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Politics : Formerly About Applied Materials

AMAT 322.34

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Jan 23 3:59 PM EST

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To: Cary Salsberg who wrote (46453)	5/9/2001 12:17:26 AM
From: advocatedevil	Read Replies (1) of 70976

Kulicke & Soffa sees H2 industry rebound Wednesday May 9, 12:06 am Eastern Time SINGAPORE, May 9 (Reuters) - Kulicke & Soffa Industries Inc, which provides equipment and material for microchip production, told Reuters on Wednesday it sees a partial recovery in the semiconductor industry in the second half of the year. ``We do not see any fundamental reason for it to recover so soon (by the second quarter). We are running the company on more pessimistic assumptions,'' chief executive officer Scott Kulicke said on the sidelines of an industry conference. Kulicke said the materials market ``will probably rebound in the second half but the equipment lags that by several quarters due to excess capacity and excess inventory in the electronics supply chain system''. The U.S. firm also expects a mild rebound in revenues in the fourth quarter. biz.yahoo.com AdvocateDevil

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