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Technology Stocks : Micron Only Forum

MU 201.37

-10.9%

3:59 PM EST

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To: Knighty Tin who wrote (46947)	7/6/1999 11:57:00 AM
From: phbolton	Read Replies (1) of 53903

As reforms proceed, Korean chip makers appear to be putting their money where their core business is. Samsung Electronics, the world's largest DRAM maker, said in early June it would boost spending on 256-Mbit DRAM production by 50 percent this year. Samsung's investment in production facilities is expected to top $3 billion in 1999 as its prepares for mass-production of next-generation DRAMs in 2001. Still, overcapacity remains a problem as exports to the rest of Asia, the United States and Europe slow. Byrne, the investment analyst, said Japanese and Chinese demand for Korean goods is lacking and that U.S. and European demand is "as good as it gets" for Korea. financialweb.com

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