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TOKYO, May 1 Asia Pulse - Demand for chip-manufacturing equipment rebounded in March, due mainly to growing purchases by Taiwanese chip fabricators, according to a Semiconductor Equipment Association of Japan (SEAJ) report released Tuesday.
However, the business environment surrounding the industry remains bleak, with orders from Japanese chip makers shrinking.
Orders received by Japanese chip-production equipment makers grew 26.2 per cent year on year to 111.6 billion yen ($US866.34 million) in March, including export orders, for the first increase in 15 months.
The orders fell below their year-earlier level for the first time in January 2001, due to the collapse of the global IT boom.
In November of the same year, the year-on-year shrinkage in orders hit 85 per cent, floundering below the 50 billion-yen level since September.
In March of this year, orders ...
Source: HighBeam Research, DEMAND FOR CHIP-MAKING EQUIPMENT REBOUNDS IN MARCH:SEAJ.