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Technology Stocks : Micron Only Forum

MU 246.95

+4.1%

Dec 8 3:59 PM EST

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To: DJBEINO who wrote (27861)	2/5/1998 8:45:00 PM
From: DJBEINO	of 53903

Mitsubishi Looks to Revise Semiconductor Division Strategy Mitsubishi Electric <TOKYO:6503>, which has seen increasing consolidated losses, is looking to revise its semiconductor division strategies. The division is a major influence on the company's poor results. First, the company will be cut facility and equipment reinvestment for the division by over 40%. Second, the company plans to increase the royalty income from supplying technology to Texas Instruments for Mitsubishi's internally developed DRAM technology. Third, the company will postpone development of its 64 bit MPUs and shift to develop 32bit MPUs instead.

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