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Chipmaking gear sales drop 37.4 percent

TOKYO-Worldwide sales of chipmaking gear dropped 37.4 percent in November from a month earlier to $1.27 billion, according to the Semiconductor Equipment and Materials International.

The claim contradicts some signals that a rebound is in the offing.

On a cheerful note, the November report signifies a 29.6-percent improvement from the same month in 2001.

The data shows that North American orders remained the same, although Japan suffered a 20.2-percent drop.

The Semiconductor Equipment Association of Japan, however, reports that it expects a 17.3-percent sales rise in the next business year that begins in April.

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