SAN JOSE – North America-based manufacturers of semiconductor equipment posted $805.4 million in orders in November, down 29% year-over-year, and down about 4% sequentially, says SEMI.
 
The three-month average of worldwide billings was $807.3 million, down 42% year-over-year and 7% sequentially.
 
The book-to-bill ratio was 1.0, meaning $100 worth of orders was received for every $100 of product billed for the month.
 
“The book-to-bill ratio reached parity, as billings have declined sharper than bookings over the past six months,” said Stanley T. Myers, president and CEO of SEMI. “2008 is closing with expected declines on the year, which have been further exacerbated by the deepening seismic global economic situation over the past quarter.”