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RMBS 112.07+4.0%10:40 AM EST

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To: MileHigh who wrote (72)12/3/1998 1:20:00 AM
From: MileHigh  Read Replies (1) of 236
 
Thursday December 3, 12:17 am Eastern Time
Fujitsu, Toshiba to jointly develop memory chips
TOKYO, Dec 3 (Reuters) - Fujitsu Ltd said on Thursday it would announce at 3 p.m. (0600 GMT) joint development with Toshiba Corp of memory chips.

Toshiba and Fujitsu will jointly develop one-gigabit dynamic random-access memory (DRAM) chips, a Toshiba spokesman said.

A Fujitsu spokeswoman said Fujitsu Managing Director Kazunari Shirai and Toshiba Managing Director Koichi Suzuki would attend the news conference.

Fujitsu, Japan's top computer maker, and Toshiba, a leading comprehensive electronics maker, decided to cooperate to make development cheaper and quicker, the Toshiba spokesman said.

The development of one-gigabit DRAMs is a key to survival in the memory chip business, industry sources said. One-gigabit DRAMs are expected to be developed by the early 2000s, they said
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