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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Henry Eichorszt who wrote (31449)	7/15/1999 9:53:00 AM
From: Proud_Infidel	Respond to of 70976

From the CYMI thread: interactive.wsj.com Chip-Making-Equipment Industry Expects Growth of 3.5% in 1999 By a WALL STREET JOURNAL Staff Reporter SAN JOSE, Calif. -- Thanks to a recovery that started earlier this year, the semiconductor-making equipment industry is expected to grow 3.5% in 1999 to $15.14 billion. Driven by continuing demand for communications and computer chips, the growth is a welcome relief after industry revenue decreased 28% in 1998 to $14.63 billion. Clark Fuhs, an analyst at the market-research firm Dataquest, said the recovery in chip sales should help equipment makers sell more machines to chip makers in the coming months. In the year 2000, Dataquest forecasts the equipment industry will grow 26% to $19 billion as chip makers try to upgrade their equipment in the face of chip shortages. The forecast assumes healthy demand for electronic goods world-wide and that the worst of the Asian financial crisis has passed.