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Technology Stocks : Micron Only Forum

MU 265.92

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Dec 19 9:30 AM EST

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To: mu_basher who wrote (39214)	9/28/1998 11:17:00 AM
From: DJBEINO	Read Replies (2) of 53903

Chip Makers To Close Plants In October Korea's major semiconductor manufacturers, Samsung, Hyundai, and LG Electronics, plan to close their plants for five to seven days around the Chusok national holiday which falls on October 5. Samsung announced Monday that its 16-mega and 64-mega DRAM production lines at Kihung plant will fully closed between October 2 and October 8. The Chungju plant of LG and Ichon plant of Hyundai will both be closed between October 2 and October 7. The three companies have closed their plants for about six or seven days every month since last June and they expect that the October closures will cause a 20% reduction. There have been no major worldwide fluctuations in the unit price of DRAM.

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