SAN JOSE — The 90-day moving average orders for North America-based semiconductor equipment manufacturers fell 1.5% year-over-year on seasonality.

Manufacturers reported $1.28 billion in orders worldwide in July, according to SEMI. Bookings were down 10.2% from the revised June numbers.

The book-to-bill ratio was 0.87, meaning that $87 worth of orders were received for every $100 of product billed for the month. A ratio below 1.0 is considered a sign of near-term recession. It was the second straight month of negative growth.

The three-month average worldwide billings in July was $1.48 billion, down 3.9% from the revised June figures and down 2.9% from July 2011.

Semiconductor equipment demand is considered a leading indicator for future printed circuit board and assembly demand.

 

Billings
(3-mo. avg)

Bookings
(3-mo. avg)

Book-to-Bill

February 2012

1,322.8

1,336.9

1.01

March 2012

1,287.6

1,445.7

1.12

April 2012

1,458.7

1,602.8

1.10

May 2012

1,539.3

1,613.7

1.05

June 2012
(final)

1,535.7

1,424.3

0.93

July 2012
(prelim)

1,476.5

1,278.7

0.87

Source: SEMI August 2012

 

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