US semiconductor equipment industry posts book-to-bill ratio

Semiconductor Equipment and Materials International (SEMI) has announced that North American based manufacturers of semiconductor equipment posted $779 million in orders in November 2002 (three-month average basis).The book-to-bill ratio was 0.79, according to the November 2002 Express Report. A book-to-bill of 0.79 means that $79 worth of new orders were received for every $100 of product billed for the month.The three-month average of worldwide bookings in November 2002 was $779 million. The bookings figure is slightly above the revised October 2002 level of $775 million yet 32 percent above the $589 million in orders posted in November 2001. The three-month average of worldwide billings in November 2002 was $991 million. The billings figure is one percent below the revised October 2002 level of $1.0 billion and 21 percent above the November 2001 billings level of $817 million. Source: PCBnewsline