SAN JOSE – The 90-day moving average of orders among North America-based manufacturers of semiconductor equipment was $668.7 million in December, SEMI reported.

Bookings were down 15% from the revised November level of $783.8 million, and down 42% from a year ago.

The December book-to-bill was 0.93, down from 0.97 in November and breaking a two-month rise. A book-to-bill of 0.93 means that $93 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide billings in December was $722.6 million, down 10% sequentially and 47% from December 2007

“Bookings continue to reflect the uncertainty in the economic environment, and are approaching levels last seen in early 2002,” said Dan Tracy, senior director of industry research and statistics at SEMI. “We expect bookings to remain at low levels until end-market demand for semiconductors picks up.”

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