N.American semicon equipment makers post January 2015 Book-to-Bill Ratio of 1.03

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KUALA LUMPUR (Feb 23): North America-based manufacturers of semiconductor equipment posted US$1.31 billion in orders worldwide in January 2015 (three-month average basis) and a book-to-bill ratio of 1.03, according to the Semiconductor Equipment and Materials International (SEMI).

A book-to-bill of 1.03 means that US$103 worth of orders were received for every US$100 of product billed for the month.

In a statetement on its website on Feb 19, SEMI said the bookings figure was 4.9% lower than the final December 2014 level of US$1.38 billion, and is 2.6% higher than the January 2014 order level of US$1.28 billion.

SEMI president and CEO Denny McGuirk said 2014 was a strong growth year for the semiconductor equipment industry, and both bookings and billings at the start of this year are comparable to the early 2014 figures.

"Given the positive outlook for the semiconductor industry in 2015 and based on current capex announcements, we expect the equipment market to continue to grow this year,” he said.