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


To: StanX Long who wrote (60798)2/21/2002 2:08:16 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Credence's Q4 sales falls 6.5% over Q3 amid ATE downturn

By Mark LaPedus
Semiconductor Business News
(02/20/02 17:05 p.m. EST)

siliconstrategies.com

FREMONT, Calif. -- After a tough year in its automatic test equipment (ATE) business, Credence Systems Corp. here today announced plans to jumpstart its business by rolling out a slew of new products in 2002, including its code-named "Cougar" tester.

The "Cougar" line of ATE--which will be sold under the Octet brand name--is a new low-cost, mix-signal platform geared for testing system-on-a-chip (SOC) and other complex ICs, said Graham Siddall, chairman and chief executive of Credence, based in Fremont.

"Bringing out Octet is our major priority this year," Siddall said in a conference call with analysts today. Targeted to lower the cost of test, the "Cougar" or Octet tester will not be formally announced until the first half of this year, the company implied.



To: StanX Long who wrote (60798)2/21/2002 1:09:11 PM
From: Math Junkie  Respond to of 70976
 
"Based on a three-month average, bookings for North American-based tool suppliers were at their lowest point since nearly the middle of the 1990s"

It's odd that they're doing a three-month average of a three-month average. Still, it's hard to get excited over bookings, given that the month-over-month growth dropped from 6.7% to 1.3%.