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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (3373)	6/19/1998 10:16:00 AM
From: DJBEINO	of 9582

Sony plans 90 pct cut in SRAM chips - media report TOKYO, June 19 (Reuters) - Sony Corp plans a 90 percent output reduction in static random access memory (SRAM) chips this business year by halting production at a U.S. plant in Texas, Japan's Kyodo news agency reported on Friday. Kyodo quoted a Sony official as saying the move was aimed at spurring a shift in its chip business away from low-priced products to more value-added ones. A spokesman for the Japanese electronics giant said he could not immediately confirm the report. In 1997/98, Sony produced five million SRAM chips a month, mostly low-priced chips used for cellular phones, video games and personal computers, Kyodo said. Sony has SRAM production plants in Texas and Nagasaki, southern Japan, it said. biz.yahoo.com

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