Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Computer Sale Woes

MOUNTAIN VIEW, California -- Worldwide shipments of equipment used to make computer chips fell 21 percent last year due to the Asian slowdown and an oversupply of smaller wafers and a delay in making the transition to larger wafers.

"The totals for 1998 confirm what we knew and felt all year. 1998 was a tough year," said Stanley Myers, president of Semiconductor Equipment and Materials International.

SEMI represents the businesses that manufacture the equipment used to make computer chips. Although the products of the semiconductor equipment market are somewhat obscure, they are crucial to supplying key products for the information age.

SEMI reported that last year semiconductor equipment shipments totaled $21.8 billion, down from $27.6 billion in sales posted in 1997.