| German IC Sales Dropped in May |
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| Written by Mike Buetow | |||
| Monday, 16 June 2008 06:39 | |||
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FRANKFURT -- May semiconductor sales in Germany were down 19% year-on-year, the Electronics Industry Association (ZVEI) said.
In April and March, sales were down 16% year-on-year, respectively, ZVEI said. The preliminary book-to-bill ratio in May was 1.01, up from 0.94 in April. The ratio is calculated by the value of orders divided by the value of shipments. A ratio of 1.01 means that for every $100 worth of semiconductors shipped, $101 worth of semiconductors were ordered. A ratio above 1.0 is considered a sign of expansion.
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