Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (7282)	8/20/1999 10:34:00 AM
From: Ahda	Respond to of 82254

I am laughing ever so hard. Never discount corporate Japan just the MOF Came equipped with ammunition TOKYO (CBS.MW) -- Fujitsu Ltd. plans to revise upward its fiscal 1999 capital investment in semiconductor production to 90 billion yen ($805 million), up 40 percent, from an earlier target of 65 billion yen. The move will be the first major upward revision of capital spending plans in four years by a major Japanese chip maker, and if the target's met will exceed Fujitsu's fiscal 1998 level by 10 billion yen. With sales of digital audiovisual equipment and computer peripherals rapidly recovering since spring, additional investment is needed to meet strong demand for flash memories and devices that use logic ICs like advanced microcontrollers. Fujistu also said it will withdraw from production of unprofitable general-purpose DRAMs by spring 2000. It will continue manufacturing other types of DRAMs, like those used in digital home appliances, but will outsource most mass-production to a Taiwanese firm. By concentrating investment in advanced products, Fujitsu can expect to gain higher margins. The DRAM business previously accounted for more than half the total capital investment in semiconductors. With the overhaul of its chip operations, the company aims to return to the black this fiscal year. Nihon Keizai Shimbun