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

To: FJB who wrote (35582)	7/2/2000 6:53:22 PM
From: FJB	Respond to of 70976

On page 85 of a supplement to EDN titled Electronics Industry's Movers and Shakers of 2000, James Morgan comments, "We took risks, grew faster than anyone else in the industry, and it paid off. A lot of companies don't do that when they get successful, but it's part of who we are. On top of that, a global company should know how to deal with change and continue to set goals for itself. With all that in place, we have the opportunity to be a 20-, 30-, or 40-billion-dollar company."

To: FJB who wrote (35582)	7/5/2000 9:19:23 AM
From: Proud_Infidel	Respond to of 70976

Mitsubishi hikes capital spending to record, plans more flash, logic production Semiconductor Business News (07/05/00, 08:46:47 AM EDT) TOKYO--Mitsubishi Electric Corp. today announced plans to boost semiconductor capital spending by an additional 50 billion yen ($476 million) to increase its production of large-scale integrated circuits and upgrade its facilities in Saijo, Japan. The increase pushing Mitsubishi's planned semiconductor capital expenditures to a 150 billion yen ($1.4 billion), which is 179% higher than last year and a new record high for the company. Mitsubishi's total capital spending for all business segments will reach 240 billion yen ($2.3 billion) in the current fiscal year, which ends on March 31, 2001. In the previous fiscal year, ended March 31, Mitsubishi spent just 57 billion yen ($543 million) on semiconductor facilities. Mitsubishi said it now plans to invest 70 billion yen ($666 million) in memory production, mainly for flash devices. About 57 billion yen had been earmarked for memory expansion until now. The company said it will increase its fiscal 2001 investments in production of LSI logic ICs to 62 billion yen ($590 million), up from a previous budget of just 25 billion yen ($238 million). Investments in high-frequency and optical devices, as well as R&D, will remain at 18 billion yen ($171 million), said the company. In Saijo, the company plans to upgrade its wafer fab to 0.18-micron processes with the capability of fabricating 15,000 eight-inch wafer a month in 2001. Much of the new capacity will be aimed at digital information appliances, Mitsubishi said. Mitsubishi also said it plans to increase it capability to produce multi-chip packages for mobile phones. The Saijo factory's SRAM production capacity will be increased and concentrated on these applications with Mitsubishi's Kumamoto facility specializing and increasing its flash memory output.

To: FJB who wrote (35582)	7/5/2000 9:19:33 AM
From: Proud_Infidel	Respond to of 70976

Mitsubishi hikes capital spending to record, plans more flash, logic production Semiconductor Business News (07/05/00, 08:46:47 AM EDT) TOKYO--Mitsubishi Electric Corp. today announced plans to boost semiconductor capital spending by an additional 50 billion yen ($476 million) to increase its production of large-scale integrated circuits and upgrade its facilities in Saijo, Japan. The increase pushing Mitsubishi's planned semiconductor capital expenditures to a 150 billion yen ($1.4 billion), which is 179% higher than last year and a new record high for the company. Mitsubishi's total capital spending for all business segments will reach 240 billion yen ($2.3 billion) in the current fiscal year, which ends on March 31, 2001. In the previous fiscal year, ended March 31, Mitsubishi spent just 57 billion yen ($543 million) on semiconductor facilities. Mitsubishi said it now plans to invest 70 billion yen ($666 million) in memory production, mainly for flash devices. About 57 billion yen had been earmarked for memory expansion until now. The company said it will increase its fiscal 2001 investments in production of LSI logic ICs to 62 billion yen ($590 million), up from a previous budget of just 25 billion yen ($238 million). Investments in high-frequency and optical devices, as well as R&D, will remain at 18 billion yen ($171 million), said the company. In Saijo, the company plans to upgrade its wafer fab to 0.18-micron processes with the capability of fabricating 15,000 eight-inch wafer a month in 2001. Much of the new capacity will be aimed at digital information appliances, Mitsubishi said. Mitsubishi also said it plans to increase it capability to produce multi-chip packages for mobile phones. The Saijo factory's SRAM production capacity will be increased and concentrated on these applications with Mitsubishi's Kumamoto facility specializing and increasing its flash memory output.