SAN JOSE – The 90-day average of orders of North America-based semiconductor equipment manufacturers was $278.9 million in March, down 76% from last year.
The book-to-bill ratio for the month was 0.61, up from the low of 0.47 in January and the revised February figure of 0.49, SEMI said.
A book-to-bill of 0.61 means that $61 worth of orders were received for every $100 of product billed for the month.
Bookings were up 8% from February, the trade group said.
Billings were $455.3 million, down 13% from February and 66% from March 2008.
“The sharp decline in bookings levels has abated," said Stanley T. Myers, president and CEO of SEMI. However, the improvement in the March book to bill ratio is primarily attributed to reduced billings, and semiconductor equipment bookings remain at levels below that needed to support a healthy supply chain."
Source: http://www.circuitsassembly.com/
The book-to-bill ratio for the month was 0.61, up from the low of 0.47 in January and the revised February figure of 0.49, SEMI said.
A book-to-bill of 0.61 means that $61 worth of orders were received for every $100 of product billed for the month.
Bookings were up 8% from February, the trade group said.
Billings were $455.3 million, down 13% from February and 66% from March 2008.
“The sharp decline in bookings levels has abated," said Stanley T. Myers, president and CEO of SEMI. However, the improvement in the March book to bill ratio is primarily attributed to reduced billings, and semiconductor equipment bookings remain at levels below that needed to support a healthy supply chain."
Source: http://www.circuitsassembly.com/
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