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

To: Math Junkie who wrote (20468)	6/16/1998 10:12:00 PM
From: Ramsey Su	Respond to of 70976

TOKYO (Nikkei)-Japanese makers of microchip manufacturing equipment saw total orders, domestic and overseas, decline 42.1% year on year to 66,696 million yen in April, the fifth consecutive month of annual decline, the Semiconductor Equipment Association of Japan (SEAJ) reported Tuesday. Demand from domestic chipmakers as well as from South Korean manufacturers remained sluggish, while demand from U.S. and Taiwanese producers slowed, the industry body said. Orders will likely remain at low levels for now, as many Japanese chip-makers are planning to curtail capital investment in fiscal 1998, according to SEAJ. Total orders in the Japanese market, including imports, fell 41.9% to 41,429 million yen in April, representing the fourth straight month of a 40% or larger decline. Sales in Japan, however, rose 10.2% to 42,041 million yen. (The Nihon Keizai Shimbun Wednesday morning edition)