WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.00

-0.4%

Nov 7 9:30 AM EST

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From: BeenRetired	2/20/2016 10:58:09 AM
	of 60323

"China has been ploughing tens of billions of dollars into...chip industry" China has been ploughing tens of billions of dollars into building a competitive chip industry in a bid to cut down on imports and support domestic demand. However, worries about demand in China, recently the fastest growing market for technology, has cast a shadow over the chip industry. Applied Materials' sales in China, its second-biggest market after Taiwan, rose 12.7 percent to $462 million in the first quarter ended Jan. 31. The company has been benefiting from higher demand for technology used to make 3D NAND memory chips, which can hold more data and are used in smartphones and solid-state drives. Applied Materials said it expects investment in NAND chips to rise 25 percent in 2016.

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