N.American semicon equipment makers post April 2016 Book-to-Bill Ratio of 1.10, says SEMI

N.American semicon equipment makers post April 2016 Book-to-Bill Ratio of 1.10, says SEMI
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KUALA LUMPUR (May 24): North America-based manufacturers of semiconductor equipment posted US$1.59 billion in orders worldwide in April 2016 (three-month average basis) and a book-to-bill ratio of 1.10, according to the Semiconductor Equipment and Materials International (SEMI).

A book-to-bill of 1.10 means that US$110 worth of orders were received for every US$100 of product billed for the month.

In a statetement on its website on May 24, SEMI said the bookings figure was 15.6% higher than the final March 2016 level of US$1.38 billion, and is 1.3% higher than the April 2015 order level of US$1.57 billion.

SEMI president and CEO Denny McGuirk said bookings reached their highest levels in eight months and billings levels also significantly improved in April.

"The data reflect strong investments in 3D NAND and in China,” he said.