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Technology Stocks : C-Cube

CUBE 36.89

-1.0%

Nov 12 3:59 PM EST

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To: BillyG who wrote (20193)	8/5/1997 6:54:00 AM
From: BillyG	of 50808

J Fieb -- info on medicine and video...................... 08-05-97 : Business News Briefs Large Firms to Enter Medical-Equipment Mart (Korea Herald) Large companies are advancing into the medical-equipment market, a sector traditionally dominated by small- and medium-size firms. Samsung Corp. and STC Corp. have already entered the sector, while LG Industrial Systems Co., Daewoo Corp., Byucksan Corp. and Korea's Fuji Photo Film Co. have recently begun market research, said industry sources and officials from the Ministry of Health and Welfare. LG Industrial Systems Co. is in the process of screening items for production, while LG EDS Systems Co. is preparing to start a video-medical equipment business, the sources said. Byucksan Corp. and Daewoo Corp. are now conducting market research, with an eye on developing X-ray equipment. Daewoo, which failed to conclude a contract with Toshiba on the sale of the Japanese company's products in the domestic market last year, is reportedly developing X-ray equipment on its own.

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