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

To: Jong Hyun Yoo who wrote (4095)	5/10/2000 6:33:00 PM
From: Jong Hyun Yoo	Read Replies (1) \| Respond to of 5867

Korea's Dongbu revives chip plans, but this time as a silicon foundry Semiconductor Business News (05/10/00, 08:53:05 AM EDT) SEOUL -- The Dongbu Group chaebol in South Korea is still aiming to enter the semiconductor business after weathering the country's financial crisis in late 1997 and 1998. This time, however, Dongbu plans to equip its empty fab shell, located in central Korea, to become a new silicon foundry supplier. Three years ago DRAMs were the target at Dongbu, which constructed a plant in the Eumsong area of Korea. The Korean conglomerate with holdings in agriculture, chemistry, steel, finance and insurance businesses was planning to make DRAMs with 0.25-micron technology licensed from IBM Corp. Dongbu completed its 300,000-square-foot building but it wasn't able to complete the $1.5 billion fab before Korea's economic meltdown struck. According to company officials, the fab will now be used for "non-memory chips." The Korean Semiconductor Industry Association confirmed that Dongbu plans to use the fab to provide foundry services. Specifics about the timing of investments and production ramp were not available. Dongbu has entered the semiconductor field as a partner in Siltron Inc., a separate joint venture with the LG Group, to make silicon wafers for the chip industry.