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Politics : Formerly About Applied Materials
AMAT 327.01+2.5%Jan 16 9:30 AM EST
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To: Gottfried who wrote (53420)9/29/2001 9:13:39 AM
From: Proud_Infidel  Read Replies (2) of 70976
 
Applied still checking out test suppliers
Semiconductor equipment giant Applied Materials Inc. is still reportedly evaluating a plan to step into the automatic test equipment (ATE) business. As reported at this summer's Semicon West trade show in San Jose, Applied has been checking out the businesses of several ATE makers.

But don't look for Applied to make any acquisition soon, especially given the current business conditions in the troubled test systems business, said one ATE veteran.

In fact, there are reports that some troubled ATE houses have not garnered a "real" order for equipment for about six months now. Many ATE companies are living on their service business--such as repairs, replacement parts, and training--making this a bad business opportunity for Applied, observed the ATE veteran. --M.L.
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