| Semi Tool OEMs' Orders Off in December |
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| Written by Mike Buetow | |||
| Friday, 18 January 2008 05:09 | |||
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SAN JOSE – North American-based semiconductor equipment manufacturers saw orders slip 18% year-over-year in December, the SEMI trade group said today. For the month, manufacturers posted $1.23 billion in orders, up 9% over November. The book-to-bill ratio was 0.89, meaning that for every $89 worth of orders were received for every $100 worth of product billed during the month. A ratio greater than 1.0 is considered a sign of an expanding market. Averaged over three months, billings were flat with revised November figures and down 7% from December 2006. For the year, North American equipment makers saw a 2% growth in global billings. In a press release, Stanley T. Myers, president and CEO of SEMI, said, "Most recent booking levels are 18% below one year ago, and reflect the general expectation that capital expenditures will be about 10% lower in 2008."
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| Last Updated on Friday, 18 January 2008 05:51 |
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