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Politics : Formerly About Applied Materials

AMAT 252.34

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To: Xpiderman who wrote (20353)	6/14/1998 6:56:00 PM
From: Justa Werkenstiff	Read Replies (1) of 70976

A positive sign of DRAM market stabilization happened last week but nobody seems to have posted it. The article ran in the WSJ and said that Samsung Electronics, the largest producer maker of memory chips accounting for 19% of total output said it would temporarily shut down production because of plunging prices. Although Samsung has done this in the past, it indicated this time around that it will consider even further cutbacks until the DRAM glut has been eliminated. Hyundai has already decided to shut down its assembly lines for a week. LG Semicon says it is also considering slowing or suspending production, but at this point is mum on the details. A similar article has run recently in EE Times: techweb.com

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