SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (7025)3/1/2000 11:46:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
UMC closed @ 111.50 - 2.50 vol 29,052,555
+++++++++++++
Korea's Kospi gained 50.71 to 879.09. Computer chipmakers
rose after the rebound in price of their main product. The spot
price of the 64 megabit 8 x 8 PC100 dynamic random access memory
chip has jumped 37.5 percent this week after falling every day
this year prior to that, according to the American Integrated
Circuit Exchange.



To: Steve Fancy who wrote (7025)3/2/2000 10:50:00 AM
From: DJBEINO  Respond to of 9582
 
UMC Group maps out new global development strategy

Taipei, March 1, 2000 (CENS)--United Microelectronics Corp. (UMC) has mapped out a new global development strategy by enhancing its strategic alliance with major partners in industrialized nations and developing advanced products.

UMC recently completed a consolidation of five affiliated high-tech firms into the UMC Group, which will generate 2.38 million eight-inch DRAM (dynamic random access memory) chips this year (up from 1.758 million chips last year), still second to the annual production of 3.4 million chips by its arch rival group, led by Taiwan Semiconductor Manufacturing Co.

Liu Fu-tai, a senior vice president of UMC, said on Wednesday that the group will shift focus to the quality of its strategies and products from production volume, with an aim to achieve an annual growth rate of over 30% in production capacity and an even higher profit gain of more than 40% each year.

But the annual output will still keep a fast-expanding pace to boost volume to 3.172 million chips in 2001 and to at least four million chips in 2002.

UMC completed the purchase of a money-losing Japanese semiconductor foundry from Japan's largest steelmaker Nippon Steel Corp., and renamed the subsidiary Nippon Foundry Inc. (NFI) last year. It also announced a plan to build a 12-inch wafer foundry with the Hitachi Group of Japan. Orders from Japanese customers have recently increased by 10%.

It also announced a technical cooperation project with IBM of the U.S. and Infineon of Germany's Siemens Group in early 2000.

Liu said UMC will roll out 0.15 micron copper wiring wafers at the end of March and then upgrade the manufacturing process to 0.13 micron models by the end of the year. The technical level will be further lifted to 0.1 micron models in two years.



To: Steve Fancy who wrote (7025)3/3/2000 9:34:00 AM
From: DJBEINO  Respond to of 9582
 
Hyundai, Samsung stand to make huge gains from chip price rise
Hyundai Electronics Industries and Samsung Electronics stand to gain handsomely from the recent jump in DRAM chip prices given that the firms increased output before the rise.

The Ministry of Commerce, Industry and Energy and business sources said yesterday that production of 64 mega DRAM chips by the two chipmakers hit 100 million units per month, double the output of a year ago.

Output by the two makers came to 50 million units in January last year, but increased to 70 million in September and 100 million pieces in January, with Samsung putting all nine new assembly lines online.

With chip prices taking off three to four months earlier than expected, the two companies are poised to earn substantial profits.

Both Samsung and Hyundai protected themselves when chip prices fell by cutting costs, with the cost of producing a chip going down to $4 per unit.

A ministry official predicted chip prices to rebound during the second quarter, but the rise came earlier than expected, at the end of last month, rising to $6 for 64 mega DRAM chips.

The two chipmakers have supplied their chips on long-term contracts at prices ranging from $8-$9 before falling to $6.3-$7.8 recently. The prices are expected to recover to the $8 level soon.



Updated: 03/04/2000



To: Steve Fancy who wrote (7025)3/7/2000 2:41:00 AM
From: agent_queue  Read Replies (2) | Respond to of 9582
 
test <eom>