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SEMI Reports Book-to-Bill Ratio of 0.93

Published: 20 November 2008
 by Staff
SAN JOSE, CA – SEMI has released its October 2008 Book-to-Bill Report. According to the report, North American-based manufacturers of semiconductor equipment had a three-month average of worldwide bookings totaling $843 million. That is nearly a 30% increase over September’s figure.
 
The book-to-bill ratio was 0.93, matching February’s figure, the highest monthly total for 2008. The three-month average for worldwide billings reached $908 million, 2% less than September’s level of $927 million.
 
“While three-month average bookings improved in October, overall bookings and billings for North American equipment manufacturers are at level comparable to 2003,” explained Stanley Myers, SEMI’s president and CEO. He suggests that the industry waits until the early part of 2009 for clearer signals regarding market direction.
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