Semiconductor equipment book-to-bill in June lower
MOUNTAIN VIEW, California, July 22 (Reuters) - North
American semiconductor equipment manufacturers saw a decline in
orders in June, pushing down the industry's benchmark
measurement of orders to shipments, or the book-to-bill ratio,
to 0.74.
According to Semiconductor Equipment and Materials
International, or SEMI, a trade group representing the
equipment manufacturers, preliminary figures showed $74 in
orders were received for every $100 worth of products shipped
in June.
"Contrary to everyone's hopes, May 1998 was not the bottom
of the downturn cycle, although shipments were essentially
equal to those of a year ago," said Dick Greene, principal
analyst with SEMI said in a statement.
The revised figure for May's book-to-bill was 0.81, SEMI
said.
The trade group said the figures for the month of June
showed the three-month rolling average for shipments at $1.2
billion, off nine percent from May and about even with June of
1997.
The three-month rolling average for bookings in June were
$911 million, down 16 percent from May and 32 percent below
their levels during the same period last year..
SEMI said its book-to-bill is a ratio of the three-month
moving average in bookings compared to the three-month moving
average in shipments.
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