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Technology Stocks : Micron Only Forum

MU 237.16

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Dec 5 9:30 AM EST

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To: Zeev Hed who wrote (47714)	8/18/1999 1:50:00 PM
From: DJBEINO	Read Replies (1) of 53903

Winbond sees sharp second half growth TAIPEI, Aug 18 (Reuters) - Taiwan semiconductor maker Winbond Electronics said on Wednesday it expects a ''significant breakthrough'' in profits and sales in the second half of 1999 due to strong demand for DRAM chips. Winbond, one of Taiwan's leading makers of dynamic random access memory chips, said volatile DRAM prices have showed signs of stabilising from July. ''We expect the DRAM prices to remain stable in the third and fourth quarters,'' the firm said in a statement. ''Amid persistent recovery of the semiconductor industry as well as Winbond's improved technology and expanded production, we expect a significant breakthrough in second-half sales and profit,'' it said, without giving an exact forecast. It said Winbond's board meeting on Wednesday adopted the company's first-half financial statement, with net profit of T$660 million on sales of T$12.999 billion. Winbond's first-half earnings per share were T$0.23. Winbond said it would shift its DRAM production to 0.175 micron DRAMs from 0.2 micron from the end of 1999. biz.yahoo.com

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