Final tally of ww semi manufacturing equipment spending: 46

Fri Apr 09, 2010 4:30 am   

"In the past two years, the semiconductor industry responded to increasingly bad economic news by rapidly stopping all but essential spending in an attempt to preserve cash in uncertain economic times," said Dean Freeman, research VP for Gartner Inc.'s semiconductor manufacturing research group. As such, worldwide spending for semiconductor capital equipment totaled $16.6 billion last year, 45.8% below 2008.

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