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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 (3875)	9/1/1998 10:44:00 AM
From: DJBEINO	Read Replies (1) of 9582

Hyundai Electronics to Intensify Nonmemory Semicon Biz September 1, 1998 (SEOUL) -- Hyundai Electronics Industries Co., Ltd. one of Korea's top three electronics firms, said it will focus on the nonmemory semiconductor business. It is targeting US$1 billion in annual sales by the year 2001. Hyundai's nonmemory business at domestic and foreign plants has averaged US$100 million in sales per year. Products to be focused on include merged memory with logics (MMLs), image sensors for video data storage, semiconductors for satellite broadcasting and MPEG-4 codec microchips. "We already have the technology to design 0.35-micron nonmemory semiconductors, so we are planning to upgrade our production facilities," company officials said. Hyundai said it expects to produce merged chips worth US$500 million a year, and US$200 million in image sensors annually by the target year. nikkeibp.asiabiztech.com

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