North American Semiconductor Equipment Industry Posts April 2016 Book-to-Bill Ratio of 1.10

SAN JOSE, Calif. — May 24, 2016 — North America-based manufacturers of semiconductor equipment posted $1.59 billion in orders worldwide in April 2016 (three-month average basis) and a book-to-bill ratio of 1.10, according to the April Equipment Market Data Subscription (EMDS) Book-to-Bill Report published today by SEMI. A book-to-bill of 1.10 means that $110 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 April 2016 was $1.59 billion. The bookings figure is 15.6 percent higher than the final March 2016 level of $1.38 billion, and is 1.3 percent higher than the April 2015 order level of $1.57 billion.

The three-month average of worldwide billings in April 2016 was $1.46 billion. The billings figure is 21.5 percent higher than the final March 2016 level of $1.20 billion, and is 4.0 percent lower than the April 2015 billings level of $1.52 billion.

"Bookings reached their highest levels in eight months and billings levels also significantly improved in April,” said Denny McGuirk, president and CEO of SEMI. "The data reflect strong investments in 3D NAND and in China."

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.

	Billings (3-mo. avg)	Bookings (3-mo. avg)	Book-to-Bill
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	$1,204.4	$1,262.0	1.05
March 2016 (final)	$1,197.6	$1,379.2	1.15
April 2016 (prelim)	$1,455.0	$1,594.6	1.10

Source: SEMI (www.semi.org), May 2016

The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.

The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves. The Book-to-Bill report is one of three reports included with the SEMI Equipment Market Data Subscription (EMDS).

SEMI® connects more than 1,900 member companies and more than a quarter-million professionals worldwide to advance the science and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, and services that enable smarter, faster, more powerful, and more affordable electronic products. Since 1970, SEMI has built connections that have helped our members grow more profitably, create new markets, and address common industry challenges together. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org