North American Semiconductor Equipment Industry Posts May 2016 Book-to-Bill Ratio of 1.09

SAN JOSE, Calif. — June 16, 2016 — North America-based manufacturers of semiconductor equipment posted $1.75 billion in orders worldwide in May 2016 (three-month average basis) and a book-to-bill ratio of 1.09, according to the May Equipment Market Data Subscription (EMDS) Book-to-Bill Report published today by SEMI. A book-to-bill of 1.09 means that $109 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 May 2016 was $1.75 billion. The bookings figure is 9.6 percent higher than the final April 2016 level of $1.60 billion, and is 13.1 percent higher than the May 2015 order level of $1.55 billion.

The three-month average of worldwide billings in May 2016 was $1.60 billion. The billings figure is 9.6 percent higher than the final April 2016 level of $1.46 billion, and is 2.8 percent higher than the May 2015 billings level of $1.56 billion.

"Bookings and billings for new semiconductor equipment continue to improve,” said Denny McGuirk, president and CEO of SEMI. "The data are consistent with higher spending expectations for the second half of the year."

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
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	$1,197.6	$1,379.2	1.15
April 2016 (final)	$1,460.2	$1,595.4	1.09
May 2016 (prelim)	$1,601.1	$1,749.3	1.09

Source: SEMI (www.semi.org), June 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 its members grow, 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.