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Semiconductor equipment bookings continue rise in April
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There have now been nine-months of steadily rising bookings and billings for North American-based semiconductor equipment suppliers, according to new book-to-bill figures from SEMI. Orders topped US$1.44 billion in April 2010 (three-month average basis) and a book-to-bill ratio of 1.13.
"The continuing rise in bookings and billings confirms the solid recovery in investments planned for 2010," said Stanley T. Myers, president and CEO of SEMI. "In contrast to last year’s conditions, the change in the market is quite remarkable and an encouraging sign for the industry.”
The three-month average of worldwide bookings in April 2010 was US$1.44 billion, an 8.1% increase from the final March 2010 level of US$1.33 billion, and is 478.7% above the US$249.0 million in orders posted in April 2009, which market the bottom of the current equipment spending cycle.
The three-month average of worldwide billings in April 2010 was US$1.28 billion. The billings figure is up 16.2% higher than the final March 2010 level of US$1.10 billion, and is 231.7% above the April 2009 billings level of US$385.7 million.
