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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (38047)6/21/2001 6:04:29 PM
From: Sully-  Read Replies (1) of 65232
 
B2B @ .46

North American Semiconductor Equipment Industry Posts May 2001 Book-to-Bill Ratio of 0.46

SAN JOSE, Calif., June 21, 2001 -- The North American-based manufacturers of semiconductor equipment posted $704 million in orders in May 2001 and a book-to-bill ratio of 0.46, according to the May 2001 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.46 means that $46 worth of new orders were received for every $100 of product shipped for the month.

The three-month average of worldwide bookings in May 2001 was $704 million. The bookings figure is three percent below the revised April 2001 level of $723 million and 75 percent below the $2.78 billion in orders posted in May 2000.

The three-month average of worldwide shipments in May 2001 was $1.52 billion. The shipments figure is nine percent below the revised April 2001 level of $1.66 billion and is 30 percent below the May 2000 shipments level of $2.16 billion.

"While the book-to-bill ratio is slightly elevated from the prior month, both shipments and orders continued to decline," said Stanley T. Myers, president and CEO of SEMI. "It is likely that the prospects for sustained year-over-year improvements in monthly shipments are three to four quarters away. On a worldwide basis, we currently anticipate a 30 to 32 percent annual decline in the semiconductor equipment market in 2001. While this severe drop presents a painful environment for SEMI member companies, this would still result in the second best revenue year in the history of our industry."

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.

semi.org.
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