IBM Message Board - Msg: 2958650

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Technology Stocks : IBM

IBM 312.75

+0.7%

Dec 10 3:59 PM EST

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To: art slott who wrote (1996)	12/13/1997 6:35:00 PM
From: art slott	Read Replies (1) of 8218

Looks like IBM is taking advantage of the 25% drop in the Korean Won. ------------------------------------------------------------------------ Daewoo to Manufacture IBM RS/6000 in Pact SEOUL -- Daewoo Telecom Co., Ltd. said it will build IBM Corp.'s RS/6000 series computers under a technological agreement. Daewoo will manufacture the RS/6000 series computers for the domestic market with IBM's technological support under a contract signed by representatives Ki-bum Yoo of Daewoo and Jae-chul Shin of IBM Korea Ltd. Daewoo also will market the computers under its own brand name and DTC-4000 model number for both the domestic and international markets. Daewoo has been selling RS/6000 computers on a OEM basis since 1993 for the domestic market. Daewoo will begin production of 400 RS/6000 computers per month in October at its Sihung plant.

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