North American semiconductor manufacturing tool bookings continued to surge in March as suppliers maintained traction from the previous two quarters, according to trade association SEMI.
Makers of semiconductor equipment had $1.37 billion in orders worldwide in March—based on a three-month average basis—and a book-to-bill ratio of 1.10. A book-to-bill of 1.10 means that $110 worth of orders were received for every $100 of product billed for the month.
The booking figure for the preliminary numbers in March was 4.6% higher than the final total from February and 5.9% higher than the March 2014 order level, SEMI says.
Meanwhile, billings in March were $1.25 billion, down 2.4% from February but up 1.9% compared to March of last year, SEMI says.
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