Semiconductors still weak from previous quarters

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Aron Schatz
Posted
December 19, 2002
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Even though the chip industry rose in sales, it is still much lower than in the first part of the year. Economic slowdown or what?

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Equipment billings, a measure of the value of equipment accepted by customers and booked as revenue, was $991 billion in November. That was down 1 percent from the adjusted October level of $1 billion and up 21 percent from the $817 million posted a year earlier, the San Jose, Calif.-based industry group said.

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