WRAPUP 2-Japan tech firms signal no recovery yet

miércoles 28 de octubre de 2009 12:41 CET

* Fujitsu Q2 oper profit down 42 pct vs consensus 46 pct fall

* Retains annual outlook - still above market forecast

* NEC Elec sees bigger annual oper loss, more than mkt fcast

* Demand still a big worry for sector - analysts

* Taiwan's UMC sees weaker Q4 wafer shipments

(Recasts lead, adds UMC results, fund manager comment)

By Mayumi Negishi and Mariko Katsumura

TOKYO, Oct 28 (Reuters) - Results from Japanese technology groups such as Fujitsu (6702.T: Cotización) and NEC Electronics (6723.T: Cotización) indicated the worst is not yet over for the struggling sector as the sector grapples with sluggish demand.

NEC Electronics (6723.T: Cotización), Fujitsu's rival in high end chips, expects a slowdown in chip output, while Taiwan's UMC (2303.TW: Cotización), the world's No.2 contract chip maker, forecast weaker wafer shipments in the fourth quarter.   Continuación...