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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (77289)	2/20/2000 11:52:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 108040

Korea chip industry's 2000 capex seen up 63.9 pct SEOUL, Feb 21 (Reuters) - The Commerce Ministry said on Monday that South Korea's semiconductor industry plans $3.62 billion in facilities and equipment investment in 2000, up 63.9 percent from last year. The Korean semiconductor industry plans to spend about $760 million in new production facilities and $2.86 billion in upgrading existing facilities, the ministry said in a statement. Research and development spending is expected to reach about $530 million this year, up 24.9 percent from $430 million last year, it said. Market research firm IC Insights Inc has forecast the South Korean chip industry's facilities and equipment investment will reach $4.3 billion this year, the ministry said. Major chip makers in South Korea include Samsung Electronics Co , Hyundai Electronics Industries Co , Anam Semiconductor Inc and a subsidiary of Taiwan-based Advanced Semiconductor Engineering Inc