SAN FRANCISCO The ratio of bookings to billings by Japanese semiconductor equipment manufacturers slipped significantly in July, but still maintained a robust book-to-bill ratio of 1.30, the Semiconductor Equipment Association of Japan (SEAJ) said Friday (Aug. 18). The ratio was down from 1.52 in June.
Despite slipping in July, the book-to-bill ratio of Japanese equipment makers remains significantly higher than that of North American semiconductor equipment makers, which slipped to 1.06 in July, according to trade group Semiconductor Equipment and Materials International.
The three-month average of worldwide bookings by Japanese equipment makers in July was 172.9 billion yen (about $1.49 billion), down 1.4 percent from 175.4 bill yen (about $1.51 billion) in July, SEAJ said, but up 53.2 percent from 112.8 billion yen (about $974.3 million) in July 2005.
The three-month average of worldwide bookings by Japanese equipment makers in July was 133.5 billion yen, SEAJ said, up 16.1 percent from 115 billion yen (about $993.4 million) and up 27.5 percent from 104.7 billion yen (about $904.2 million) in July 2005.
A book-to-bill ratio of 1.30 means that $130 worth of equipment orders were booked for every $100 of product shipped. The SEAJ book-to-bill is a ratio of three-month moving average bookings to three-month moving average billings for the Japanese semiconductor equipment industry.