To: Jim Willie CB who wrote (19180 ) 5/15/2003 6:02:24 PM From: Sully- Read Replies (1) | Respond to of 89467 North American Semiconductor Equipment Industry Posts April 2003 Book-to-Bill Ratio of 0.86 SAN JOSE, Calif., MAY 15, 2003 -- The North American-based manufacturers of semiconductor equipment posted $823 million in orders in March 2003 (three-month average basis) and a book-to-bill ratio of 0.86, according to the April 2003 Express Report published today by Semiconductor Equipment and Materials International (SEMI). A book-to-bill of 0.86 means that $86 worth of new orders were received for every $100 of product billed for the month.The three-month average of worldwide bookings in April 2003 was $737 million. The bookings figure is five percent below the revised March 2003 level of $777 million and 26 percent below the $996 million in orders posted in April 2002. The three-month average of worldwide billings in April 2003 was $854 million. The billings figure is nominally below the revised March 2003 level of $857 million and five percent above the April 2002 billings level of $815 million. "Despite hopeful indications in last months figures, orders for new semiconductor manufacturing equipment remain at relatively low levels," said Stanley Myers, president and CEO of SEMI. "The April data reflects continuing uncertainty in the broader markets in regards to recovery in consumer and commercial spending." 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. Billings and bookings figures are in millions of U.S. dollars. Billings (Three-month avg.) Bookings (Three-month avg.) Book-to-Bill November 2002 976.4 776.7 0.80 December 2002 878.3 826.5 0.94 January 2003 784.4 739.0 0.94 February 2003 777.7 760.6 0.98 March 2003 (final) 857.1 777.3 0.91 April 2003 (prelim.) 853.8 737.2 0.86 The data contained in this release was compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. can assume no responsibility for the accuracy of the underlying data. The data are contained in a monthly Express Report published by SEMI that tracks billings and orders worldwide of North American-based manufacturers of equipment used to manufacture semiconductor devices, not billings and orders of the chips themselves. The April 2003 Express Report is scheduled for publication on June 17, 2003 (subject to change). Based in San Jose, Calif., SEMI is an international industry association serving more than 2,500 companies participating in the semiconductor and flat panel display equipment and materials markets. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, Seoul, Shanghai, Singapore, Tokyo and Washington, D.C. For more information, visit SEMI on the Internet at www.semi.org.semi.org .