NAmerican chip equipment May book-to-bill ratio 0.89 vs 0.90 in April
SAN JOSE, CA (AFX) - Semiconductor equipment companies based in North America posted a preliminary book-to-bill ratio of 0.89 in May, falling from a final revised figure of 0.90 in April, according to industry association Semiconductor Equipment and Materials International (SEMI).
Bookings (on a three-month average basis) fell to 751 mln usd from the final figure of 757 mln a month earlier, it said.
A book-to-bill ratio of 0.89 means that 89 usd worth of new orders were received for every 100 usd of product billed.
Billings were 840 mln usd in May, unchanged from the final figure reported in April.
Orders in May were 751 mln usd on a three-month average basis.
"The outlook for front-end equipment remains sluggish, suggesting a single-digit recovery this year, although some analysts remain hopeful for the possibility of 10-15 percent billings growth in 2003," said Stanley Myers, president and CEO of SEMI.
"Conditions are more positive for the test, assembly and packaging segment, which continues to post modest gains and could experience a double-digit recovery this year."
newsdesk@afxnews.com
SAN JOSE, CA (AFX) - Semiconductor equipment companies based in North America posted a preliminary book-to-bill ratio of 0.89 in May, falling from a final revised figure of 0.90 in April, according to industry association Semiconductor Equipment and Materials International (SEMI).
Bookings (on a three-month average basis) fell to 751 mln usd from the final figure of 757 mln a month earlier, it said.
A book-to-bill ratio of 0.89 means that 89 usd worth of new orders were received for every 100 usd of product billed.
Billings were 840 mln usd in May, unchanged from the final figure reported in April.
Orders in May were 751 mln usd on a three-month average basis.
"The outlook for front-end equipment remains sluggish, suggesting a single-digit recovery this year, although some analysts remain hopeful for the possibility of 10-15 percent billings growth in 2003," said Stanley Myers, president and CEO of SEMI.
"Conditions are more positive for the test, assembly and packaging segment, which continues to post modest gains and could experience a double-digit recovery this year."
newsdesk@afxnews.com
MfG, ZiZo
