Fabless funding on the rise in 2004

The total amount, $1.2 billion, and the number of deals, 90, in the first half of 2004 also increased over previous years. The FSA forecasts that the fabless industry is on pace to raise the largest amount since 2001, when $1.4 billion in funding was generated in the first half.

(ELECTRONIC NEWS, July 28, 2004) Fremont, Calif.&#8212Asyst Technologies Inc., supplier of semiconductor manufacturing equipment, announced that its vice president and CFO David White will step down. The company states that the move is not in response to Asyst’s lower-than-forecasted revenues for the first quarter (Q1) of 2004.

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