Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (22170)	1/15/2002 7:34:40 PM
From: Sully-	Respond to of 99280

Japanese-Made Chip Equipment Orders Plunge 86% in November By Minoru Matsutani Tokyo, Jan. 16 (Bloomberg) -- Orders for Japanese-made equipment used to produce microchips fell for an 11th month in November, further evidence chipmakers are curbing investment, an industry group said. Worldwide orders plummeted 86 percent to 24.5 billion yen ($187 million) in November from the same month a year earlier, the Semiconductor Equipment Association of Japan said. Demand for equipment such as machines that print circuitry onto chips is sagging as chipmakers reduce production capacity. Fewer orders means revenue may continue to fall at chip-equipment makers such as Tokyo Electron Ltd., Nikon Corp. and Advantest Corp. Sales tend to lag orders by about half a year. Orders marked their biggest percentage drop since the association began releasing the statistics in 1993. The decline in November orders also reflects spending cuts by companies such as Toshiba Corp., the second-largest chipmaker, and Samsung Electronics Co., the biggest computer-memory-chip maker. Chipmakers, with the exception of Intel Corp., are paring spending and cutting capacity. Sales of chipmaking equipment produced in Japan fell 71 percent for a seventh month to 41 billion yen from a year earlier. The following tables show orders and sales for Japanese-made chipmaking equipment and percentage changes from the same month a year earlier: Month Orders in billions of yen Percentage change April 2000 171.5 113.9 May 187.1 111.1 June 228.8 140.0 July 193.8 85.5 August 196.7 118.2 September 177.7 28.8 October 180.8 50.4 November 169.9 21.8 December 171.6 28.4 January 2001 117.7 -15.9 February 79.0 -49.2 March 88.5 -48.1 April 70.5 -58.9 May 75.2 -59.8 June 57.9 -74.7 July 54.5 -71.9 August 52.1 -73.5 September 43.3 -75.6 October 33.8 -81.3 November 24.5 -85.6 Month Sales in billions of yen Percentage change April 2000 89.5 124.6 May 115.6 114.9 June 147.4 79.7 July 125.3 83.4 August 136.9 73.4 September 207.9 58.9 October 130.2 93.7 November 139.8 60.1 December 173.7 54.3 January 2001 143.0 63.1 February 152.3 25.7 March 243.0 21.2 April 95.2 6.4 May 92.7 -19.8 June 107.7 -26.9 July 86.0 -31.4 August 72.8 -46.8 September 112.9 -45.7 October 30.3 -76.7 November 40.9 -70.8 quote.bloomberg.com