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To: Don Green who wrote (50716)	8/22/2000 12:50:22 PM
From: Don Green	Respond to of 93625

Toshiba To Boost Chip Investment To Record 170 Bln Yen Wednesday, August 23, 2000 TOKYO (Nikkei)--Toshiba Corp. (6502) announced Tuesday that it will increase capital spending on semiconductor-manufacturing equipment in fiscal 2000 by about 40 billion yen to a record-high of 170 billion yen. The company will enhance production lines for major products, including system chips and flash memory, due to the buoyant sales of digital appliances like DVD players and mobile phones. Toshiba will also expand the production of chips for Sony Computer Entertainment Inc.'s PlayStation2 video game consoles. In addition, SCE has invested 34.5 billion yen in the project. Renewed investments by chip manufacturers to increase output have begun to delay the delivery time for chip-making equipment to more than one year in some cases. To secure the equipment to handle projected rises in chip demand, Toshiba will place orders earlier than fiscal 2001, as it had originally planned. (The Nihon Keizai Shimbun Wednesday morning edition)