Thursday, June 30, 2011

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

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Reports from comments made to reporters whil e on a tripto Tokyo, the head of the Santw Clara company (NASDAQ:AMAT) said that the companies that suppl chipmaking equipment are finding it very difficult to mergw or do acquisitions. "That leaves very few avenues to give otherthan ... companies failing," the Reutera news service reportsSplinter said. Other problems hindering industry consolidation are wide differencews in the technologythey use, leaving little room for anything other than a shutdown of some companies, Splinter reportedly "The semiconductor equipment industry cannotf support the necessary level of R&fD without some amount of consolidation," Reuterz quoted Splinter as saying.
"Today there is too much repetition, too much waste in the A report on Monday indicatef that global chip sales posted their seconf consecutive monthof increases, up 6.4 percentt from March to April, but remain 25 percenr below sales from a year ago.

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