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S&P Analysis Foresees Semiconductor Turnaround

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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 article

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    Published: February 2003
    industrialNews & Features

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