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SEMI reports 0.99 book-to-bill ratio in March '03

Posted: 22 Apr 2003 ?? ?Print Version ?Bookmark and Share

Keywords:semi? semiconductor equipment?

The North American-based manufacturers of semiconductor equipment posted $823 million in orders in March 2003 (three-month average basis) and a book-to-bill ratio of 0.99, according to the March 2003 Express Report published by Semiconductor Equipment and Materials International (SEMI).

SEMI further reported that the three-month average of worldwide bookings in March 2003 was $823 million, eight percent above the revised February 2002 level of $761 million and two percent below the $836 million in orders posted in March 2002. On the other hand, the three-month average of worldwide billings in March 2003 was $834 million, seven percent above the revised February 2002 level of $778 million and five percent above the March 2002 billings level of $798 million.

"Signs of some improvements in corporate earnings and in the geopolitical environment provide further hope for recovery this year, however we remain cautious looking out over the near-term," said Stanley Myers, president and CEO of SEMI. "One strongly positive sign is the growth of the test and assembly segment, which has historically preceded overall recovery in the industry. Orders for final manufacturing equipment have increased for three consecutive months and the book-to-bill ratio for the segment has been above parity for two straight months."

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