Monday, February 14, 2011

Applied Materials CEO sees chip gear firms dying - Silicon Valley / San Jose Business Journal:

http://icscontrolplus.com/articles/getagrip.php
Reports from comments made to reporterds while on a tripto Tokyo, the head of the Sant Clara company (NASDAQ:AMAT) said that the companies that supplhy chipmaking equipment are finding it very difficult to mergew or do acquisitions. "That leaves very few avenues togive consolidation, othee than ... companies failing," the Reuters news serviced reportsSplinter said. Other problems hinderingb industry consolidation are wide differences in the technologhthey use, leaving little room for anything other than a shutdowjn of some companies, Splinter reportedly "The semiconductor equipment industry cannot supporrt the necessary level of R&D without some amounty of consolidation," Reuters quoted Splinter as saying.
"Today therde is too much repetition, too much waste in the A report on Monday indicated that globa chip sales posted their second consecutivd monthof increases, up 6.4 percent from Marcn to April, but remain 25 percenrt below sales from a year ago.

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