SAN JOSE – North America-based manufacturers of semiconductor equipment posted a 90-day-moving average of $790.5 million in orders in November and a book-to-bill ratio of 1.06, according to a report published today by SEMI.

A book-to-bill of 1.06 means that $106 worth of orders was received for every $100 of product billed for the month. A ratio over 1.0 is considered an sign of future expansion.

For the month, bookings were up 4.5% from the revised October level of $756.3 million, and nearly 1% higher than the $783.8 million in orders posted in 2008.

The three-month average of worldwide billings was $743.7 million, up 7.1% from the final October level of $694.1 million, and down 8% from last November.

“After a slight flattening of bookings in October, both bookings and billings growth remained relatively slow but steady into November," said Stanley T. Myers, president and CEO of SEMI. “This trend reinforces our view of an improving spending forecast as the industry heads into 2010.”

The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures are in millions of U.S. dollars.

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