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Politics : Formerly About Applied Materials
AMAT 267.85-0.6%3:39 PM EST

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To: Big Bucks who wrote (19030)4/26/1998 6:59:00 PM
From: Ian@SI  Read Replies (1) of 70976
 
The entire online IBD story is:

Date: 4/27/98

Taiwan Chipmakers To Put $79 Bil Into New Facilities

The investment drive, to be made over the
next 13 years, will likely secure Taiwan's
status as the world's top chip supplier.
United Microelectronics leads the investment
stampede with plans for $18.8 billion for two
wafer plants. Taiwan Semiconductor
Manufacturing, Acer and Macronix
International are among others. Projects
include wafer fabrication, packaging and
testing plants.


Normally IBD reports in US$ unless it states otherwise.

Story is in the Front Page section.

$79 over 13 years or about $6B per year is probably about the same order of magnitude as INTC alone will invest during that same time.

FWIW,
Ian.
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