North American semiconductor equipment industry posts January 2014 book-to-bill ratio of 1.04 North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders worldwide in January 2014 (three-month average basis) and a book-to-bill ratio of 1.04, according to the January EMDS Book-to-Bill Report published today by SEMI. A book-to-bill of 1.04 means that $104 worth of orders were received for every $100 of product billed for the month. The three-month average of worldwide bookings in January 2014 was $1.28 billion. The bookings figure is 7.2 percent lower than the final December 2013 level of $1.38 billion, and is 19.1 percent higher than the January 2013 order level of $1.08 billion. The three-month average of worldwide billings in January 2014 was $1.24 billion. The billings figure is 8.3 percent lower than the final December 2013 level of $1.35 billion, and is 27.9 percent higher than the January 2013 billings level of $968.0 million. “Both bookings and billings are at values higher than reported one year ago and are good indications of growth in the 2014 equipment market,” said Denny McGuirk, president and CEO of SEMI. “Device makers are investing in 20nm technology and advanced device structures, while leading packaging houses focus their investments on flip chip, wafer-level, and 3-D packaging.” 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 U.S. dollars. Billings (3-mo. avg) Bookings (3-mo. avg) Book-to-Bill August 2013 1,081.9 1,063.9 0.98 September 2013 1,020.9 992.8 0.97 October 2013 1,071.0 1,124.5 1.05 November 2013 1,113.9 1,238.0 1.11 December 2013 (final) 1,349.7 1,380.8 1.02 January 2014 (prelim) 1,238.0 1,281.9 1.04 Source: SEMI, February 2014 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 SEMI Equipment Market Data Subscription (EMDS). SEMI is the global industry association serving the nano- and micro-electronic manufacturing supply chains.