April Semi Book-To-Bill 1.20
North American Semiconductor Equipment Industry Posts April 2002 Book-to-Bill Ratio of 1.20
SAN JOSE, Calif., May 16, 2002 -- The North American-based manufacturers of semiconductor equipment posted $982 million in orders in April 2002 (three-month average basis) and a book-to-bill ratio of 1.20, according to the April 2002 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 1.20 means that $120 worth of new orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in April 2002 was $982 million. The bookings figure is 17 percent above the revised March 2002 level of $836 million and 36 percent above the $721 million in orders posted in April 2001.
The three-month average of worldwide billings in April 2002 was $822 million. The billings figure is three percent above the revised March 2002 level of $798 million and 50 percent below the April 2001 billings level of $1.65 billion.
"While the jump in April's numbers likely reflect an end-of-quarter up-tick in bookings, the fact that we have seen bookings improve for five consecutive months is a promising sign that the market for semiconductor equipment is beginning to recover from the downturn of 2001," said Stanley Myers, president and CEO of SEMI. "Recent announcements by leading foundries of increased capital spending plans for 2002 are another sign of an brightening market outlook."
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
November 2001 817.2 588.9 0.72
December 2001 819.3 628.5 0.77
January 2002 799.9 645.2 0.81
February 2002 818.0 737.2 0.90
March 2002 (final) 797.6 835.9 1.05
April 2002 (prelim.) 821.5 982.0 1.20
The data contained in this release was compiled by the independent public accounting firm Andersen, without audit, from data submitted directly by the participants. SEMI and Andersen 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 May 2002 Express Report is scheduled for publication on June 18, 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.
INDUSTRY/IR CONTACT:
Dan Tracy/SEMI
Ph: 408.943.7987
E-mail: dtracy@semi.org MEDIA CONTACT:
Michael Droeger/SEMI
Ph: 408.943.6953
E-mail: mdroeger@semi.org
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