NA Semiconductor Equipment Industry Posts Book-to-Bill Ratio of 0.97

North American-based manufacturers of semiconductor equipment posted $1.45 billion in orders in November 2006 (three-month average basis) and a book-to-bill ratio of 0.97 according to the November 2006 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.97 means that $97 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in November 2006 was $1.45 billion. The bookings figure is one percent below the final October 2006 level of $1.47 billion and 33 percent above the $1.09 billion in orders posted in November 2005.

The three-month average of worldwide billings in November 2006 was $1.49 billion. The billings figure is about four percent below the final October 2006 level of $1.56 billion and almost 27 percent higher than the November 2005 billings level of $1.18 billion.

“North American semiconductor equipment bookings and billings have moderated in recent months, following a strong first half of 2006 and expected cyclic patterns,” said Stanley T. Myers, president and CEO of SEMI. “Though having slowed recently, bookings remain at levels well above those of the last slowdown in 2005.”

The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.

(Three-month avg.)
(Three-month avg.)
June 2006 1,557.4 1,782.3 1.14
July 2006 1,637.9 1,734.6 1.06
August 2006 1,742.8 1,729.7 0.99
September 2006 1,672.8 1,639.2 0.98
October 2006 (final) 1,562.9 1,468.6 0.94
November 2006 (prelim.) 1,494.4 1,454.3 0.97

The data contained in this release was compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.

The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves.

SEMI is a global industry association serving companies that provide equipment, materials and services used to manufacture semiconductors, displays, nano-scaled structures, micro-electromechanical systems (MEMS) and related technologies. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, San Jose (Calif.), Seoul, Shanghai, Singapore, Tokyo and Washington, D.C.

The December 2006 SEMI Book-to-Bill Report is scheduled for publication on January 18, 2007; 3:00 p.m. PDT (subject to change). Independently from SEMI, The Semiconductor Equipment Association of Japan (SEAJ) releases its October Book-to-Bill Report on approximately the same date. The SEAJ Book-to-Bill Report tracks billings and bookings worldwide of Japanese-headquartered semiconductor equipment manufacturers.