N.American semicon equipment makers post October 2014 Book-to-Bill Ratio of 0.93

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KUALA LUMPUR (Nov 24): North America-based manufacturers of semiconductor equipment posted US$1.10 billion in orders worldwide in October 2014 (three-month average basis) and a book-to-bill ratio of 0.93, according to the Semiconductor Equipment and Materials International (SEMI).

A book-to-bill of 0.93 means that US$93 worth of orders were received for every US$100 of product billed for the month.

In a statetement on its website on Nov 20, SEMI said the bookings figure was 5.8% lower than the final September 2014 level of US$1.26 billion, and is 10.6% higher than the October 2013 order level of US$1.07 billion.

SEMI president and CEO Denny McGuirk said that while the global semiconductor equipment industry would see strong double-digit growth this year and is slated for further growth in 2015, order activity posted by North American suppliers had moderated, resulting in a book-to-bill ratio below parity for two consecutive months.