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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST
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To: Dave Kiernan who wrote (74836)4/12/2001 11:25:57 PM
From: puborectalis  Read Replies (1) of 99985
 
SINGAPORE BETS ON CHIPS: Despite a global slump in
semiconductor demand, Singapore plans to build a fourth
wafer-fabrication park next year to stay competitive when the
industry recovers, George Yeo, the trade and industry minister,
said. The government has already set aside a 60-hectare
(148-acre) plot of land for the proposed park, which will be built
in phases beginning sometime in 2002, Mr. Yeo said. The plant is
the first in Singapore to manufacture 12-inch wafers, which global
companies are increasingly using in their race to build the fastest
and smallest computer chips. Wafers are flat, round sheets used in
factories to make microchips.
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