LEDs function by driving electrons across a junction between two semiconductor materials in which electrons move at different energy levels.
The company said semiconductor materials segment revenue was down from a year ago due to lower prices, but slightly higher sequentially due to higher volume.
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The company said it will cut its global workforce by about 20%, or 1, 300 jobs worldwide. 41% of the jobs are in the semiconductor materials segment and 47% are in the solar materials segment.
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More uninspiring numbers are due out this week from the trade group Semiconductor Equipment and Materials International (SEMI) concerning second-quarter demand for semiconductor wafers.
Everyone from Intel to National Semiconductor to Applied Materials has announced weaker earnings, soft sales and layoffs.
Semiconductor equipment stocks like Applied Materials have boomed while The Streets semiconductor analysts worry over whether personal computer sales are about to peak.
Shares of the semiconductor equipment giant Applied Materials are trading modestly lower after hours Wednesday on disappointing guidance for its fiscal fourth quarter ending in October.
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Gurus focused most of their selling fury on technology stocks, starting off in the chip sector by cashing out of semiconductor equipment company Applied Materials and integrated circuit maker Linear Technology.
Gurus focused most of their selling fury on technology stocks, starting off in the chip sector by cashing out of semiconductor equipment company Applied Materials (nasdaq: AMAT - news - people ) and integrated circuit maker Linear Technology (nasdaq: LLTC - news - people ).
Take a look at Motorola, National Semiconductor, TSMC, Applied Materials, Williams Communications and others in chips and telecom.
Applied Materials, the semiconductor manufacturer, added 300 new layoffs to the 2, 000 it had previously announced.
TSMC's revenue growth will, sooner or later, lead to higher costs as well, because in the semiconductor business sales, raw materials and capital equipment are all priced in dollars.
Forbes has tracked 625, 806 layoffs since Nov. 1, 2008, at America's 500 largest companies, including recent cuts at Sprint Nextel, the videogame developer Electronic Arts and Applied Materials, a semiconductor equipment company.
The news follows some ominous comments on the near-term outlook from several players in the semiconductor equipment business, including Applied Materials.
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Dedio: The companies that buy their equipment are the big semiconductor capital equipment companies like Applied Materials and Novellus Systems.
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He thinks the extra spending from Intel could boost 2011 EPS by 8 cents a share each this year for Novellus and KLA. He also sees noteworthy profit boosts for Varian Semiconductor (VSEA), Applied Materials (AMAT) and Lam Research (LRCX).
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Applied Materials is the largest supplier of semiconductor fabricating equipment in the world.
The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets.
Applied Materials sees a bright future for the semiconductor industry.
With global semiconductor sales logging their first annual drop since 2001, Applied Materials said Monday it would post a quarterly loss because of reduced demand.
Applied Materials shares are trading slightly higher after hours Thursday following the semiconductor financial report for the fiscal first quarter ended October 28.
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Applied Materials' customers include Samsung Group, ASM International, Chartered Semiconductor Manufacturing, Elpida Memory, Inotera Memories, Photronics, Powerchip Semiconductor and Semiconductor Manufacturing International, according to Revere Data.
Applied Materials shares are trading modestly higher after hours Wednesday after the semiconductor equipment supplier reported slightly better-than-expected results for its fiscal first quarter ended January 27.
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These include Yuri Suzuki, a materials scientist at the University of California, Berkeley, who is building stacks of metal oxides in the hopes that, when combined with carbon-based materials, they'll blend into a new kind of semiconductor that can control spin at normal temperatures.
Now, as chief executive of Applied Materials, the biggest pick-and-shovel maker for the semiconductor and flat-panel display industries, Splinter, 56, wants to forge a sunny-side-up version of Moore's Law.
On Wednesday Applied Materials Chief Executive Michael Splinter said he sees a recovery in the semiconductor market due to demand for tablet computers, according to TradeTheNews.com, and holds a very positive outlook for the next 18 months.
The material is an organic photovoltaic semiconductor (called rr-P3HT) which, unlike the metal or silicon-based materials used until now for such biotechnological interfaces, is soft, light, flexible and highly biocompatible and naturally sensitive to visible light.
Although the maker of semiconductor manufacturing equipment originally guided for quarterly results between breakeven and 4 cents a share, Applied Materials said the original forecast didn't account for charges, which weren't known at the time.
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