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To: blake_paterson who wrote (70247)	4/15/2001 9:55:26 PM
From: Don Green	Respond to of 93625

Chipmakers Cut Equipment Orders By 34.5% In Feb Monday, April 16, 2001 TOKYO (Nikkei)--Japanese chipmakers slashed orders for semiconductor manufacturing equipment, including foreign-made machinery, by 34.5% year on year in February as part of a strategy to reduce capital investment, according to the Semiconductor Equipment Association of Japan. It was the first decline since December 1998. Orders stood at 42.80 billion yen, with the figure for steppers and other wafer-processing equipment plunging 38.2% to 24.67 billion yen. In January, total order value jumped 41.8%. Domestic makers of chipmaking machines saw orders, including those from abroad, tumble 49.2% to 79.02 billion yen, following a 15.9% fall in January. Orders for testing equipment, which had posted a relatively modest decline the month before, were down 35.3%. Hiroshi Oura, president of major chiptesting equipment firm Advantest Corp. (6857), attributes the poor showing mainly to Taiwanese chip foundries, which have been scaling down purchases since January in an effort to cut capital expenditure. Equipment makers such as Nikon Corp. (7731) and Canon Inc. (7751) are already lowering their sales projections for the current business year as many customers have canceled orders or asked for deliveries to be postponed. (The Nihon Keizai Shimbun Monday morning edition)