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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 165.81+1.9%3:59 PM EST

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To: Duker who wrote (3750)12/20/1999 5:45:00 PM
From: Proud_Infidel   of 5867
 
Samsung to Construct IC Plant in Kyunggi Province
December 20, 1999 (SEOUL) -- Samsung Electronics Co., Ltd. will set up a chip production facility in Kyunggi Province.




The facility will have eight production lines, including those for 128Mb DRAMs, 256Mb DRAMs and rambus DRAMs.

Samsung said it plans to invest a total US$1.8 billion for one of the chip production lines, which will make 32,000 8-in. wafers a month. And US$2.5 billion will be invested in another production line, which will process 12-in. wafers at the end of 2001 or early 2002.

Already, Samsung has spent US$2.2 billion on its chip production facilities this year and it plans to inject another US$2.2 billion in 2000.

Related story:Samsung Electronics Likely to Enjoy Highest Sales Rise for Chips Worldwide

(Maeil Business Newspaper, Korea)
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