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

To: Proud_Infidel who wrote (33014)	11/1/1999 9:06:00 PM
From: Henry Eichorszt	Respond to of 70976

TSMC Sees Orders Rising From Motorola Next Year, CT Reports Taipei, Nov. 2 (Bloomberg) -- Motorola Inc. will increase its orders to Taiwan Semiconductor Manufacturing Co., the world's No. 1 chips contract maker, the Commercial Times reported quoting TSMC Chairman Morris Chang. Chang's comment follows market talks yesterday that the world's No. 2 cellular-phone maker will ask TSMC to make one million eight-inch equivalent wafers next year that can bring in as much as NT$50 billion ($1.6 billion) in sales, the paper said. Chang declined to give an amount, except to say that the one million wafers figures are too high. TSMC said last week that it expects sales to jump to NT$300 billion in 2005 from about NT$80 billion this year, including sales at two unlisted units. (Commercial Times p.1 11/2/99) Nov/01/1999 20:45 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.

To: Proud_Infidel who wrote (33014)	11/2/1999 7:55:00 AM
From: Jeffrey D	Respond to of 70976

APPLIED MATERIALS COMPLETES ACQUISITION OF REMAINING INTEREST in Flat Panel Display Venture Business Editors/High-Tech Writers SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 2, 1999--Applied Materials, Inc. today announced that it has completed its purchase of Komatsu Ltd.'s 50 percent share in Applied Komatsu Technology, Inc., a leading supplier of CVD (chemical vapor deposition) systems used to produce Flat Panel Displays (FPDs). Applied Materials' FPD equipment business will be conducted under the name AKT, an Applied Materials company, and will continue to focus on supplying CVD systems for the FPD market. Under the terms of the transaction, Applied Materials paid $87 million in cash for the remaining 50 percent of the outstanding shares of AKT not currently owned by Applied Materials. The acquisition will be accounted for as a purchase business combination. As originally announced on September 28, 1999, the acquisition by Applied Materials of Komatsu's interest in AKT will not have a material effect on Applied Materials' balance sheet or ongoing net income for the fiscal year 1999. Non-recurring items, including in-process research & development expense, resulting from this transaction will not have an adverse effect on Applied Materials' net income for the fourth fiscal quarter of 1999. Applied Materials expects to announce its earnings for the fiscal year ended October 31, 1999 on November 17, 1999. This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: the ability of Applied Materials to effectively integrate the operations of AKT, and the ability of Applied Materials and AKT to leverage capabilities and capitalize on their strengths to better serve customers. Applied Materials assumes no obligation to update the information in this press release. Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of wafer fabrication systems and services to the global semiconductor industry. Applied Materials is traded on the Nasdaq National Market System under the symbol "AMAT." Applied Materials' web site is www.appliedmaterials.com.

To: Proud_Infidel who wrote (33014)	11/2/1999 8:07:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 70976

ST Microelectronics sees YEARS of chip industry growth. Jeff << STMicroelectronics Shares Rise After it Predicts Years of Industry Growth By Daniel Tilles STMicroelectronics Shares Rise on Improving Industry Outlook Paris, Nov. 2 (Bloomberg) -- STMicroelectronics NV shares rose as much as 10 percent after Europe's second-biggest chipmaker said last week it sees years of industry growth. The shares rose as much as 8.3 euros to 91.8 euros ($96.73) in Paris. The shares were the leading gainer on the benchmark CAC 40 Index. The chip industry will experience a sustained period of growth, ST's chief economist Jean-Philippe Dauvin told analysts Friday in New York. Chip prices should remain firm or rise, especially for ``flash memory' designs that retain stored data even when power is shut off on devices such as mobile phones. ``They're saying the upturn will last at least two years,' said Karsten Iltgen, an analyst with WestLB Panmure in Dusseldorf, Germany, who rates the shares ``buy,' with a price target of 95 euros. ``They also don't see any significant add-ons in industry capacity, which should help prices.' The company is also developing new applications for a design that combines the functions of several chips on one, a ``system- on-a-chip' strategy, Iltgen said. ``They seem to be at the forefront in this development,' he said. The new applications will ``complement another chip design used for set-top boxes called Omega. They want to develop other applications such as mobile phones.' ST also said the industry would grow next year by 25 percent, up from an earlier forecast of 22 percent, French bank BNP said, citing Dauvin. BNP rates ST's shares ``outperform.' Analysts also pointed to a report saying that ST and Telia AB, the Swedish state phone company, announced the development of a new generation of silicon chips. The chips are designed for full motion video capability over regular phone lines at speeds up to 1,000 times faster than conventional modems, the Financial Times reported, citing ST vice president of advanced system technology, Andrea Cuomo. ST and Telia are now working to have the new technology, called ``Zipper VDSL,' adopted as the world standard, thus superseding ADSL, currently the favoured high-speed Internet access technology, the Financial Times reported. Last month, ST said third-quarter profit rose 33 percent to $135.3 million, boosted by demand for more powerful chips from makers of mobile phones, car stereos and palmtop computers. >>