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Technology Stocks : Micron Only Forum

MU 276.28

-0.1%

3:59 PM EST

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To: TREND1 who wrote (26980)	1/22/1998 4:38:00 PM
From: Number 4	Read Replies (3) of 53903

Samsung and Hyundai to merge - Samdai Semiconductor. Incoming President DJ Kim has told the major Korean companies to go back and rewrite their restructuring plans to include merging/swapping divisions. He wants Samsung to hand over control of its new automotive division to Hyundai Cars and for the two major semiconductor companies to merge. He calls the plan the "big deal" and final plans have to be announced by February 24 1998. Although the Korean press is not talking about the merger of the semiconductor divisions yet I understand from a reliable source in one of the companies that this is now being discussed at high level. I don't think this is what Apple Pie wanted! Samdai Semiconductor should kick the s**t out of Micron!

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