North American semiconductor fab tool orders tracked flat Y/Y in July August 17, 2012 — North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders and $1.48 billion in billings worldwide in July 2012, ending with a book-to-bill ratio of 0.87, says SEMI. The three-month average of worldwide bookings in July 2012 of $1.28 billion is 10.2% lower than the final June 2012 level of $1.42 billion, and 1.5% lower than the July 2011 order level of $1.30 billion. The three-month average of worldwide billings in July 2012, $1.48 billion, is 3.9% lower than the final June 2012 level of $1.54 billion, and 2.9% less than the July 2011 billings level of $1.52 billion. "Bookings and billings for North American semiconductor equipment in July are close to values reported exactly one year ago," said Denny McGuirk, president and CEO of SEMI. "Seasonal slowing of investment activity in the current cycle is reflected in reduced orders as the industry enters the second half of the year." 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. A book-to-bill of 0.87 means that $87 worth of orders were received for every $100 of product billed for the month. Billings (3-mo. avg, $M) Bookings (3-mo. Avg, $M) Book-to- Bill Feb 2012 1,322.8 1,336.9 1.01 March 2012 1,287.6 1,445.7 1.12 April 2012 1,458.7 1,602.8 1.10 May 2012 1,539.3 1,613.7 1.05 June 2012 (final) 1,535.7 1,424.3 0.93 July 2012 (prelim) 1,476.5 1,278.7 0.87 The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data. The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves. The Book-to-Bill report is one of three reports included with the Equipment Market Data Subscription (EMDS). SEMI is a global industry association serving the nano- and micro-electronic manufacturing supply chains. For more information, visit www.semi.org. Visit the Semiconductors Channel of Solid State Technology!