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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (2493)	9/20/2000 8:45:12 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

QCOM--Business News From The S Korean Press Wednesday Dow Jones Newswires Hyundai Group (Q.HGP) has attracted over $1 billion in investment from the Japanese financial institution JVIC for its infrastructure project in North Korea, the Korea Times reports. Representatives of China Unicom Co. arrived in Seoul Tuesday for talks with Shinsegi Telecomm on forging cooperation in code division multiple access, or CDMA, technology, the Korea Times reports. Renault Samsung Motors, the Franco-Korean joint venture that succeeded the insolvent Samsung Motors, plans to introduce four to five models within a few years, in addition to the continued production of Samsung's existing SM5 sedans, the Korea Times reports. Hyundai Precision Industries CO. (Q.HPM) said it was joining hands with DHL International to provide "door-to-door" service for its customers in North Korea, the Korea Herald reports. South Korea's exports of semiconductors reached $2.56 billion in August, the largest-ever figure for a single month, despite the fall in the global prices of dynamic random access memory chips, the Digital Times reports. Korea Aerospace Industries, or KAI, has won a long-term contract valued at $250 million to produce B-757 tail wing parts for Vought Corp. of the U.S., the Korea Herald reported. Hanjin Shipping (Q.HSP) will add Malaysia's Port Kelang to its Asia-Middle East-Mediterranean-America, or AMA, route in response to a recent increase in cargo volume between Malaysia, the Middle East and the Mediterranean, the Korea Herald reports. Creditors of Saehan Media Corp. (Q.SHM) decided to convert debts of 75 billion won ($1=KRW1,125.8) into equity investment as a part of a debt workout program finalized for the troubled company, the Seoul Economic Daily reports. -By Suh Hae-sung, Dow Jones Newswires; 822-732-2165; hae-sung.suh@dowjones.com -0- 20/09/00 00-17G