SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Binx Bolling who wrote (14132)8/22/2000 10:29:54 PM
From: Michael Kim  Respond to of 60323
 
Toshiba may raise 2000/01 chip capex to Y170 bln
Tuesday August 22, 7:59 pm Eastern Time

TOKYO, Aug 23 (Reuters) - Japanese chip maker Toshiba Corp said on Wednesday it is
considering raising its semiconductor capital investment to about 170 billion yen for the business year to next March from its original plan of 130 billion yen.

The move reflects rising demand for semiconductors, particularly system LSI (large-scale integration) and flash memories for mobile telephones and digital electronics, a spokewoman said.

The news came before the Tokyo stock market opened on Wednesday. In the previous session, the shares ended 7.2 percent higher at 1,108 yen, extending a rally that has brought higher closes in eight of the last nine sessions.

biz.yahoo.com