February 21, 2008 18:00 ET

North American Semiconductor Equipment Industry Posts January 2008 Book-to-Bill Ratio of 0.89

SAN JOSE, CA--(Marketwire - February 21, 2008) - North America-based manufacturers of semiconductor equipment posted $1.12 billion in orders in January 2008 (three-month average basis) and a book-to-bill ratio of 0.89 according to the January 2008 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.89 means that $89 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in January 2008 was $1.12 billion. The bookings figure is about three percent less than the final December 2007 level of $1.16 billion and 22 percent less than the $1.45 billion in orders posted in January 2007.

The three-month average of worldwide billings in January 2008 was $1.27 billion. The billings figure is about seven percent less than the final December 2007 level of $1.36 billion and about twelve percent less than the January 2007 billings level of $1.45 billion.

"Orders remain below levels reported in early 2007 and are consistent with the reduction in capital spending announced by many device manufacturers," said Stanley T. Myers, president and CEO of SEMI. "While new capacity will be added this year, the industry appears cautious about new investments in the near term."

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

                        Billings            Bookings           Book-to-Bill
                       (Three-month avg.)  (Three-month avg.)
August 2007             1,682.3             1,371.2            0.82
September 2007          1,557.4             1,235.0            0.79
October 2007            1,477.5             1,176.9            0.80
November 2007           1,383.2             1,130.7            0.82
December 2007 (final)   1,361.7             1,156.3            0.85
January 2008 (prelim.)  1,268.9             1,123.8            0.89

Source: SEMI February 2008

The data contained in this release was compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.

The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North America-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves.

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit

Editors Note:

The February 2008 SEMI Book-to-Bill Report is scheduled for publication on March 18, 2008; 3:00 p.m. PDT (subject to change).

Independently from SEMI, The Semiconductor Equipment Association of Japan (SEAJ) releases its July Book-to-Bill Report on approximately the same date. The SEAJ Book-to-Bill Report tracks billings and bookings worldwide of Japanese-headquartered semiconductor equipment manufacturers. For more information on the SEAJ data, visit

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