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Technology Stocks : Micron Only Forum

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To: Skeeter Bug who wrote (38110)	9/3/1998 11:24:00 PM
From: DJBEINO	Read Replies (1) of 53903

Fujitsu considering closing UK microchip plant TOKYO (AFX-ASIA) - Fujitsu Ltd said it is considering closing a microchip production plant in the UK due to the stagnant dynamic random access memory (DRAM) chip market. Fujitsu said it will make a final decision on this later today. "It is true that we are considering the closure of the plant," an official said. "We are scheduled to meet with the employees at noon local (UK) time, and by then we will make the final decision, whether we will close it." The plant under question is at Darlington, noerthern Engaland. The Fujitsu spokeswoman said the move is due to the stagnant microchip sector, with the UK plant producing mostly 16 megabit DRAM chips, with monthly output of 1.5 mln units, along with 4M DRAM chips. Fujitsu built the plant in 1991 at a cost of 400 mln stg.

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