Applied warns of possible cut to revenues
By Chris Nuttallin San Francisco
Published: November 16 2006 02:00 | Last updated: November 16 2006 02:00
Applied Materials, the biggest maker of equipment for the semiconductor industry, yesterday warned that chipmakers, as well as its flat-panel display customers, had adopted a more cautious approach to investments in their factories in the current quarter.
This "modest pull-back" would mean orders andrevenues probably falling between 5 per cent and 10 per cent, it said, with orders for display equipment down by $200m on the previous quarter.
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