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Canon ups scanner forecast in Q3 results

Posted by iTech - 2005-10-28

SAN JOSE, Calif. — Canon Inc.’s semiconductor-equipment unit reported sales of 77.2 billion yen ($683 million) in the third quarter, down 17.3 percent from the like period a year ago.

Citing a slowdown in lithography-tool shipments, the unit also posted a profit of 9.2 billion yen ($82 million) in the period, down 9.8 percent from a year ago.

Japan’s Canon shipped 51 scanners in the third quarter, including 28 for semiconductor applications and 23 for flat-panel displays. This beat its previous forecast for 42 scanners, including 23 for semiconductor fabs and 19 for LCDs.

In the like period a year ago, Canon shipped 74 scanners.

For the full year, Canon raised its forecast for unit shipments. Previously, it planned to ship 236 scanners, including 125 for semiconductor fabs and 111 for LCDs. Now it plans to ship 243 units, including 133 for semiconductor fabs and 110 for LCDs.

In the like period a year ago, Canon shipped 237 scanners.

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