North American semi equipment industry posts book-to-bill ratio of 1.15

A book-to-bill of 1.15 means that USD 115 worth of orders were received for every USD 100 of product billed for the month. SEMI reports that the three-month average of worldwide bookings in March 2016 was USD 1.38 billion. The bookings figure is 9.4 percent higher than the final February 2016 level of USD 1.26 billion, and is 0.9 percent lower than the March 2015 order level of USD 1.39 billion. The three-month average of worldwide billings in March 2016 was USD 1.20 billion. The billings figure is 0.5 percent lower than the final February 2016 level of USD 1.20 billion, and is 5.3 percent lower than the March 2015 billings level of USD 1.27 billion. "Order activity remains steady and is on par with both the previous quarter and one year ago,” said Denny McGuirk, president and CEO of SEMI. “3D NAND and advanced logic are the key drivers for investments.”

	Billings (3-mo. avg)	Bookings (3-mo. avg)	Book-to-Bill
October 2015	$1,358.6	$1,325.6	0.98
November 2015	$1,288.3	$1,236.6	0.96
December 2015	$1,349.9	$1,343.5	1.00
January 2016	$1,221.2	$1,310.9	1.07
February 2016 (final)	$1,204.4	$1,262.0	1.05
March 2016 (prelim)	$1,198.5	$1,380.5	1.15