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SEMI's book-to-bill up in Dec. '06

Posted: 23 Jan 2007 ?? ?Print Version ?Bookmark and Share

Keywords:semicon equipment? semiconductor equipment? book-to-bill update? book-to-bill report? semicon products?

Despite a sudden drop in bookings, North American-based manufacturers of semiconductor equipment posted a book-to-bill ratio of 1.05 in December of 2006, up from 0.95 in November of last year, according to SEMI.

A book-to-bill of 1.05 means that $105 worth of orders were received for every $100 of product billed for the month. 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.

The three-month average of worldwide bookings in December 2006 was $1.52 billion. The bookings figure is about seven percent higher than the final November 2006 level of $1.43 billion and 33 percent above the $1.14 billion in orders posted in December 2005.

The three-month average of worldwide billings in December 2006 was $1.45 billion. The billings figure is about two percent less than the final November 2006 level of $1.49 billion and over 18 percent higher than the December 2005 billings level of $1.22 billion.

"The three month average trends for North American semiconductor equipment bookings and billings diverged in December, with a slight decrease in billings and an uptick in bookings," said Stanley Myers, president and CEO of SEMI, in a statement. "However, bookings have declined seven percent when viewed quarter over quarter."

After starting off 2006 with what one market watcher called a "roar" and ending it with a "whimper," the semiconductor industry looks to be opening 2007 with crossed fingers. The industry managed modest growth last year and should again post moderate gains this year of 5 to 12 percent, according to chip forecasters polled by EE Times.

- Mark LaPedus
EE Times

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