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May 3, 1994

APPLIED MATERIALS EXPECT BUSINESS IN JAPAN TO PICK UP

By CBR Staff Writer

Applied Materials Inc expects business in Japan to start picking up once the new fiscal year begins there, chairman James Morgan told the conference: about 25% of the company’s business is done in Japan, 15% in Europe, 20% in Asia and 40% in the US; Applied manufactures wafer processing equipment for companies that make semiconductor chips; Morgan said that the outlook for the high-temperature chip market was positive despite a slow start and also that the new Omega project has been well received, and that the company expects to ramp up production in the later part of 1994 and (early) 1995; it began shipping the system late last year.

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