Memory chip demand fuels equipment expansion
North American-based manufacturers of semiconductor equipment posted US $1.71 billion in orders in January 2007 and a book-to-bill ratio of 1.06.
North American-based manufacturers of semiconductor equipment posted US $1.71 billion in orders in January 2007 (three-month average basis) and a book-to-bill ratio of 1.06 according to the January 2007 book-to-bill report published by SEMI.
A book-to-bill of 1.06 means that $106 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in January 2007 was $1.71 billion.
The bookings figure is about 14% higher than the final December 2006 level of $1.50 billion and about 39% above the $1.23 billion in orders posted in January 2006.
The three-month average of worldwide billings in January 2007 was $1.62 billion.
The billings figure is about 9% higher than the final December 2006 level of $1.48 billion and over 28% higher than the January 2006 billings level of $1.26 billion.
"Bookings and billings for semiconductor manufacturing equipment from North American-based companies increased as global memory chip makers sustained investments in the period", said Stanley T Myers, President and CEO of SEMI.
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