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To: MRO0054 who wrote (139)1/22/1997 12:14:00 AM
From: John Metcalf   of 193
 
Speaking of Japanese companies.... I wonder to what extent the BOJ incentives (1/2% interest) have favorably impacted the R&D of Japanese companies. I also wonder at what dollar/yen point US-based companies will offer less attractive pricing than Japanese companies in their home market. Over the past couple years, the dollar has moved from a cost of 84 to 117, an increase of nearly 40% to Japanese fabs buying equipment from US suppliers.

While US produced equipment has become significantly more expensive, Japanese companies have benefitted from very low cost funds to re-invest in their R&D programs. What does this augur for the future?
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