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

To: C_Johnson who wrote (36965)	8/24/2000 10:47:51 AM
From: Proud_Infidel	Respond to of 70976

Carl, Thanks much! BK<eom>

To: C_Johnson who wrote (36965)	8/24/2000 11:17:27 AM
From: Gottfried	Respond to of 70976

Thank you very much Carl! I feel like an insider :) Gottfried [end]

To: C_Johnson who wrote (36965)	8/24/2000 11:24:12 AM
From: Demosthenes	Respond to of 70976

Carl, Thanks. D

To: C_Johnson who wrote (36965)	8/24/2000 11:40:43 AM
From: Proud_Infidel	Respond to of 70976

Toshiba could join Japanese chip makers hiking fab investments Semiconductor Business News (08/24/00, 11:00:07 AM EDT) TOKYO -- Toshiba Corp. is considering an increase in semiconductor capital spending, which could increase its chip output by 30% in the company's current fiscal year, according to a news report by Reuters. The news service reported that Toshiba said it might hike investments to keep up with strong demand for semiconductors in cellular phones and digital electronics. Toshiba is considering a 30% increase in semiconductor capital spending to 170 billion yen ($1.57 billion) in the fiscal year, which ends on next March, according to Reuters. The Japanese chip maker had earmarked 130 billion yen ($1.2 billion) on capital spending. The possible increase in capital spending comes as semiconductor equipment suppliers report stronger orders for tools in Japan after years of slow growth due to the country's recession and chip makers attempting to decide long-term strategies away from DRAMs. Earlier this month, officials at Applied Materials Inc. told financial analysts that five of the top Japanese chip makers were planning to increase their capital spending. Applied, the world's largest supplier of semiconductor equipment, has counted 10 expansions, upgrades, and new "greenfield" 200-mm fabs in Japan during 2001. It has also listed one or two 300-mm fabs in Japan, said Joseph R. Bronson, senior vice president, chief financial officer, and a member of the company's Office of the President at Applied in Santa Clara, Calif. "The breadth of applications for capacity additions and the absence of memory investments--other than flash--is encouraging and a sign of the Japanese semiconductor industry's commitment to remain competitive," Bronson told the analysts during a conference call this month after Applied released record financial results for the last fiscal quarter. According to the Reuters news service, Toshiba's increase in capital spending would be primarily targeted at flash memory production and large-scale integrated circuits for mobile phones and other digital electronics applications. Reuters said Toshiba and four other top Japanese chip makers here -- NEC, Hitachi, Fujitsu and Mitsubishi -- have raised their capital investment plans for the current fiscal year to 904 billion yen ($8.3 billion).