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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Duker who wrote (3716)	12/9/1999 5:54:00 PM
From: Proud_Infidel	Respond to of 5867

Hyundai Electronics to Expand LCD Business at Brisk Pace December 9, 1999 (TOKYO) -- Hyundai Electronics Industries Co., Ltd. of Korea told Nikkei Microdevices that it plans to expand its fiscal 2000 sales of LCDs to about US$850 million, up 142 percent, compared with fiscal 1999. The company said it will increase sales for fiscal 2001 to about US$1.4 billion, up 65 percent from a year earlier. To realize the sales-expansion plan, it is proceeding to expand its customer base and production capacity. As concerns increasing the number of its customers, Hyundai Electronics has signed a five-year contract with a leading U.S. PC maker for delivering PC parts, including LCD panels. The company intends to start in February 2000 operation of a production line at its Inchon plant for thin-film transistor (TFT)-LCD panels with glass substrates measuring 620mm x 720mm. Upon operation of that line, the company will increase its investments, and complete the investment between the third and fourth quarters of 2000. Its planned production capacity will expand from 20,000 units per month to 40,000 per month. (Nikkei Microdevices)