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Technology Stocks : Micron Only Forum
MU 236.50+2.7%Nov 28 12:59 PM EST
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To: FJB who wrote (40270)10/22/1998 11:52:00 PM
From: DJBEINO  Read Replies (1) of 53903
 
Toshiba Retrenching Memory Production

Toshiba <TOKYO:6502> is reorganizing its semiconductor production
and has committed to concentrating its domestic productions of
memories and logic circuits in its facilities in Yokkaichi, Mie
Pref. and Oita City, Oita Pref., respectively. It will declare
operating losses of 20 billion yen in the fiscal year ending
March 31, 1999, but hopes to return to black ink within the next
fiscal year by concentrating on specialty circuits. Production
in Yokkaichi will include 4-megabit (Mb) DRAMs, 16-Mb DRAMs, 64-
Mb DRAMs, SRAMs, and flash memories. Yokkaichi had stopped
production of memories smaller than 16 Mb. It will continue
with its scheduled opening of its new subsidiary Yokkaichi
Toshiba Electronics in that city. Plans call for reduction of
the share of DRAMs in Toshiba's production from the present 80%
to 50%; capacity will be shifted increasingly to production of
SRAMs.
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