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

To: StanX Long who wrote (63124)	4/23/2002 11:34:34 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Fairchild begins hiring to increase fab capacity after bookings jump 28% Semiconductor Business News (04/23/02 17:27 p.m. EST) siliconstrategies.com SOUTH PORTLAND, Maine--Fairchild Semiconductor International Inc. today said first-quarter bookings were at their highest levels since Q4 of 2000. The increase in orders pushed bookings higher by 28% from the prior quarter and drove the company's book-to-bill over 1.3 for the Q1 period. "The step up in bookings we saw in the second half of the quarter was a pleasant surprise and drove us to increase our guidance at the end of February," said Kirk Pond, president, CEO, and chairman of Fairchild. "We're extremely encouraged to see such broad-based demand at this early point in the industry recovery." Fairchild's sales grew sequentially by 4% to $336.9 million in the first quarter from $324.6 million in Q4 of 2001. Sales were 13% below $367.8 million in the first quarter last year.