Splinter has guided Applied through big transitions and a new giant merger with Tokyo Electron.
Industry fell just shy of $300 billion goal
The larger high-tech industry employs 6 million people.
The chip industry grew a scant 0.4 percent in 2011, but that was enough to push it to a record $299.5 billion for the year. That wasn’t a bad performance given a weak global economy and disasters in Japan and Thailand.