NEW YORK, Feb. 20 -- Worldwide semiconductor equipment sales will grow 5 to 10 percent in 2003, a turnaround from the 2001-2002 back-to-back drops of 41 percent and 33 percent, according to an analysis of Standard & Poor's Industry Survey on Semiconductor Equipment. Richard Tortoriello, semiconductor equipment equity analyst and author of the survey, attributed the predicted recovery to increased spending by memory chip makers on next-generation 300 mm wafer fabs, which he says will enable significant cost savings over 200 mm fabs; to restructuring of semiconductor businesses by large...Read full articleRelated content from Photonics MediaArticlesFemtosecond Laser Integrates Optics in Single Glass Substrate for Easy ManufactureThe short, regular pulses of femtosecond lasers are put to effective use in numerous applications, including laser surgery, micromachining, microscopy, and spectroscopy. 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