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Technology Stocks : Nokia (NOK)
NOK 6.550-0.9%Jan 16 3:59 PM EST

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To: Nils Mork-Ulnes who started this subject5/19/2001 2:04:09 PM
From: 49thMIMOMander  Read Replies (2) of 34857
 
Injection molding in China

Everything is not pizza size wafers and lots of metal layers, 0.07 um effective gates, the whole band
need to play their thing.
(But RF-technology is still the most limiting thing)

Monday, May 14, 2001
Machine-Tool, Injection-Mold
Makers Expand Ops In China

TOKYO (Nikkei)--With China's manufacturing gradually
moving from simply assembling products to more sophisticated
activities, such as parts designing and processing, Japanese
machine-tool and injection-mold manufacturers are entering
China at an increasing pace.

AB Co., an injection-mold maker with annual sales of 3 billion
yen, will build its first overseas plant in Shanghai in July, in a
50-50 joint venture with a Taiwanese computer-peripherals
manufacturer.

The plant will churn out 30-40 million yen worth of metal molds
monthly with its work force reaching 200 in three years.

Leading metal-working machinery maker Amada Co. (6113) will
set up a marketing branch in Shenzhen, and double from a year
earlier the number of metal-pressing machines it assembles in
Shanghai to 120 in fiscal 2001.

The company aims to increase sales in China to 5 billion yen in
the current year, up from an estimated 3.2 billion yen in fiscal
2000.

Other companies that have either opened or will open offices in
China to market machines or design tools include CAD systems
developer Zuken Inc. (6947) and leading numerically controlled
equipment maker Fanuc Inc. (6954).

Machine-tool demand is expected to grow substantially in China,
as major overseas manufacturers, such as U.S. automaker
General Motors Corp., Finnish cell-phone maker Nokia Corp.
and electronics giant Matsushita Electric Industrial Co. (6752),
have begun procuring materials and parts locally.

(The Nihon Keizai Shimbun Tuesday morning ed

Cell Phone, Parts Makers Resume
Talks

TOKYO (Nikkei)--Japanese and overseas cellular phone
makers have started negotiating with parts makers and trading
firms to procure parts for new models they will release at the end
of the year, industry sources said.

Cellular phone makers postponed talks from January through
March because weak demand for the phones had increased their
inventories.

However, the resumption of negotiations does not seem to mean
that parts makers will see a rise in earnings. Talks now center on
parts in a lower price range than last year.

Seiko Epson Corp. President Saburo Kusama said, "In late
March, we began to see Nokia Corp. and other major foreign
manufacturers resume large-lot orders." But the volume of orders
on a contract basis have dropped 30% from last year and prices
of individual parts have declined by an average of 10%, said an
official at one mid-size trader.
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