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To: jim kelley who wrote (47242)	7/14/2000 3:06:45 PM
From: blake_paterson	Read Replies (1) \| Respond to of 93625

Looks Hyundai is going to take more DRAM capacity off line... Hyundai aims to be $1 billion silicon foundry provider with converted DRAM fabs By J. Robert Lineback Semiconductor Business News (07/14/00, 09:31:32 AM EDT) semibiznews.com SAN JOSE -- DRAM giant Hyundai Electronics Industries Co. Ltd. plans to turn itself into a $1 billion silicon foundry supplier by 2002 as part of its efforts to diversify its semiconductor business and quickly leverage off huge capital investments are required in the competitive memory market, said top company managers during an interview here this week. Hyundai's aggressive plans aim to increase its foundry business by 277% to $400 million in 2000 from just $106 million in 1999. In 2001, the South Korean company aims to increase its silicon foundry revenues by 88% to $750 million and then reach $1.2 billion in 2002....