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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: etchmeister who wrote (20837)	10/11/2006 8:11:16 AM
From: Proud_Infidel	Respond to of 25522

UPDATE 1-Tokyo Electron July-Sept orders down 3.8 pct qtr/qtr Wed Oct 11, 2006 4:07am ET (Adds comment, details) TOKYO, Oct 11 (Reuters) - Tokyo Electron Ltd. (8035.T: Quote, NEWS, Research) said on Wednesday its chip and liquid crystal display-making equipment orders in the July-September quarter fell 3.8 percent from the previous quarter's record high to about 207 billion yen ($1.73 billion). Tokyo Electron, the world's second-largest supplier of tools used to make microchips behind Applied Materials Inc. (AMAT.O: Quote, Profile, Research), said strong demand for NAND flash and DRAM memory chips kept orders from falling sharply from the April-June quarter's peak of 215.2 billion yen. "We expect demand for chip-making equipment to remain strong in October-December," Tokyo Electron spokeswoman Miyako Nemoto said. "But panel makers may pull back and adjust LCD production." Orders for chip-making equipment were worth about 180 billion yen, while orders for display-making equipment were about 27 billion yen, Tokyo Electron said. The preliminary figures are closely watched as a measure of future chip demand. Prior to the announcement, shares of Tokyo Electron closed down 2.3 percent at 9,250 yen, compared with the Tokyo stock market's electrical machinery index (.IELEC.T: Quote, NEWS, Research), which slipped 0.04 percent.