North American semiconductor equipment industry posts March 2015 book-to-bill ratio of 1.10

North America-based manufacturers of semiconductor equipment posted $1.37 billion in orders worldwide in March 2015 (three-month average basis) and a book-to-bill ratio of 1.10, according to the March EMDS Book-to-Bill Report published today by SEMI.   A book-to-bill of 1.10 means that $110 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in March 2015 was $1.37 billion. The bookings figure is 4.6 percent higher than the final February 2015 level of $1.31 billion, and is 5.9 percent higher than the March 2014 order level of $1.30 billion.

The three-month average of worldwide billings in March 2015 was $1.25 billion. The billings figure is 2.4 percent lower than the final February 2015 level of $1.28 billion, and is 1.9 percent higher than the March 2014 billings level of $1.23 billion.

““Three-month average bookings reported by North American-based semiconductor manufacturing equipment providers reflected sequential and year-over-year momentum in the first quarter of 2015,”” said SEMI president and CEO Denny McGuirk. “This marks the third consecutive month that bookings exceeded billing and the ratio remained above parity.””

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

October 2014 

$1,184.2

$1,102.3

0.93

November 2014 

$1,189.4

$1,216.8

1.02

December 2014 

$1,395.9

$1,381.5

0.99

January 2015 

$1,279.1

$1,325.6

1.04

February 2015 (final)

$1,280.1

$1,313.7

1.03

March 2015 (prelim)

$1,249.1

$1,374.4

1.10

Source: SEMI, April 2015

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