Circuits Assembly Online Magazine - Semi Equipment Demand Continues Spike

SAN JOSE — North America-based semiconductor equipment manufacturers reported the 90-day moving average orders rose 13.1% worldwide in May.

The 90-day average worldwide bookings in May was $1.75 billion, up 9.6% from the revised April level.

Bookings hit their highest mark since August 2010.

Billings were up 2.6% year-over-year and 9.6% from April to $1.6 billion. Billings last topped $1.6 billion in June 2011.

The book-to-bill ratio was flat at 1.09, but well above the 1.0 mark indicating future growth. A book-to-bill of 1.09 means that $109 worth of orders were received for every $100 of product billed for the month.

Billings (3-mo. avg)	Bookings (3-mo. avg)	Book-to-Bill
December 2015	$1,349.9	$1,343.5	1.00
January 2016	$1,221.2	$1,310.9	1.07
February 2016	$1,204.4	$1,262.0	1.05
March 2016	$1,197.6	$1,379.2	1.15
April 2016 (final)	$1,460.2	$1,595.4	1.09
May 2016 (prelim)	$1,601.1	$1,749.3	1.09