KUALA LUMPUR (March 20): North America-based manufacturers of semiconductor equipment posted US$1.31 billion in orders worldwide in February 2015 (three-month average basis) and a book-to-bill ratio of 1.02, according to the Semiconductor Equipment and Materials International (SEMI).
A book-to-bill of 1.02 means that US$102 worth of orders were received for every US$100 of product billed for the month.
In a statetement on its website on March 19, SEMI said the bookings figure was 1.3% lower than the final January 2015 level of US$1.33 billion, and is 1% higher than the February 2014 order level of US$1.30 billion.
SEMI president and CEO Denny McGuirk said year-to-date bookings and billings for North American semiconductor equipment were higher than last year for the same time period.
"The year is off to a good start, with growth in bookings from the back-end sector,” he said.