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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (3714)	7/29/1998 11:12:00 AM
From: DJBEINO	Read Replies (2) of 9582

Hitachi to Reorganize Semiconductor Operations Hitachi <TOKYO:6501> plans to restructure its semiconductor division, which has suffered from the depressed market for DRAM. Due to poor division results, the firm posted a consolidated loss of over 70 billion yen for fiscal 1998. Hitachi plans to more carefully identify profitable products and those that are not to create a flexible system that is more responsive to market changes. The firm will reorganize operations for each individual product, including DRAM and system LSI chips.

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