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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST

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To: Fabeyes who wrote (36709)7/30/1998 11:12:00 PM
From: DJBEINO   of 53903
 
Hitachi, NEC Join South Koreans In Cutting Back DRAM Production
Jack Robertson

Two Japanese chip makers are joining Samsung and Hyundai in temporarily shutting down DRAM fabs this summer in hopes of trimming the massive oversupply that's driving down prices. Hitachi Ltd. has confirmed that it is closing its main Naka fab for nine days. And NEC Corp. reportedly is planning to close an unspecified number of fabs for one week.

Copyright r 1998 CMP Media Inc.
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