today's news. the sales figures used here are just for samsung imo.
Samsung to Invest $600 Mln to Build 128M-Dram Line, YonhapSays
Seoul, March 20 (Bloomberg) -- Samsung Electronics Co., the world's biggest memory chip manufacturer, will invest $600 million to build a new production line mainly for 128-megabit dynamic random access memory chips and rambus Drams, the Yonhap News Agency said, citing the South Korea company. Samsung will begin mass production of those micro chips, which are used in personal computers, electronics and communications equipment, in the second half of this year in order to preempt the world market. Sales of 128-megabit Drams are expected to reach $3.5 billion next year, up from about $1 billion to $1.5 billion this year.
George M. Scalise, president of the Semiconductor Industry Association, said in February the recovery from the two-year slump in computer chip sales was accelerating because of demand for new personal computers. In the fourth quarter last year, worldwide chip sales increased ''about 10 percent'' over the third quarter.
(Yonhap, 3/20)
00:54:46 03/20/1999
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