SAN JOSE – North America-based manufacturers of semiconductor equipment posted a 90-day moving average of $1.68 billion in orders in June, up 10.5% sequentially.

The book-to-bill ratio was 1.19, according to SEMI. A book-to-bill of 1.19 means that $119 worth of orders was received for every $100 of product billed for the month.The ratio has been above 1.0 -- the benchmark indicating future growth -- for 12 straight months.

Bookings were up 379% from June 2009, when the market was nearing the end of a horrific slump.

The three-month average worldwide billings was $1.42 billion, up 5.7% from the final May level and 222.7% over June 2009.

"The capital spending plans that fabs have put in place have resulted in orders at the highest level since August of 2006," said Stanley T. Myers, president and CEO of SEMI.

Source: SEMI July 2010

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