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SEMI's North American equipment b-to-b ratio stays low
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Silicon Strategies


SAN JOSE, Calif. -- North American-based manufacturers of semiconductor equipment posted $779 million in orders in November 2002 and a book-to-bill ratio of 0.79, according to industry organization Semiconductor Equipment and Materials International (SEMI). This is flat with a book-to-bill ratio of 0.78 recorded for October 2002 and contrasts with the strongly rising worldwide equipment book-to-bill ratio for November recently published by VLSI Research Inc. (see December 18 story).

SEMI's billings and bookings for a given month are calculated as moving three monthly averages.

The three-month average of worldwide bookings in November 2002 was $779 million. The bookings figure is slightly above the revised October 2002 level of $775 million and 32% above the $589 million in orders posted in November 2001, SEMI said.

The three-month average of worldwide billings in November 2002 was $991 million. The billings figure is 1% below the revised October 2002 level of $1.0 billion and 21% above the November 2001 billings level of $817 million, SEMI said.

"The current booking levels, down from highs earlier in the year, reflect the uncertainty facing the semiconductor industry as the New Year approaches, although the overall mood in the industry is that conditions will improve in 2003," said Stanley Myers, president and chief executive officer of SEMI, in a statement. "Following two years of severe contraction, the industry consensus is that the worldwide capital equipment market will grow 15% in 2003."






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