Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 228.68

-2.7%

Nov 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Justa Werkenstiff who wrote (35314)	5/23/2000 9:34:00 AM
From: Proud_Infidel	Read Replies (3) of 70976

How the BTB can be interpreted as a negative is beyond me, but AMAT is down in pre-market trading. Here is some more bad news for the industry<tic> Tuesday May 23, 3:41 am Eastern Time Fujitsu to build $1.3 bln flash memory plant (UPDATE: Adds background) TOKYO, May 23 (Reuters) - Japan's largest computer maker Fujitsu Ltd said on Tuesday it will spend 140 billion yen ($1.31 billion) to build a new plant to produce flash memories at its joint venture with U.S. chipmaker Advanced Micro Devices Inc (NYSE:AMD - news). Construction work on the new plant at their venture in Aizu Wakamatsu in northern Japan will start in August, aiming to produce 13 million units per month by the end of the business year that starts next April 1, it said. By the end of the following year it aims to be producing at a rate of 52 million units per month. The project is to meet rising demand for flash memories, particularly for use in cell phones and other electronics products including portable digital cameras and handheld computers. Fujitsu's decision came one day after Intel Corp (NasdaqNM:INTC - news), the world's largest computer chip maker, said it had sold its billionth flash memory chip since it introduced the first one in 1988 and planned to increase manufacture of the devices, aiming to sell a billion more of the chips over the next two years. The Semiconductor Industry Association reported in its annual review and forecast that flash memories was the fastest growing sector of the world's semiconductor industry in 1999. Intel rival AMD is the second-largest maker of flash memory chips, with about 15 percent of the market. Intel has an estimated 25 percent share. Reflecting a booming market for flash memories, other Japanese manufacturers such as Hitachi Ltd and Toshiba Corp also plan to boost flash memory production. Fujitsu's shares ended Tokyo trade up 45 yen or 1.52 percent at 3,000 yen. ($1 equals 107.24 Yen)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next