|
Semi Gear Orders Down 39% YoY |
|
|
|
Written by Mike Buetow
|
|
Friday, 17 October 2008 |
|
SAN JOSE -- North American manufacturers of semiconductor equipment booked $754 million in orders in
September 2008 on a three-month average basis, down 13% from revised August figures and off 39% year-over-year.
The book-to-bill ratio was 0.76, meaning $76 worth of orders were received for every $100
of product billed for the month, SEMI said.
The three-month average worldwide billings for the month, was $990 million, down 7% from August and 36% from September 2007.
"The continued decline in capex spending is
accompanied by a major global economic downturn that may have a
significant impact on overall consumer electronics spending," said
Stanley T. Myers, president and CEO of SEMI, in a press release. "Clearly, concern over
these larger economic issues is restraining any immediate capacity
investment plans."
|
News