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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (32485)	9/15/1999 8:44:00 AM
From: Jeffrey D	Respond to of 70976

Portion of Bloomberg story on Samsung vs Hyundai. As Morgan says, "you have to pay if you want to play." Well, looks like Samsung is expected to be the winner as they chose to pay. Jeff quote.bloomberg.com Samsung Electronics still holds its edge in technology. This year, it will spend $2.5 billion upgrading its DRAM facilities, according to Warburg Dillon Read. That's more than twice Micron's $1 billion and five times Hyundai Electronics' spending. That heavy investment is reaping rewards. Samsung Electronics turned in first half profits this year of 1.34 trillion won, after losses of 362 billion won last year and 610 billion won in 1997. In July, it forecast profits of 3 trillion won, beating its previous record of 2.22 trillion won in 1995.