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


To: etchmeister who wrote (21092)11/29/2006 12:48:36 PM
From: niek  Read Replies (1) | Respond to of 25522
 
Japan Oct chip equipment orders +2.9 pct year/year

Wed Nov 29, 2006

TOKYO, Nov 29 (Reuters) - Orders for Japanese chip-making equipment rose in October year-on-year but the pace of growth slowed from the previous month in a sign that chip makers may be looking to rein in spending, an industry group said on Wednesday.

Orders rose 2.9 percent in October from the same month last year to 138.3 billion yen ($1.20 billion), the Semiconductor Equipment Association of Japan (SEAJ) said.

That was down from a 5-½ year high of 207.4 billion yen in September, when orders surged 54 percent year-on-year.

"The pace of orders is slowing following a heated first half," SEAJ spokesman Toshihisa Kuno said. "But chip demand is strong, and orders should pick up in February or March."

Orders translate into sales after three to six months.

Japan, the world's largest market for chip-producing tools, is home to such microchip equipment makers as Advantest Corp., Tokyo Electron Ltd., Disco Corp. and Dainippon Screen Manufacturing Co. Ltd..

Japanese suppliers of chip equipment also include Canon Inc., Nikon Corp. and Yokogawa Electric Corp..

Demand for chip-making gear remains firm as chip makers boost production to keep up with demand for electronic devices such as Apple Computer Inc.'s iPod and prepare for Microsoft Corp.'s launch of its new Windows Vista operating system.