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To: Proud_Infidel who wrote (3693)	11/26/1999 7:53:00 PM
From: Proud_Infidel	Respond to of 5867

koreaherald.co.kr Korean chipmakers to boost nonmemory chip business Korea's leading chipmakers are set to boost their nonmemory chip operations as the sector is expected to grow sharply with the spread of digital information and communication appliances. Samsung Electronics said yesterday it plans to increase investment in its nonmemory operation in a bid to expand annual sales by 40 percent over the next two years. Hyundai Electronics Industries also plans to double its sales in the sector next year. According to World Semicon-ductor Trade Statistics, the global market for nonmemory chips is expected to grow from $114.9 billion in 1999 to $174.7 billion in 2002, recording annual growth of 14.2 percent. The United States currently dominates the nonmemory chip market, while Korean manufacturers, placing emphasis on DRAMs (dynamic random access memory), lag far behind. The nation's nonmemory chip production last year is estimated at $2 billion, accounting for 1.7 percent of the world market. Samsung, the world's second largest DRAM maker following Hyundai, said it will invest 1.3 trillion won (about $1 million) by 2002 in nonmemory products such as Alpha CPUs, system-on-chip devices, and other semiconductors used in multimedia and wireless communications devices. "Memory devices still account for the majority of the company's semiconductor sales. However, our long-term goal is to become a general semiconductor maker and to increase the portion of investments in nonmemory facilities and R&D from the current 40 percent to 80 percent in 2001," said a Samsung spokesman. The company projects this year's sales in the sector to top $1 billion, including $100 million in November alone. Samsung said its nonmemory semiconductor sales are expected to rise to $2.5 billion in 2001 from $1.2 billion this year. Hyundai also plans to increase the nonmemory portion in its semiconductor production from the current 5 percent to 10 percent in 2001. The company aims to become the world's top maker of nonmemory chips used in DVDs (digital versatile disk), TFT-LCDs (thin film transistor-liquid crystal display), digital TVs and a Java-based processor for mobile information applications. Hyundai projects sales in the sector to grow $500 million in 2000 from a projected $250 million this year. Last month, the Ministry of Commerce, Industry and Energy announced it plan to inject a total 38.8 billion won in developing semiconductor technology, focusing on nonmemory chips, by the end of July 2000. Updated: 11/26/1999 by Hwang Jang-jin Staff reporter