TECHNOLOGY - Feb. 9, 1994

Chip Business Increases: The Semiconductor Industry Assn.’s closely watched book-to-bill ratio for January jumped to 1.07, up from 1.04 in December. Over the last several years, the January ratio has been up from December’s. A book-to-bill ratio of 1.07 indicates that for every $100 in semiconductor shipments to the U.S. market, chip makers received $107 in new orders. A ratio above 1 indicates that the market is expanding. Bookings, based on a three-month moving average, were $2.456 billion, up 6% from $2.317 billion in December.