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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders
LRCX 159.74+1.0%Dec 3 3:59 PM EST

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To: Thomas J Pittman who wrote (3215)8/5/1999 9:27:00 PM
From: Proud_Infidel  Read Replies (2) of 5867
 
UMC to upgrade Nippon Foundry fab, double output by year's end
A service of Semiconductor Business News, CMP Media Inc.
Story 7 p.m. EST/4 p.m., PST, 8/5/99

HSINCHU, Taiwan -- Silicon foundry supplier United Microelectronics Corp. here plans to spend more than $200 million to upgrade the wafer fab it acquired in Japan last year from Nippon Steel Semiconductor Corp., according to UMC President H.J. Wu.

The investment is part of expansion plans announced recently. At that time UMC president Wu said UMC is installing quarter-micron processing at the 8-inch fab in Chiba, Japan, which will be used to service logic and memory foundry customers. UMC has renamed its Japan operation Nippon Foundry Inc.

UMC said it hopes to double chip output from Nippon Foundry fab by the end of the year.

The Nippon Foundry investment is part of $1 billion budgeted in 1999 by UMC for capital spending in all of its fabs.

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