SIA says February book-to-bill ratio 0.90
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SAN JOSE, Calif., March 12 (Reuter) - The Semiconductor Industry Association released the following information Tuesday relating to North American semiconductor demand for February.
Feb 96 Jan 96 Feb 95
Book-to-Bill ratio 0.90 0.92 1.12
Orders (in billions) $3.90 $4.08
Shipments (in billions) $4.34 $4.42
Note: A book to bill ratio of 0.90 means that for every
$100 in shipments, manufacturers received $90 in new orders. The seasonally adjusted ratio is computed by a three-month moving average. Industry book-to-bill estimates for February ranged from 0.88 to 0.93. The January 1996 ratio was revised from the preliminary ratio of 0.93 reported last month.
The World Semiconductor Trade Statistics (WSTS) said February billings in North and South America rose 31.6 percent to $4.34 billion, from $3.30 billion in February 1995.
But, February billings fell 1.8 percent from the $4.42 billion reported for January 1996.
February bookings rose 5.7 percent to $3.90 billion from February 1995, but fell 4.5 percent from the $4.08 billion in new orders recorded in January.
By way of contrast, bookings in January 1996 declined 16.8 percent from the December 1995 numbers.
"The semiconductor marketplace appears to be stabilizing. The new numbers suggest the dramatic drop in January was a one-month aberration," said Doug Andrey, director of information systems and finance for the SIA.
"Overall, we continue to expect solid growth for the semiconductor industry throughout 1996 because the global consumer demand for chip-related products - such as personal computers - is going to increase for the foreseeable future," he said. Rtr 17:44 03-12-96 |