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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (35412)	6/1/2000 10:30:00 AM
From: Tony Viola	Read Replies (1) \| Respond to of 70976

Brian, >Hoshikawa said Fujitsu Ltd., FMI's Tokyo-based parent, has budgeted $4.6 billion for capital expenditures this year, 53% of which are going to the Electronic Devices Group (EDG). That's a sector that this year is forecast to deliver just 14% of the corporate parent's net sales. That 53% figure is the highest percentage EDG has gotten since at least fiscal 1996 Just to expand on this, Fujitsu is a huge, vertically company that makes everything from chips to mainframes. So, as the article says, the 4.6 billion for capital spending is not all for the semi division, but 53% of it is, a large, disproportionate amount to the semi group. FJ has sales of about 37 billion, last I looked, so 14% of that is "just" 5.18 billion. So the 53% of the 4.6 billion for the total company, or 2.438 billion, is a lot for a semi company of 5.18 billion sales. That's just a little bigger than AMD. So, FJ is spending a lot in proportion to their size. Whew. Tony