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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (4329)2/3/2005 3:10:16 PM
From: RealMuLan  Read Replies (1) of 6370
 
Chip equipment investing to drop in China
Purchasing staff
Purchasing February 3, 2005



It's no secret that China has been trying to develop its own semiconductor industry. Front-end semiconductor equipment purchases grew a whopping 146% to $2.83 billion in 2004. However, with semiconductor demand easing this year, so will chip equipment purchases in China.

Robert Castellano, president of research firm, The Information Network, says that as a result of cuts in capital spending by major semiconductor companies in China, chip equipment sales will drop 33.6% to $1.88 billion.

purchasing.com
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