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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/22/2001 8:32:24 PM
From: Sharck	of 37746

North American Semiconductor Equipment Industry Posts February 2001 Book-to-Bill Ratio of 0.77 SAN JOSE, Calif., March 22, 2001 -- The North American-based manufacturers of semiconductor equipment posted $1.8 billion in orders in February 2001 and a book-to-bill ratio of 0.77, according to the March 2001 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.77 means that orders were 23 percent lower than shipments for the month. The three-month average of worldwide bookings in February 2001 was $1.80 billion. The bookings figure is four percent below the revised January 2001 level of $1.87 billion and 22 percent below the $2.30 billion in orders posted in February 2000. The three-month average of worldwide shipments in February 2001 was $2.35 billion. The shipments figure is one percent above the revised January 2001 level of $2.33 billion but is 48 percent above the February 2000 shipments level of $1.59 billion. "Semiconductor equipment shipments have remained at about the same level as last month. However, the book-to-bill ratio reflects the continued erosion in bookings," said Stanley T. Myers, president and CEO of SEMI. "While the month-over-month order decline slowed from the sharp drop in January, the semiconductor equipment industry continues to reflect softening demand within the electronics ecosystem. The equipment industry is well into its cyclic contraction as February orders are forty percent below the peak of this cycle set in October, 2000." The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average shipments for the North American semiconductor equipment industry. Shipments and bookings figures are in millions of U.S. dollars.

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