VLSI Research: "June Equipment B:B at 1.24"
vlsiresearch.com
"June 2002 Forecast Summary"
...http://www.semichips.org/downloads/Summary.pdf
...http://www.forbes.com/asap/2001/0910/044chart1.html ...6/01 forecast
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Rearranged.
>>> 7/15/2002
FOR IMMEDIATE RELEASE
Contact: Aida Jebens
Email ajebens@vlsiresearch.com
Tel: (408) 453-8844 Fax: (408) 437-0608
VLSI RESEARCH INC
June’s Semiconductor Equipment Book-to-Bill Ratio at 1.24
San Jose, CA: Worldwide equipment billings amounted to $2.56B in June and bookings were at $3.17B, according to the July 15th edition of VLSI Research Inc’s Industry Pulse Pro®.
The resulting book-to-bill ratio was 1.24†.
Equipment billings for June were 3% below May’s level, while bookings were only 2% higher than the previous month.
Absolute bookings levels are still very low because equipment customers remain indecisive about expansion. Several factors are behind this:
(1) Weak chip pricing resulting from a slowing electronics demand occurring at the same time that front-end utilization rate has increased. Front-end utilization rate was at 87.7% in June and is forecast to increase to 88.7% in July;
(2) The financial accounting crisis in the United States is causing many chip makers to forego spending to protect their cash flows.
Of the total billings in June,
... $1.53B were for wafer processing equipment,
... $0.58 for test and related equipment,
... $0.13 for assembly, and
... $0.32 for service and spares.
VLSI Research’s forecast for July calls for billings of $2.4B and bookings of $3.3B that results in a B:B ratio of 1.38.
VLSI Research’s preliminary data for June indicates IC bookings at $14.5B and IC billings at $9.5B, yielding a B:B ratio of 1.18 on a three-month average basis.
The IC billings represent the average of WSTS sales data for April and May and VLSI Research’s estimate for June.
The IC B:B ratio is expected to move up to 1.50 during July, when bookings are forecast at $14.5 and billings are at about $9.7B.
The following table summarizes our latest findings.
Semiconductor Equipment Billings and Bookings
(millions of U.S. dollars)
Front-End
Worldwide Worldwide B:B Capacity
Billings Bookings Ratio Utilization
April 2002 2245.7 2933.8 1.31 80.1%
May 2002 2644.3 3079.3 1.16 83.0%
June 2002* 2559.5 3170.0 1.24 87.7%
July 2002** 2367.0 3256.7 1.38 88.7%
*-Preliminary
**-Forecast
†- VLSI Research’s equipment B:B represents worldwide bookings and billings for the current
month. They differ from those published in SEMI’s Express Report, which are a three-month
average of equipment bookings and billings for North American manufacturers.<<< |
