North America-based manufacturers of semiconductor equipment posted US$288.5 million in orders in May 2009 (three-month average basis) and a book-to-bill ratio of 0.74.This was the best so far since December last year's 0.86.
According to the May 2009 Book-to-Bill Report published over the weekend by SEMI, a book-to-bill of 0.74 means that US$74 worth of orders were received for every US$100 of product billed for the month.
"Bookings for the North American semiconductor equipment market are still near historically low levels, though the sharp declines have subsided,” said Dan Tracy, senior director of Industry Research and Statistics at SEMI.
“While recent industry data show increased semiconductor device unit sales, the industry is waiting for stronger signals to increase capital investments.”
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.
SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries.
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