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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST
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To: Bharat H. Barai who wrote (47644)8/13/1999 9:10:00 AM
From: hui zhou  Read Replies (1) of 53903
 
Japanese electronics giant Hitachi Ltd <6501.T> said on Friday it plans to boost its monthly output of advanced 256-megabit dynamic random-access memory chips (DRAMs) to 1.4 million units by next March from just 30,000 units now.

Part of the increased output will come from the company's plant in Singapore, where Hitachi plans to start producing the next-generation chips in the latter half of this business year ending next March, a company spokesman said.

The 256-megabit DRAMs are currently produced only at its domestic plant.

Hitachi will meanwhile reduce its monthly output of mainstay 64-megabit DRAMs to seven million units by next March from the current level of eight million units.

At present, about half of its 64-megabit DRAMs are produced in Singapore and Hitachi plans to increase that ratio to two-thirds by next March, the spokesman said.

Hitachi said it does not plan to make an additional investment in the Singapore plant beyond the 40 billion yen originally planned for next year.

Earlier this year, Hitachi assumed control of its chip production joint venture in Singapore, Hitachi Nippon Steel Semiconductor Pte Ltd, after Nippon Steel Corp <5401.T> converted its 35 percent stake in the firm to non-voting shares.

Hitachi then unveiled a broad alliance pact with NEC Corp <6701.T> in June, including a possible joint venture to develop new DRAM chips. The move was aimed at sharing the hefty costs of developing new DRAMs. [Reuters]
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