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Wafer fab equipment revenues down 9.6% in 2005

The wafer fab equipment industry is in the middle of an atypical downcycle. Wafer fab equipment revenue will decline 9.

The wafer fab equipment industry is in the middle of an atypical downcycle. Wafer fab equipment revenue will decline 9.6% in 2005, reflecting a much softer landing than in previous cycles. Memory was the market driver in the first half of 2005; technology will drive the market in the second half of 2005, Gartner says.