TECHNOLOGY - Dec. 9, 1993
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From Times Staff and Wire Reports
Semiconductor Orders Decline: The Semiconductor Industry Assn.’s closely watched book-to-bill ratio for November fell below 1 in October for the first time in two years, dropping to 0.99. The last time it slipped below 1 was in October, 1991, when it was 0.96. A book-to-bill ratio of 0.99 indicates that for every $100 in shipments to the United States, chip makers got $99 worth of new orders. A ratio of less than 1 indicates the market is shrinking.
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