SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (219604)2/18/2005 12:27:32 PM
From: tejek  Read Replies (1) of 1576613
 
Semi Book-to-Bill Chills

By Chris Kraeuter
TheStreet.com Staff Reporter
2/17/2005 7:07 PM EST

North American-based semiconductor-equipment manufacturers logged a reduced amount of orders for the fourth straight month in January, driving a key industry ratio of orders and shipments to its lowest level since November 2003, according to new data from an industry trade group on Thursday.

The equipment industry has cooled since mid-2004 when an inventory correction caused chipmakers to cool expansion plans. "Total bookings declined sharply in January and are now about 37% below the cyclic peak observed in June 2004," said Stanley Myers, chief executive of trade group Semiconductor Equipment and Materials International.

The world's largest semiconductor equipment maker, Applied Materials (AMAT:Nasdaq - news - research), stated earlier this week that orders for the January quarter dropped 36% from the previous period.

The book-to-bill ratio, which measures orders received against product shipped, was 0.80 to 1, based on preliminary data compiled as a three-month moving average. During December, the final ratio was 0.94 to 1; last January the ratio was 1.19 to 1.

Orders were $1 billion in January compared with $1.24 billion in December and $1.23 billion in January last year.

Equipment makers in North America shipped products valued at $1.27 billion for the month, below the $1.32 billion reported in December and above the $1 billion shipped in January 2004.

thestreet.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext