SAN JOSE – The 90-day moving average order for North American-based manufacturers of semiconductor equipment was $1.5 billion in October, up 37% year-over-year but down 9% sequentially, according to the SEMI trade group.

The book-to-bill ratio was 0.95, meaning $95 worth of orders were received for every $100 of product billed for the month.

The three-month average worldwide billings was $1.57 billion, off 6% from revised September figures and up 37 % over October 2005.

In a statement, SEMI president and CEO Stanley T. Myers said, "Orders for semiconductor equipment have declined from the peak levels posted in June, though they are significantly higher than levels reported one year ago. There has been a gradual decline over the past three months, as the industry absorbs new capacity.”

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.

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