Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

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Nov 26 3:59 PM EST

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To: Paul V. who wrote (8630)	10/16/1997 10:17:00 AM
From: Darin	of 70976

To All, Japan's IC equipment sales pick up, says Applied's subsidiary president By Jack Robertson NARITA, Japan - Applied Materials Japan will still top $1 billion in sales in the country this year, even though the dollar value represents a 15% decline from 1996 business, said Yoichi Akasaka, company president, in an interview with Semiconductor Business News. If calculated in yen, estimated 1997 sales for the Japanese subsidiary would show a slight increase, he said in the interview this week. The 20% exchange value loss of the yen accounted for the dollar-based revenue drop. Akasaka said Japanese chip makers have begun making capital equipment purchases this summer. In the first six months of 1997, virtually all semiconductor firms in the country cut back or held up capital investments in face of the plunging global DRAM prices, he added. The Applied Materials executive believed Japanese firms then realized that they must get back on track with capital investments if they wanted to compete with the South Korean and Taiwan competitors, who have continued to invest heavily in new plant and equipment.

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