SAN JOSE — The 90-day moving average bookings at North America-based semiconductor equipment manufacturers in April jumped 22.5% over last year and 10.8% over the revised March 2014 levels. Orders reached $1.44 billion for the period, said SEMI.

 

The book-to-bill ratio slipped three basis points to 1.03 but remained above the key 1.0 level. A ratio of 1.03 means that $103 worth of orders were received for every $100 of product billed for the month. A ratio above 1.0 is considered a sign of an expanding market.

The three-month average worldwide billings in April was $1.4 billion, up 28.7% year-over-year and 14.1% from March.

"Sales of semiconductor manufacturing equipment from North American producers continue to demonstrate strong sequential and year-over-year growth,” a SEMI spokesperson said. SEMI. “The data through the first quarter reflects momentum in memory, foundry, and back-end spending.”

The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.

 

Billings
(3-mo. avg)

Bookings
(3-mo. avg)

Book-to-Bill

November 2013

1,113.9

1,238.0

1.11

December 2013

1,349.7

1,380.8

1.02

January 2014

1,233.2

1,280.3

1.04

February 2014

1,288.3

1,295.4

1.01

March 2014 (final)

1,225.5

1,297.7

1.06

April 2014 (prelim)

1,398.5

1,438.2

1.03

Source: SEMI, May 2014

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