North American Semiconductor Equipment Industry Posts June 2016 Book-to-Bill Ratio of 1.00

 [FairNews]= North America-based manufacturers of semiconductor equipment posted $1.71 billion in orders worldwide in June 2016 (three-month average basis) and a book-to-bill ratio of 1.00, according to the June Equipment Market Data Subscription (EMDS) Book-to-Bill Report published today by SEMI.  A book-to-bill of 1.00 means that $100 worth of orders were received for every $100 of product billed for the month.

SEMI reports that the three-month average of worldwide bookings in June 2016 was $1.71 billion. The bookings figure is 2.1 percent lower than the final May 2016 level of $1.75 billion, and is 12.9 percent higher than the June 2015 order level of $1.52 billion.

The three-month average of worldwide billings in June 2016 was $1.71 billion. The billings figure is 7.0 percent higher than the final May 2016 level of $1.60 billion, and is 10.2 percent higher than the June 2015 billings level of $1.55 billion.

"Although order activity slowed for the most recent month," said Denny McGuirk, president and CEO of SEMI. "Billings activity for equipment companies based in North America are at their highest level since February 2011."

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