Semiconductor equipment orders plunge

Orders for semiconductor manufacturing equipment from North American vendors plunged in September as signs of a sustained recovery in the semiconductor market remained elusive and chip makers held off on capital spending, according to industry organization Semiconductor Equipment and Materials International (SEMI).

The preliminary book-to-bill ratio for equipment orders from North American manufacturers fell to 0.84 in September from 1.02 in August, SEMI said.

The book-to-bill that SEMI tracks is a ratio of three-month moving average of bookings to three-month moving average billings for North American semiconductor equipment makers. A book-to-bill ratio of 0.84 in September means that US$84 worth of new orders were received for every $100 of sales billed that month.

The three-month moving average of bookings in September was US$822.6 million, down from $1.02 billion in August.

"The persistence of poor forward visibility continues to hamper the ability to forecast the timing of the next upcycle in capital spending," SEMI said in a statement.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments