Applied Posts Strong Q3 Results Driven By Display And Silicon System Segments

Leading semiconductor equipment manufacturer, Applied Materials reported its Q3’16 earnings on August 18th. (Fiscal years end with October.) The company saw an uptick in its display and silicon system sales in the quarter. Further, we might well expect these segments to continue to drive growth for Applied going ahead. This comes from the fact that the company witnessed strong surge in the orders in this quarter. Applied booked orders worth $3.7 billion in Q3, which is highest in any given quarter in the last 15 years.

from Forbes – Tech http://ift.tt/2b9PXE5
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