LPL - Applied Materials' Display Segment In Light Of 10.5G LCD Factory Cancellations
My October 24, 2018, Seeking Alpha article entitled "Applied Materials In Crosshairs As Semiconductor Revenues Drop And 10.5G Display Factories Are Cancelled," which detailed Applied Materials' (AMAT) semiconductor woes, offered a preview of this article that will discuss AMAT's Display segment headwinds.
As a background, Applied Materials makes several types of equipment for displays, entered around deposition technology, which was initially acquired in 2000 when the company purchased AKT of Japan. The display industry is largely made up of LCDs and OLEDs, and AMAT focuses on two parts of the production process:
1.