Notice the ABSOLUTE increases in sales, and NOT the B to B...
Tech Report
Shipment of chip gear rises in June
By Janet Haney, CBS.MarketWatch.com
Last Update: 4:57 PM ET Jul 21, 2000
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SAN JOSE, Calif. (CBS.MW) -- Shares of chip equipment stocks
weren't encouraged by the strong June booking and shipment numbers
Friday, released by Semiconductor Equipment and Materials
International.
SEMI, an international trade association for the
chip gear industry, said late Thursday that the
North American-based makers of chip equipment
book-to-bill ratio reached 1.26 in June. This means
that for every $126 in orders received, $100 worth
of products was shipped. June's number is down
slightly from May's book-to-bill of 1.28.
"While the pace is moderating, orders of
semiconductor manufacturing equipment continued
an upward trend in June," said Stanley Myers,
president and CEO of SEMI. "Enthusiasm for a
banner growth year was evident last week at the
SEMICON West exposition, where the industry
saw robust activity and strong sentiment for
continued expansion in the chip industry."
Bookings in June 2000 totaled $2.8 billion, a 79
percent jump from the year-earlier number of $1.6
billion.
Additionally, shipments for June reached $2.2
billion, 73 percent higher than the $1.3 billion
reported in June 1999.
The Philadelphia Semiconductor Index ($SOX: news, msgs), a barometer
of chip and chip equipment stock activity, lost 5.6 percent in recent
trading, with chip gear makers Applied Materials (AMAT: news, msgs)
and KLA-Tencor (KLAC: news, msgs) among the losers.
Janet Haney is a reporter for CBS.MarketWatch.com.
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