Semi Equipment Bookings 208 Percent Above Last Year's Cyclical Low Point.North America-based manufacturers of semiconductor equipment posted a September 1999 Book-to-Bill ratio Book-to-Bill Ratio The technology industry's demand-to-supply ratio for orders on a "firm's book" to number of orders filled. Notes: This ratio tells whether the company has more orders than it can deliver (if greater than 1), has the same amount of orders that it can of 1.08, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. figures released Friday by Semiconductor Equipment and Materials International Semiconductor Equipment and Materials International (SEMI) is a trade organization of manufacturers of equipment and materials used in the fabrication of semiconductor devices such as integrated circuits, transistors, diodes, and thyristors. (SEMI). A book-to-bill of 1.08 means $108 in orders were received for each $100 worth of products shipped. The three-month average of worldwide shipments in September was $1.37 billion. The figure is three percent below the August 1999 level, yet is 62 percent above the September 1998 shipments level of $846 million. The three-month average of bookings in September 1999 was $1.48 billion, four percent below August, but 208 percent above the cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. low point of $481 million posted in September 1998. "Taiwan is currently a market for 17 percent of the world's equipment business. The earthquake there undoubtedly contributed to the pause reflected in September's figures," says Stanley Myers, president of SEMI. |
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