TOKYO – Japan-based semiconductor equipment manufacturers posted ￥85.1 billion in orders in January on a three-month average basis, up a staggering 237.4% year-over-year, and 9.9% sequentially, says the Semiconductor Equipment Association of Japan.

Japanese manufacturers posted a book-to-bill of 1.36, says SEAJ. A ratio of 1.36 means ¥136 worth of orders was received for every ¥100 of product billed for the month. A ratio over 1.0 is considered a sign of a growing industry.

January billings were ¥62.5 billion, up 36.4% year-over-year, and up 4.9% sequentially.

US$1 = ¥90.205

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