The US Semiconductor Industry Association is continuing to mark the recovery of the US chip industry with March bookings up 10.5% on the year ago figure – but the record volume of orders combined with the strong increase in shipments caused the book to-bill ratio to dip slightly to 1.08. March orders on a three month moving average were up 3.4% on the February figure to $1,528m. March shipments on the same basis rose 6.5% to $1,417m on the February figure. Actual semiconductor ships in the US market in March were $1,654m up 26.2% on the February figure. February’s preliminary ratio of 1.12 has been revised down and is now finalised at 1.11.
