Even after better than projected final book-to-bill figures for the month of August, SEMI has reported the September book-to-bill ratio of 1.17 and bookings of US$732.8 million, up from the final August figure of US$614.5 million. SEMI has now reported three consecutive months where the book-to-bill ratio has surpassed figures for the last three-years, though sales are coming off significant lows seen at the beginning of the year.
“Equipment bookings increased considerably throughout the third quarter as the semiconductor industry continued to improve overall," said Dan Tracy, Senior Director of Industry Research and Statistics at SEMI. “September 2009 is also the first time since May 2007 that year-over-year bookings have risen and is in-line with the gradually improving capital spending outlook for the remainder of this year and into next year.”
The bookings figure is 19.3% higher than the final August 2009 level and 12.8% greater than the US$649.9 million in orders posted in September 2008. However, this remains significantly below previous months of 2008 and 2007.
The three-month average of worldwide billings in September 2009 was US$624.6 million, 7.7% higher than the final August 2009 level of US$580.0 million, yet nearly 33% less than the August 2008 billings level of $927.3 million.