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Semi Tool OEMs' Orders Off in December
Written by Philip Buonpastore
Friday, 18 January 2008
SAN JOSE,
CA – North American-based semiconductor equipment manufacturers saw orders slip
18% year-over-year in December, the SEMI trade group said today.
For the
month, manufacturers posted $1.23 billion in orders, up 9% over November. The
book-to-bill ratio was 0.89, meaning that for every $89 worth of orders received,
$100 worth of product was billed during the month. A ratio greater than 1.0 is
considered a sign of an expanding market.
Averaged
over three months, billings were flat, with revised November figures down 7%
from December 2006.
For the
year, North American equipment makers saw a 2% growth in global billings.
In
a press release, Stanley T. Myers, president of SEMI said, "Most recent
booking levels are 18% below one year ago, and reflect the general expectation
that capital expenditures will be about 10% lower in 2008."
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