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Japan-Update

Japan's Disco likely lifted profit 90% to record

Chipmaking equipment manufacturer benefits from booming demand in digital age

Disco's sawing and polishing equipment sold briskly on strong demand from chipmakers.

TOKYO -- Operating profit at Disco, a Japanese maker of semiconductor production machinery, likely soared 90% on the year to around 40 billion yen ($361 million) for the nine months through December, topping the 36.6 billion yen projection as brisk demand for chips spurred orders for the company's sawing and polishing equipment.

This marks a record profit for an April-December period, surpassing the previous high reached two years earlier. Sales apparently rose a little over 30% to about 126.5 billion yen.

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