N.American semicon equipment makers post March 2015 Book-to-Bill Ratio of 1.10

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KUALA LUMPUR (April 22): North America-based manufacturers of semiconductor equipment posted US$1.37 billion in orders worldwide in March 2015 (three-month average basis) and a book-to-bill ratio of 1.10, according to the Semiconductor Equipment and Materials International (SEMI).

A book-to-bill of 1.10 means that US$110 worth of orders were received for every US$100 of product billed for the month.

In a statetement on its website on April 21, SEMI said the bookings figure was 4.6% higher than the final February 2015 level of US$1.31 billion, and is 5.9% higher than the March 2014 order level of US$1.30 billion.

SEMI president and CEO Denny McGuirk said the three-month average bookings reported by North American-based semiconductor manufacturing equipment providers reflected sequential and year-over-year momentum in the first quarter of 2015.

"This marks the third consecutive month that bookings exceeded billing and the ratio remained above parity,” he said.