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Krewell thinks that the one-quarter surge may indicate a manufacturing problem on the higher-end lines for 12-inch wafers.
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End-forming indicates a manufacturing operation through which a tube is deformed at one end, so as to allow the connection of several units to form long pipelines, used for the transport of fluids such as waste-water.
While the gauge continued to indicate a contraction in manufacturing, the upward movement was seen as a possible sign that manufacturing was beginning to pull out of its earlier slump.
While consumer confidence plunged in the latter half of last year, the ISM Survey of the manufacturing sector is only mildly negative at 47.7 (any reading below 50 indicates a contracting manufacturing sector).
A control chart can be used to indicate whether a manufacturing process is under control.
Wall Street had expected 47, a reading that would indicate a contraction of the manufacturing sector.
Surveys of purchasing managers by Markit, a research firm, indicate a continued expansion in manufacturing in both rich and emerging economies.
We did so in order to determine whether the absence of hybridization signals for some microarray spots was due to the absence of any DNA there, which would indicate a defect in the manufacturing of the microarray at those spots.
The purchasing managers' index was 56.5 in October, above the 50 mark that indicates an expanding manufacturing sector.
The release last Thursday of preliminary manufacturing data for May, which surprisingly indicated a contraction in manufacturing activity, was just one more in a series of weak data points.
The purchasing managers' indices in many emerging markets have fallen below 50, indicating a contraction in manufacturing (see chart 2).The second challenge posed by the weaker yen is the potential deflationary effect.
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