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Technology Stocks : Micron Only Forum

MU 333.34

-1.4%

Jan 14 3:59 PM EST

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To: Keither22 who wrote (32967)	5/7/1998 1:14:00 AM
From: DJBEINO	Read Replies (2) of 53903

NEC to Cease Domestic Production of 16 Megabit DRAM NEC <TOKYO:6701> says it is joining the ranks of memory manufacturers reducing output of 16-megabit DRAM. Reflecting the industry shift to 64 megabits, the company is cutting off production of the older standard from domestic plants. Only California-based NEC Electronics will continue to make 16- megabit DRAM. Subsidiaries NEC Hiroshima and NEC Kyushu will cease shipments when manufacturing supplies are used up around the summer season. Falling prices have accelerated the move away from the 16-megabit format. Toshiba <TOKYO:6502> plans to quit production later this year, and others are reducing output. After consolidating its own output in the US, NEC will continue to lower output during the year.

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