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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.02-1.5%3:59 PM EST

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To: limtex who wrote (111409)1/23/2002 11:06:21 AM
From: JohnG  Read Replies (1) of 152472
 
Possible turn in simi book-to-build

North American Semiconductor Equipment Industry Posts December 2001 Book-to-Bill
Ratio of 0.78

SAN JOSE, Calif., January 22, 2002 -- The North American-based manufacturers of
semiconductor equipment posted $652.4 million in orders in December 2001
(three-month average basis) and a book-to-bill ratio of 0.78, according to the December
2001 Express Report published today by Semiconductor Equipment and Materials
International (SEMI). A book-to-bill of 0.78 means that $78 worth of new orders were
received for every $100 of product billed for the month.

The three-month average of worldwide bookings in December 2001 was $652.4 million.
The bookings figure is about 7 percent above the revised November 2001 level of
$609.3 million and 73 percent below the $2.37 billion in orders posted in December
2000.

The three-month average of worldwide billings in December 2001 was $834.9 million.
The billings figure is approximately 0.7 percent above the revised November 2001 level
of $829.5 million and 65 percent below the December 2000 billings level of $2.39 billion.

"There are some indications that capacity utilization and unit volume output have
improved from the 2001 lows, in particular for some segments of the assembly and test
markets," said Stanley Myers, president and CEO of SEMI. "Chip and equipment
companies, however, remain cautious about the near-term outlook because of
uncertainty with the overall economic recovery."

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.
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