North American-based manufacturers of semiconductor equipment posted $1.42 billion in orders in March 2007 (three-month average basis) and a book-to-bill ratio of 1.00 according to the March 2007 Book-to-Bill Report published today by SEMI. A book-to-bill of 1.00 means that $100 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in March 2007 was $1.42 billion. The bookings figure is over one percent higher than the final February 2007 level of $1.40 billion and over two percent above the $1.39 billion in orders posted in March 2006.
The three-month average of worldwide billings in March 2007 was $1.42 billion. The billings figure is even with the final February 2007 level of $1.42 billion and six percent higher than the March 2006 billings level of $1.34 billion.
“Bookings improved slightly in March, while there was a small decline in billings when compared to February,” said Stanley T. Myers, president and CEO of SEMI. “Updated figures show relative equilibrium of orders and shipments over the past few months, reflecting continued market stability for North American providers of chip making equipment.”
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.
|February 2007 (final)||1,423.0||1,398.1||0.98|
|March 2007 (prelim.)||1,418.9||1,417.4||1.00|
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 April 2007 SEMI Book-to-Bill Report is scheduled for publication on May 17, 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.