Semiconductor and Semi-Equipment Analysts - Their Calls Message Board

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Technology Stocks : Semiconductor and Semi-Equipment Analysts - Their Calls

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To: FJB who wrote (42)	6/8/1999 9:08:00 AM
From: FJB	Read Replies (2) of 195

Scottish fab is core of NEC's DRAM strategy Vote of confidence given to Livingston fab; 'key plant for NEC'. David Manners NEC's president has delivered a vote of confidence in its Scottish DRAM factory. "Livingston is one of the core plants of our DRAM strategy," said Kouji Nishigaki, NEC's president, in Tokyo last week. NEC's strategy, said Nishigaki, is to remain one of the world's top four players in DRAM. The others are Micron Technology, LG-Hyundai and Samsung. As well as at Livingston, NEC has two other core plants to implement its DRAM strategy - at Kyushu and Hiroshima in Japan. This year NEC will invest ¥46bn ($350m) in its DRAM activity: ¥28bn in Kyushu, ¥13bn in Hiroshima and ¥5.5bn in Livingston. Reports that the company will split investment of ¥40bn between Hiroshima and Livingston were denied by the company. NEC also corrected reports that it intended to increase 64Mbit production from its current level of 10m a month to 30m next year. In fact, the company intends to reduce 64Mbit production to 8m a month by March while increasing the production of 128Mbit DRAMs from its current 1m a month to 4m a month in March 2000. "Our Scottish plant is a key plant in that strategy, it has a very good track record and is very highly rated within the company. We are upgrading its process technology this year", said a Tokyo company spokesman. That will come as a relief to the Livingston employees after the closure of Fujitsu's DRAM factory at Durham and the mothballing of Siemens' DRAM plant on Tyneside. It will be particularly welcome after three years of depressed prices in the DRAM business and a further market collapse last month which saw the price of 64Mbits drop to $6. While other Japanese DRAM makers - Toshiba, Hitachi, Fujitsu, Mitsubishi and Matsushita - are reducing their exposure to dependence on commodity DRAM, NEC is unique in Japan in remaining in the game. electronicsweekly.co.uk

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