Our team has done a great job. They're working hard on a global basis to be a world-class company, and we have made a lot of investments in information age projects, ... For example, we spent about $150 million to upgrade our telecommunications and upgrade our information and business processes. So, we see productivity improvements will help us and we see a lot of companies making that kind of investment. |
Semiconductor manufacturers remain cautious but continue to invest in advanced technologies, as they balance their need to develop the most advanced process capabilities with the uncertainties in the global economy and the impact of near-term weakness in chip demand, |
Since the beginning of January, a number of our customers have been revising the timing of their capital spending and rescheduling or canceling existing backlog, resulting in the postponement in delivery of equipment, ... Therefore, we expect orders and revenue to be below our original targets. |
Since the beginning of January, a number of our customers have been revising the timing of their capital spending and rescheduling or canceling existing backlog, resulting in the postponement in delivery of equipment. Therefore, we expect orders and revenue to be below our original targets. |
Strong global demand for semiconductors is driving our customers to increase and accelerate their year 2000 capital spending for expanded capacity and more advanced technologies, ... We expect increasing demand for semiconductors to continue throughout 2000, driven by the growth of applications in telecommunications Internet-related and consumer products. |
The continued weakness in DRAM (dynamic random access memory) prices, driven by excess capacity, combined with recent financing difficulties in Asia, are causing many of our DRAM customers to reevaluate their capital spending plans, |
The emerging industry transition to 300 mm wafer processing, combined with continued growth of 200 mm applications, provides a tremendous opportunity for Applied Materials to supply technologies that will enable our customers to deliver on the promise of the Information Age, |
The Ethics Board believes that statutes should prohibit this activity. In fact, the Ethics Board has previously endorsed legislation to that effect. |
The industry outlook continues to be positive, ... There are significant capital investment requirements in 0.18 micron capacity for Internet, communications and digital devices. |
The semiconductor industry continues to show signs of improvement in a healthier global economic environment. As the market for computing, consumer communications and Internet-related products continues to grow, we believe Applied Materials, with our technology leadership and global infrastructure, will have an excellent opportunity to capitalize on this growth. |
The underlying trend for our industry over the next decade should be very strong, ... What we've seen over the past couple of quarters is that the bookings have been picking up and the [trends] taking place in our industry should bode well for the growth of the industry. |
This downturn is, in my recollection, the steepest and the sharpest cutback in equipment spending we've seen, ... I believe we're now in the bottom of this cycle, and are waiting for the tipping point to recover. |
Uncertainty in the economy is dampening the ramp in our industry and caused our orders to be lower than expected, |
Uncertainty in the economy is dampening the ramp in our industry and caused our orders to be lower than expected. |
Unfortunately, the continuing downturn requires us to make some tough decisions to align our operations with current levels of demand for semiconductor equipment, |