Applied Materials Withdraws Second Quarter of Fiscal 2020 Business Outlook
Specifically, while the company’s global operations network is designed to provide significant flexibility and redundancy, various governmental orders in the
Applied is navigating these challenges with strong customer relationships and from a position of financial strength and technology leadership. We are maintaining our focus on enabling the powerful, long-term trends that we expect to drive future growth in the electronics industry. We remain committed to the proposed acquisition of
As we manage our business during this dynamic situation, our first priority is the health and safety of our employees and their families, as well as those of our customers, suppliers, partners and the communities where we operate. We are actively managing the situation in close collaboration with our customers and suppliers and are supporting them to the best of our ability. In addition,
This press release contains forward-looking statements, including those regarding our business outlook for the second quarter of fiscal 2020 and beyond, the potential impacts of COVID-19, future prospects for the business and the industry, the proposed acquisition of
Source: Applied Materials, Inc.