Memory markets to help drive sales for Applied Materials in 2007
While reporting that its fiscal first quarter 2007 (ended January 28, 2007) profits almost tripled from the same period one year previous, Applied Materials, the number-one semiconductor equipment maker, singled out the the memory market as a demand driver for 2007. Company president and chief executive officer (CEO) Mike Splinter indicated that Applied Materials expects the memory market to remain strong and balanced over the year with NAND flash growing in the second half of 2007.
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