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North America-based semiconductor equipment manufacturers posted US$1.24 billion in orders in November 2013 (three-month average basis) and a book-to-bill ratio of 1.11, according to SEMI.
A book-to-bill of 1.11 means that US$111 worth of orders were received for every US$100 of product billed for the month.
The three-month average of worldwide bookings in November was US$1.24 billion. The bookings figure was 10.1% higher than the revised level of US$1.12 billion in October, and 72.3% above the US$718.6 million in orders posted in November 2012.
The three-month average of worldwide billings in November came to US$1.11 billion, up 4% from the revised level of US$1.07 billion in October, and 22.4% compared to the November 2012 billings level of US$910.1 million.
"The continuing rise in equipment bookings clearly points to year-end order activity that is substantially stronger compared to one year ago," said Denny McGuirk, president and CEO of SEMI. "This trend supports the current outlook showing a rebound in equipment spending for 2014."