Business SEMI b-to-b goes positive
2013/11/20SEMI records a book-to-bill of 1.05 for October meaning it has risen above parity for the first time in three months.
October bookings were $1.12 billion. The bookings figure is 13.3 percent higher than the final September 2013 level of $992.8 million, and is 51.4 percent higher than the October 2012 order level of $742.8 million.
The three-month average of worldwide billings in October 2013 was $1.07 billion. The billings figure is 4.9 percent higher than the final September 2013 level of $1.02 billion, and is 8.7 percent higher than the October 2012 billings level of $985.5 million.
“Both equipment orders and billings improved in the October data, resulting in a book-to-bill ratio returning above parity,” said Denny McGuirk, president and CEO of SEMI. ”Order activity is well above the figures reported one year ago and point towards on-going investments in advanced process technologies for NAND Flash, microprocessor, and foundry.”
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