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HITACHI INVESTMENT IN SEMICONDUCTOR CAPITAL EQUIPMENT TO RISE 17%

Hitachi Ltd says that its investment in semiconductor capital equipment will rise 17% to $245m this year compared with last year as part of a 20% increase in overall investment to almost $700m: the company also says that sales of components and telecommunications equipment in its fiscal first half rose to 40% of its total business from 37% in the same period last year, representing growth of 6%; exports at Hitachi however sank 12% from last year, representing 28% of the total.

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CBR Staff Writer

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