The North American semiconductor equipment industry posted a September book-to-bill ratio of 0.76, representing a significant decline month over month and year over year, according to data from SEMI.

By Suzanne Deffree, Managing Editor, News — Electronic News, 10/17/2008

North America-based manufacturers of semiconductor equipment posted $754 million in orders in September 2008 and a book-to-bill ratio of 0.76, according to the September book-to-bill report published by SEMI this week.

The book-to-bill of 0.76 means that $76 worth of orders were received for every $100 of product billed for the month and representing a significant decline month over month and year over year.August’s book-to-bill ratio was 0.81, while September 2007 recorded a book-to-bill ratio of 0.81. (See below chart.)

“The continued decline in capex spending is accompanied by a major global economic downturn that may have a significant impact on overall consumer electronics spending,” said Stanley T Myers (pictured), president and CEO of SEMI, in a statement Thursday. “Clearly, concern over these larger economic issues is restraining any immediate capacity investment plans.”

According to SEMI’s data, the three-month average of worldwide bookings in September was $754 million, 13% less than August’s $867 million and 39% less than the $1.24 billion in orders posted in September 2007.

The three-month average of worldwide billings in September 2008 was $990 million, SEMI further reported. The billings figure is 7% less than August’s $1.06 billion and about 36% less than the September 2007 billings level of $1.56 billion. 

SEMI April – Spetember North American semiconductor equipment industry data
(billing and bookings three-month averages)

  Billings Bookings Book-to-bill
April 1,337.3 1,090.3 0.82
May 1,313 1,029.3 0.78
June 1,159.8 934.2 0.81
July 1,077.2 889 0.83
August 1,064.5 866.8 0.81
Spetember 990 753.6 0.76


Source: SEMI, October 2008