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Business

3-D memory swaying shares of chipmaking equipment makers

Japanese players with the right exposure leaving rivals in the dust

Some chipmaking equipment makers are faring better than others in the stock market.

TOKYO -- Even as Japanese producers of semiconductor-manufacturing equipment reap the benefits of stepped-up capital spending by customers, stock investors are homing in on those standing to gain the most from the rise of 3-D memory.

"We have no blind spots," Tokyo Seimitsu Chief Financial Officer Koichi Kawamura said Tuesday while announcing first-half results. The company now sees group net profit jumping 13% to 11.2 billion yen ($98.7 million) for the fiscal year ending March 2018, up from the previously forecast 1% rise to 10 billion yen.

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