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To: Proud_Infidel who wrote (3616)10/17/2002 8:33:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
SEMI's book-to-bill falls to 0.84 in September
Semiconductor Business News
(10/17/02 06:33 p.m. EST)

SAN JOSE--North American-based manufacturers of semiconductor equipment posted a book-to-bill ratio of0.84 for September, down from 1.02 in August, according to new figures from the Semiconductor Equipment and Materials International (SEMI) trade group here today.

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. A book-to-bill of 0.84 means that $84 worth of new orders were received for every $100 of product billed for the month, according to San Jose-based SEMI.

The three-month average of worldwide bookings in September was $823 million. The bookings figure is 19% below the revised August 2002 level of $1.02 billion, but 34% above the $614 million in orders posted in September 2001.

The three-month average of worldwide billings in September was $985 million. The billings figure is 1% below the revised August 2002 level of $995 million and 2.5% above the September 2001 billings level of $961 million.

"Announcements of lower bookings previously reported by semiconductor capital equipment manufacturers are now being reflected in the SEMI Express Report data," said Stanley Myers, president and CEO of SEMI, in a statement. "As has been the case across the technology sector, the persistence of poor forward visibility continues to hamper the ability to forecast the timing of the next upcycle in capital spending," he said.