North American Semiconductor Equipment Industry Posts February 2002 Book-to-Bill Ratio of 0.87
SAN JOSE, Calif., March 19, 2002 -- The North American-based manufacturers of semiconductor equipment posted $712 million in orders in February 2002 (three-month average basis) and a book-to-bill ratio of 0.87, according to the February 2002 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.87 means that $87 worth of new orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in February 2002 was $712 million. The bookings figure is 10 percent above the revised January 2002 level of $645 million and 56 percent below the $1.61 billion in orders posted in February 2001.
The three-month average of worldwide billings in February 2002 was $822 million. The billings figure is three percent above the revised January 2002 level of $800 million and 64 percent below the February 2001 billings level of $2.28 billion.
"Although the prevailing consensus is that 2002 will be a challenging year, the picture has brightened with recent announcements by some chipmakers of possible upward revisions in capital spending and the incremental acceleration of bookings over the last three months," said Stanley Myers, president and CEO of SEMI.
The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average billings for the North American semiconductor equipment industry. Billings and bookings figures are in millions of U.S. dollars.
Billings
(Three-month avg.) Bookings
(Three-month avg.) Book-to-Bill
September 2001 960.7 614.0 0.64
October 2001 895.5 644.4 0.72
November 2001 817.2 588.9 0.72
December 2001 819.3 628.5 0.77
January 2002 (final) 799.9 645.2 0.81
February 2002 (prelim.) 822.1 711.6 0.87
The data contained in this release was compiled by the independent public accounting firm of Arthur Andersen LLP, without audit, from data submitted directly by the participants. SEMI and Arthur Andersen LLP can assume no responsibility for the accuracy of the underlying data.
The data are contained in a monthly Express Report published by SEMI that tracks billings and orders worldwide of North American-based manufacturers of equipment used to manufacture semiconductor devices, not billings and orders of the chips themselves. The February 2002 Express Report is scheduled for publication on April 22, 2002 (subject to change).
Based in San Jose, Calif., SEMI is an international industry association serving more than 2,500 companies participating in the semiconductor and flat panel display equipment and materials markets. SEMI maintains offices in Austin, Beijing, Boston, Brussels, Hsinchu, Moscow, Seoul, Singapore, Tokyo and Washington, D.C. For more information, visit SEMI on the Internet at www.semi.org. |
