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Semiconductor book-to-bill ratio flat but bookings remain high
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Semiconductor equipment bookings and the book-to-bill ratio for the month of May were flat with the previous month, though bookings remain higher than the same month a year ago. North America-based manufacturers of semiconductor equipment posted $1.62 billion in orders in May 2011 (three-month average basis) and a book-to-bill ratio of 0.97, according to the May Book-to-Bill Report published today by SEMI.
“Three-month average bookings improved slightly in May and both bookings and billings are higher than one year ago,” said Stanley T. Myers, president and CEO of SEMI. “As we approach the half-year point, the data substantiates global industry expectations for double-digit growth this year.”
The bookings figure is 1.1% higher than the final April 2011 level of US$1.60 billion, and is 6.2% above the US$1.53 billion in orders posted in May 2010.
The three-month average of worldwide billings in May was US$1.67 billion. The billings figure is 2.0% higher than the final April 2011 level of US$1.64 billion, and is 24.0% more than the May 2010 billings level of US$1.34 billion.
