Semiconductor Market Indicator Rises: The semiconductor industry’s...
Semiconductor Market Indicator Rises: The semiconductor industry’s book-to-bill ratio increased dramatically in February, fueled by a considerable upturn in semiconductor orders. The market indicator surged from 0.96 in January to 1.09 in February, the largest month-to-month gain since March, 1983. The ratio means that for every $100 of product shipped by semiconductor firms, they received $109 in orders. February bookings, orders based on a three-month moving average, were $1.271 billion, up 14.9% from January’s $1.107 billion.
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