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Technology Stocks : Micron Only Forum
MU 338.18-2.2%Jan 13 3:59 PM EST
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To: eddie r gammon who wrote (33935)5/28/1998 11:48:00 AM
From: DJBEINO  Read Replies (2) of 53903
 
NEC sees (TOKYO:6701) group capex of Y310 bln in 98/99

TOKYO, May 28 (Reuters) - NEC Corp said on Thursday that it
plans group-based capital investment of 310 billion yen in
1998/99, little changed from last business year.
The Japanese electronics giant also said it expects
group-based shipments of semiconductor chips to total 1.23
trillion yen, compared with 1.15 trillion yen in 1997/98.
The company also said in a statement that it expects its
group shipments of personal computers to reach 3.09 to 3.19
million units in 1998/99, up from 302 million units in 1997/98.
The 1997/98 PC shipments represented a 19 percent decline
from 1996/97, the statement said.
The company also said it expects its group operating profit
in 1998/99 to rise 10 percent from the previous year to 210
billion yen.
The company also said it plans capital investment totalling
180 billion yen in its semiconductor business in 1998/99,
unchanged from 1997/98.
The company plans to reduce monthly production of 16 megabit
DRAM (dynamic random access memory) chips to six million units
in September and further down to four million units in December,
from eight million units in May.
But it plans to increase monthly production of 64 megabit
DRAM chips to eight million units in September and to 10 million
units in December, from six million units in May.
The company said it also expects the share of memory chips
in the total value of its semiconductor production to decline to
27 percent in 1998/99 from 29 percent in 1997/98.
It expects the share of System LSI (large-scale integration)
to rise to 59 percent in 1998/99 from 57 percent in 1997/98,
while that of other types of semiconductor products would remain
at 14 percent.
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