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Semi Tool OEMs' Orders Off in December

Published: 18 January 2008
 by Staff

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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