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To: Skeeter Bug who wrote (46480)	6/21/1999 7:57:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 53903

My understanding is that they joint venture relationship requires them to provide the joint venture with technology, while the joint venture partner provides the capital. Then MU is obligated to buy all of the output of the joint venture, but the price is at a percentage discount to the selling price. This permits MU to expand without requiring capital, and assures that they will always make a small profit on the JV production, but it limits their potential profit in good times. If anyone else has a different idea as to how these joint ventures work, I'd like to hear it. Thanks, Carl

To: Skeeter Bug who wrote (46480)	6/21/1999 8:10:00 AM
From: DJBEINO	Respond to of 53903

Samsung to boost non-memory chip output SEOUL, June 21 (Reuters) - South Korea's Samsung Electronics planned to invest $1.2 billion by 2001 to expand its monthly production capacity of non-memory chips, the company said on Monday. Samsung said in a statement it has been restructuring its business towards production of non-memory chips, including computer central processing units (CPUs), application-specific integrated circuits (ASICs) and some other value-added areas which the company believed would be the future direction of the electronics industry. Chin Daeje, executive vice president and chief executive officer of Samsung's non-memory chip division, said Samsung has targeted non-memory chip sales at $1.8 billion in 2000 and $2.5 billion in 2001 from an estimated $1.2 billion in 1999. Samsung is the world largest dynamic random access memory (DRAM) chip producer biz.yahoo.com