Courtesy of BK from the LRCX thread...
Looks like 300mm is real and alive. Perhaps this explains the spurt in volume and price since 3:30PM today.
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TI to pour more money into chipmaking plants
By Bloomberg News
October 4, 2000, 12:00 p.m. PT
TOKYO--Texas Instruments plans to invest $2.8 billion to $3 billion in plants and
equipment next year to boost the output of chips for mobile phones, according to reports.
The Nihon Keizai newspaper cited comments from TI chief executive Thomas Engibous in
an interview in Tokyo.
The chipmaker, which plans to invest $2.8 billion on plant and equipment upgrades this
year, will spend more money next year on several projects. ``These include plans to build a
production line to handle LARGER wafers at a Dallas plant and to invest about $300 million in
plants in Ibaraki prefecture, north of Tokyo, and Oita prefecture in Kyushu, Japan's
southernmost main island, according to Engibous.
The Dallas-based company will boost production of mobile phone processors and analog
microchips because it expects demand for cellular phones to expand next year, when
so-called next-generation mobile phones offering high-speed Internet access will be
introduced, the newspaper said.
Texas Instruments, whose chips power two-thirds of the world's mobile phones, last month
scaled back its forecast for industry-wide handset sales this year from 435 million
worldwide to between 400 million and 435 million.
Copyright 2000, Bloomberg L.P. All rights reserved. |
