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Applied Materials (AMAT) CEO Dickerson Eyes Smartphone Display Innovation

NEW YORK (TheStreet) -- Applied Materials (AMAT) is on a roll after posting third quarter earnings per share of $0.46 on Thursday, a 70% year-over-year increase from the third quarter of 2015. The semiconductor and flat panel display materials supplier also reported quarterly net sales of $2.82 billion, a 13% year-over-year increase from a year ago.

CEO Gary Dickerson appeared on CNBC's "Squawk Alley" Friday to discuss his company's long-term outlook with the network's Jon Fortt.

"The technology world...