Orders for Japanese semiconductor-making equipment fell in October, logging the eighth straight month of decline as chip makers reined in spending, an industry group said.

Orders fell 10.9 percent from the same month last year to 123.174 billion yen ($1.12 billion), with a fall in orders for wafer processing equipment outweighing a rise in tester orders, the Semiconductor Equipment Association of Japan said.

Orders have dropped from a spending spree last year by makers of dynamic random access memory, while computer processor makers such as Intel Corp and Advanced Micro Devices Inc, have yet to pick up the slack.

Orders generally translate into sales after one to six months.

Japan, the world's largest market for chip-producing tools, is home to such microchip equipment makers as Advantest Corp, Tokyo Electron Ltd, Disco Corp and Dainippon Screen Manufacturing Co Ltd.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved