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Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

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To: StanX Long who wrote (63981)5/24/2002 2:19:37 AM
From: StanX Long  Read Replies (1) of 70976
 
Hitachi Moves to Boost Efficiency
Online staff -- Electronic News, 5/23/2002

e-insite.net

Hitachi Ltd.’s Semiconductor & Integrated Circuits Group will absorb the LSI operations of its subsidiary Hitachi ULSI Systems Co., Ltd. in an effort to boost efficiency, the company said today.

The decision was reached today by the Tokyo-based company’s board of directors. Only the design operations related to the semiconductor group will be separated from the company. Hitachi ULSI’s assets and employees will be transferred to the group. Joining all design activities within the semiconductor and IC group is expected to improve the company’s efficiency and to ultimately increase earnings for the group, Hitachi said.

Hitachi ULSI will develop and sell Hitachi microcomputer software development tools and evaluation boards. Hitachi ULSI will also operate independently as a systems solutions provider. The company will draw on its device, systems and software technology to offer design services to semiconductor foundries and handle IP, Hitachi said.
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