TECHNOLOGY - Sept. 10, 1993
From Times Staff and Wire Reports
Semiconductor Market Shows Continued Growth: The industry’s “book-to-bill” ratio for the U.S. market was 1.07 in August, according to preliminary figures released by the Semiconductor Industry Assn. August was the 22nd consecutive month the ratio has been above 1.0, the longest such string since 1980. A ratio above 1.0 indicates the market is expanding. A book-to-bill ratio of 1.07 means that for every $100 worth of products shipped (billed), manufacturers received $107 worth of new orders (bookings). August bookings in the U.S. market were $2.237 billion, down 2.3% from July’s $2.289 billion. Billings were $2.095 billion, up 2.5% from $2.044 billion in July.
