North American semicon equipment industry posts June 2014 book-to-bill ratio of 1.09

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $1.47 billion in orders worldwide in June 2014 (three-month average basis) and a book-to-bill ratio of 1.09, according to the June EMDS Book-to-Bill Report published by SEMI.

A book-to-bill of 1.09 means that $109 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in June 2014 was $1.47 billion. The bookings figure is 4.3 percent higher than the final May 2014 level of $1.41 billion, and is 10.0 percent higher than the June 2013 order level of $1.33 billion.

The three-month average of worldwide billings in June 2014 was $1.34 billion. The billings figure is 4.8 percent lower than the final May 2014 level of $1.41 billion, and is 10.4 percent higher than the June 2013 billings level of $1.21 billion.

"Semiconductor equipment bookings are at the highest level since May 2012," said Denny McGuirk, president and CEO of SEMI. "The strength of the June bookings (three-month average) substantiate the outlook for strong double-digit sales growth this year."

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. Billings and bookings figures are in millions of U.S. dollars.