BRIEF-Applied Materials expects less investment by foundry customers in 2013 than 2012

SAN FRANCISCO Thu Nov 15, 2012 5:02pm EST

SAN FRANCISCO Nov 15 (Reuters) - Applied Materials Inc : * CEO says expects healthy investment by foundry customers in 2013, but lower

level than 2012 * CEO says sees 2013 wafer fab equipment investment down 5-15 percent from

2012, to range of $26 billion to $30 billion * CEO says will take additional steps to reduce cost structure in solar

business

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