SEMI Figures Suggest A High-Tech Upturn

Jan. 13, 2005
By Doug Bartholomew Although it's not an infallible barometer, the Semiconductor Equipment and Materials International's (SEMI) monthly book-to-bill ratio generally serves as an indicator of things to come in the computer business. And right now, it's ...
ByDoug Bartholomew Although it's not an infallible barometer, the Semiconductor Equipment and Materials International's (SEMI) monthly book-to-bill ratio generally serves as an indicator of things to come in the computer business. And right now, it's cautiously pointing to a turnaround. Released May 16, the SEMI's book-to-bill ratio, a measure of dollar amount of new orders received versus dollar amount of product billed, has been on the upswing for five months straight. The April 2002 book-to-bill ratio was 1.20, which is considered fairly bullish. Even so, the actual dollar amount of billings for April, $822 million, was 50% below the level of bookings for the same month a year ago, which was $1.65 billion. "While the jump in April's numbers likely reflect an end-of-quarter uptick in bookings, the fact that we have seen bookings improve for five consecutive months is a promising sign that the market for semiconductor equipment is beginning to recover from the downturn of 2001," says Stanley Myers, president and CEO of SEMI, based in San Jose, Calif. "Recent announcements by leading foundries of increased capital spending plans for 2002 are another sign of a brightening market outlook." The SEMI book-to-bill is a ratio of three-month moving average bookings to three-month moving average billings for the North American semiconductor equipment industry.

Popular Sponsored Recommendations

Onsite Wind Generation Guide for C&I

Jan. 22, 2024
This document offers insights into using onsite wind power for businesses, covering feasibility, project development, technology selection, and benefits of renewable energy.

Decarbonizing Your Supply Chain: Striving for Net Zero

Feb. 12, 2024
Manufacturers face mounting pressure to decarbonize operations and supply chains. Meeting regulatory goals demands bold action and transparency. Collaboration with suppliers offers...

Capitalize on Energy Flexibility with These Four Strategies

Feb. 4, 2024
Energy flexibility – the ability to temporarily reduce or shift energy use – can unlock revenue, lower energy costs, and more. Learn how to capitalize on energy flexibility with...

Sprint Implementation for Digital Transformation

Feb. 1, 2024
Discover a revolutionary approach to digital transformation. Uncover the flaws in current methods that cause 70% project failure rate. Learn how sprint implementation can maximize...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!