Suppliers of the equipment used to make semiconductors, such as Applied Materials and LAM Research, who produce in the United States but are heavily dependent on sales to Asia, saw their share prices plummet in the wake of the Asian financial crisis. Explain.© BrainMass Inc. brainmass.com August 17, 2018, 1:19 am ad1c9bdddf
ANSWER. These companies had their costs denominated in dollars and a large portion of their revenues originating in Asia, particularly ...
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