Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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Jan 30 9:30 AM EST

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To: Gottfried who wrote (2526)	8/19/2002 8:31:25 AM
From: Proud_Infidel	Read Replies (1) of 25522

Japan revises chip equipment sales growth upwards Semiconductor Business News (08/19/02 05:12 a.m. EST) TOKYO -- The Semiconductor Equipment Association of Japan (SEAJ) has revised upwards its estimate for worldwide sales of Japanese-made semiconductor manufacturing equipment for the current fiscal year through March 2003, according to a report by Dow Jones Newswires. The report says that sales of Japanese-made chip making equipment should rise 6.1% year-on-year to about $7.9 billion and that the SEAJ is citing a recovery in orders from overseas chip makers amid an upturn in global chip demand for its new figures, in an announcement made Monday (August 19). This is up from its previous forecast made last December of about $6.5 billion for this fiscal year, according to the reports. Global orders for Japanese chip-making equipment also marked their fourth straight month of on-year rise in June, as semiconductor makers, particularly in Asia, increased capital spending after the record-setting on-year drop in chip demand in 2001. The 6.1% on-year sales growth estimated for this fiscal year follows a 51.0% plunge last fiscal year to Y883.4 billion, Dow Jones reported SEAJ as saying. This fiscal year's sales still represent a 48.1% decline from the record-high in fiscal 2000, when a global technology boom boosted demand for such key finished-products as personal computers and mobile phone handsets. Worldwide sales of Japanese-made liquid crystal panel manufacturing equipment this fiscal year are forecast to grow 19.2% from a year earlier to about $2.3 billion, due to brisk spending on next-generation production equipment in South Korea and Taiwan, according to the reports.

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