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To: The Prophet who wrote (14280)	8/25/2000 4:53:33 AM
From: ColtonGang	Respond to of 60323

Great news for SNDK.........Japanese firms boost outsourcing By Mariko Ando, CBS.MarketWatch.com Last Update: 4:27 AM ET Aug 25, 2000 NewsWatch Latest headlines TOKYO (CBS.MW) -- Japan's top high-tech companies are increasingly outsourcing production of key components to overseas suppliers in order to meet global demand for their products. The latest is Mitsubishi Electric Corp., which on Friday announced plans to start outsourcing production of flash memory chips to overseas firms by the end of this year. This would make Mitsubishi Electric the first Japanese maker to outsource the chips used in the production of mobile phones, digital cameras and other goods. "We are considering outsourcing flash memory chips for use in mobile phones because our current production capacity is already filled up and we need to increase it immediately," said Motokazu Isozaki, a Mitsubishi Electronic spokesperson.