Article: Semiconductor equipment market tweaking growth in 2003.(Market Watch)

The worldwide semiconductor equipment market has begun its much anticipated--albeit small--recovery in 2003, according to the report The Global Market for Equipment and Materials for IC Manufacturing, recently published by market research company The Information Network (New Tripoli, PA, www.theinformationnet.com).

According to the company, growth in 2003 will be only 3.8%, due largely to the poor performance of the lithography sector, which makes up 26% of the total equipment market. The under-investment in technology in 2001 and 2002 has begun to reverse itself and will return to normal levels in 2004.

The report shows that year-on-year growth of 11.6% ...

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