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Politics : Formerly About Applied Materials
AMAT 259.92-1.1%Dec 30 3:59 PM EST

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To: Proud_Infidel who wrote (33444)12/8/1999 6:54:00 AM
From: Tito L. Nisperos Jr.  Read Replies (2) of 70976
 
Applied Materials to Invest $500 Mln to Expand Diagnostics Unit in Israel

"Demand for computer chips is surging as use of cell phones, navigation systems and other devices increases. As the technology on the chips gets smaller, the demand for equipment to make sure they are flawless increases. " ''We see this as a multi-billion dollar market,'' Morgan said of the diagnostics industry. The company's goal is to increase its share of the market to 45 percent from 14 percent, he said."

For details: ---

quote.bloomberg.com
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