KUALA LUMPUR (Dec 16): North America-based manufacturers of semiconductor equipment posted US$1.55 billion in orders worldwide in November 2016 (three-month average basis) and a book-to-bill ratio of 0.96, according to the Semiconductor Equipment and Materials International (SEMI).
A book-to-bill of 0.96 means that US$96 worth of orders were received for every US$100 of product billed for the month.
In a statement on its website on Dec 15, SEMI said the bookings figure was 4% higher than the final October 2016 level of US$1.49 billion, and is 25.1% higher than the November 2015 order level of US$1.24 billion.
SEMI senior director Dan Tracy said as 2016 comes towards a close, equipment spending is stronger than expected at the start of the year
"Spending has been driven by 3D NAND, leading-edge foundry, and advanced packaging investments, and these segments are key for the expected spending growth in 2017,” said Tracy.