Semiconductor equipment industry posts April 2009 book-to-bill ratio

North America-based manufacturers of semiconductor equipment posted USD 253 million in orders in April 2009 (three-month average basis) and a book-to-bill ratio of 0.65 according to the April 2009 Boo…

North America-based manufacturers of semiconductor equipment posted USD 253 million in orders in April 2009 (three-month average basis) and a book-to-bill ratio of 0.65 according to the April 2009 Book-to-Bill Report published on 21 May 2009 by SEMI. A book-to-bill of 0.65 means that USD 65 worth of orders were received for every USD 100 of product billed for the month. The three-month average of worldwide bookings in April 2009 was USD 253 million. The bookings figure is 3% greater than the final March 2009 level of USD 245.6 million, and about 77% less than the USD 1.09 billion in orders posted in April 2008. The three-month average of worldwide billings in April 2009 was USD 389.9 million. The billings figure is 11% less than the final March 2009 level of USD 438.3 million, and about 71% less than the April 2008 billings level of USD 1.34 billion. “Capital investment by chip makers remains limited and bookings for semiconductor manufacturing equipment from North America-based companies have been essentially flat at extraordinarily low levels for the past quarter” said Stanley T. Myers, president and CEO of SEMI. 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 US dollars.