Give away medical masks when you place an order. learn more
The semiconductor equipment book-to-bill dropped in October as the number of new orders fell.New orders and shipments of semiconductor equipment declined in October compared to September, according to trade association SEMI.
The three-month average of worldwide bookings in October 2012 was $743.2 million, down 18.6 percent from September when orders totaled $912.8 million. The October 2012 figure was also 19.8 percent lower than October 2011 when orders amounted to $926.8 million.
The three-month average of worldwide billings (shipments) in October 2012 was $986.5 million, down 15.3 percent from September when shipments were $1.16 billion.
The billings figure was also 21.6 percent less than September 2011 when revenue totaled $1.26 billion, SEMI reported.
“Semiconductor industry investments remain muted as the industry enters the fourth quarter,” said Denny McGuirk, president and CEO of SEMI. He said that investments in leading-edge technologies will continue to drive spending in the near-term. There will be a clearer picture of the 2013 outlook over the next several months when chip companies announce their plans for capital expenditures, according to McGuirk.
The SEMI book-to-bill ratio was 0.75 in October, down from 0.78 in September. A book-to-bill of 0.75 means that equipment manufacturers received $75 in new orders for every $100 of orders that they shipped in the month.