NA semicon equipment industry posts Nov. 2013 book-to-bill ratio of 1.11

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $1.24 billion in orders worldwide in November 2013 (three-month average basis) and a book-to-bill ratio of 1.11, according to the November EMDS Book-to-Bill Report published SEMI.

A book-to-bill of 1.11 means that $111 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in November 2013 was $1.24 billion. The bookings figure is 10.1 percent higher than the final October 2013 level of $1.12 billion, and is 72.3 percent higher than the November 2012 order level of $718.6 million.

The three-month average of worldwide billings in November 2013 was $1.11 billion. The billings figure is 4.0 percent higher than the final October 2013 level of $1.07 billion, and is 22.4 percent higher than the November 2012 billings level of $910.1 million.

"The continuing rise in equipment bookings clearly points to year-end order activity that is substantially stronger compared to one year ago," said Denny McGuirk, president and CEO of SEMI. "This trend supports the current outlook showing a rebound in equipment spending for 2014."