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To: FJB who wrote (3396)	10/8/1999 7:20:00 AM
From: Duker	Read Replies (1) \| Respond to of 5867

TEL blurb: Shares in electronics trading firm Tokyo Electron up 430 yen or 4.64 percent to 9,700 after it revised its parent current profit forecast for the year to March 2000 to 20 billion yen from 16 billion yen. --Duker

To: FJB who wrote (3396)	10/14/1999 6:41:00 AM
From: FJB	Respond to of 5867

ST Microelectronics Singapore Wafer Plant Ready In 2000 October 14, 1999 Dow Jones Newswires SINGAPORE -- French-Italian semiconductor giant ST Microelectronics's new wafer fabrication plant in Singapore is scheduled to be completed by the end of 2000, top executives said Thursday at a media briefing. Production at the S$1 billion (US$1=S$1.6823) plant, which will manufacture mainly eight-inch wafers, will begin in the second half of 2001, the company said. The plant, originally scheduled to be ready this year, was delayed due to the three-year-old global slump in the semiconductor industry, executives said. "We are expected to do what would be a state-of-the-art investment," said Jean-Claude Marquet, corporate vice president and chief executive for the Asia Pacific region. He said the plant will incorporate technological advances in wafer fabrication in the last few years. Singapore is the hub of the company's Asia Pacific operations, housing four wafer fabrication lines. Turning to the recovery in the industry, president and chief executive Pasquale Pistorio said it will likely last longer. "Some of the traditional players do not seem to be aggressively expanding," he said, referring to the Japanese and South Korean makers. Industry experts expect the next two to three years to be good for the industry, Pistorio said. "But we have to wait," he said.

To: FJB who wrote (3396)	10/14/1999 6:45:00 AM
From: FJB	Read Replies (2) \| Respond to of 5867

The worldwide semiconductor market is on track to resume double-digit growth this year despite disruptions from the earthquake in Taiwan, research firm Dataquest said in a report on Thursday. Global semiconductor sales are on pace to surpass $155 billion in 1999, a 14.1 percent increase over 1998, according to the quarterly industry update from Dataquest Inc., a unit of computer information specialist GartnerGroup Inc. . The Sept. 21 earthquake in Taiwan killed more than 2,200 people and power outages temporarily idled much of the island's industry -- including its prodigious semiconductor supply sector -- but experts have been quick to note that the impact was limited and production was quickly returning to normal. Dataquest said this year is expected to mark the first year of growth in the semiconductor industry since 1997 and the first year of double-digit growth in four years. The current cycle is expected to last through 2002, with the market reaching $250 billion by 2003, as strong demand continues and overcapacity wanes, the research company said. newsalert.com