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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Proud_Infidel who wrote (35617)7/6/2000 1:25:29 AM
From: Jeffrey D  Read Replies (2) of 70976
 
Brian, more Fabs being built. This time in Japan. Jeff

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COMPANIES & FINANCE: ASIA-PACIFIC: Chip production plant planned NEWS DIGEST:
93% match; Financial Times ; 06-Jul-2000 12:00:00 am ; 110 words

SILICON WAFERS

Chip production plant planned

Sumitomo Metal Industries, the Japanese steelmaker, with Mitsubishi Materials and a Mitsubishi Materials wafer subsidiary said yesterday that they would start building silicon wafer production facilities this month. The three will initially invest Y60bn (Dollars 565m) in the new facilities, aiming to start producing 12-inch silicon wafers in early 2002 to meet growing demand for next-generation semiconductor chips.

They will invest an additional Y30bn later to increase monthly production to 200,000 units from an initially planned 100,000, they said. The plan to mass-produce 12-inch wafers, which are more advanced than the previous mainstream eight-inch wafers, reflects rising demand for chips with high-capacity memory, increasingly used for personal computers and cellular phones that deliver visual images, Sumitomo Metal said. Reuters, Tokyo

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