North American Semiconductor Equipment Industry Posts June 2008 Book-to-Bill Ratio of 0.85

North America-based manufacturers of semiconductor equipment posted $1.03 billion in orders in June 2008 (three-month average basis) and a book-to-bill ratio of 0.85 according to the June 2008 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.85 means that $85 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in June 2008 was $1.03 billion. The bookings figure is even with the final May 2008 level of $1.03 billion, and about 36 percent less than the $1.61 billion in orders posted in June 2007.

The three-month average of worldwide billings in June 2008 was $1.21 billion. The billings figure is about eight percent less than the final May 2008 level of $1.31 billion, and about 31 percent less than the June 2007 billings level of $1.77 billion.

"With a half year of data at hand, bookings for the North American equipment manufacturers are down 27% compared to the same period one year ago," said Daniel Tracy, senior director of Industry Research and Statistics at SEMI. "The industry awaits more clarity in the overall economic condition before increasing capital spending."

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           Bookings           Book-to-Bill
                     (Three-month avg.) (Three-month avg.)
January 2008         1,279.3            1,141.0            0.89
February 2008        1,310.8            1,205.4            0.92
March 2008           1,344.9            1,165.6            0.87
April 2008           1,337.3            1,090.3            0.82
May 2008  (final)    1,312.6            1,030.4            0.79
June 2008 (prelim.)  1,211.9            1,029.8            0.85

Source: SEMI July 2008

The data contained in this release was 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.

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Austin, Beijing, Brussels, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org.

Editors Note:

Next SEMI Book-to-Bill: August 19, 2008; 3:00 p.m. PDT

For information on SEAJ Book-to-Bill Report, visit www.seaj.or.jp