N.A.Semiconductor Equipment Industry Posts March 2016 Book-to-Bill Ratio of 1.15

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North America-based manufacturers of semiconductor equipment posted $1.38 billion in orders worldwide in March 2016 (three-month average basis) and a book-to-bill ratio of 1.15, according to the March Equipment Market Data Subscription (EMDS) Book-to-Bill Report published today by SEMI.  A book-to-bill of 1.15 means that $115 worth of orders were received for every $100 of product billed for the month.

SEMI reports that the three-month average of worldwide bookings in March 2016 was $1.38 billion. The bookings figure is 9.4 percent higher than the final February 2016 level of $1.26 billion, and is 0.9 percent lower than the March 2015 order level of $1.39 billion.

The three-month average of worldwide billings in March 2016 was $1.20 billion. The billings figure is 0.5 percent lower than the final February 2016 level of $1.20 billion, and is 5.3 percent lower than the March 2015 billings level of $1.27 billion.

"Order activity remains steady and is on par with both the previous quarter and one year ago,” said Denny McGuirk, president and CEO of SEMI. “3D NAND and advanced logic are the key drivers for investments.”

The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.