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

To: Proud_Infidel who wrote (37815)	10/4/2000 11:56:51 AM
From: Proud_Infidel	Respond to of 70976

Wafer Works has China chip foundry in the works: report STAFF WRITER Taiwan's Wafer Works Corpora-tion (¦X´¹¬ì§Þ ) is reportedly planning to set up a 6-inch chip foundry with China's Beijing Oriental Electronics Group (¥_¨ÊªF¤è¹q¤l¶°¹Î) in Beijing, local Chinese media said yesterday. According to the report, Nasa Tsai (½²«n¶¯), chairman of Wafer Works Corporation and former vice president of Mosel Vitelic Inc (Zª¿¹q¤l), paired with Oriental to build the foundry. Construction of the plant will begin by the end of October and is expected to begin operations in mid-2002, Wang Dong-sheng (¤ýªF¤É), chairman of Oriental was quoted as saying. Oriental, a major Chinese industrial and consumer electronic products company, was reported to provide 30 percent of the capital needed to build the plant. The company has listed on the Shanghai stock exchange. Tsai reportedly declined to comment, saying the speculation started after he assisted in the establishment of a foundry in China's southern city of Wuxi a few years ago and due to his contacts with China's chip industry during his time at Mosel Vitelic. But sources in the semiconductor industry said that Tsai was sourcing second-hand manufacturing equipment for 6-inch chips, saying it is for a Beijing construction project. Wang pointed out the large potential of China's chip manufacturing industry, saying that currently 90 percent of China's chips are imported from other countries. Oriental currently has a 4-inch chip foundry and expects to more closely co-operate with Taiwanese firms in chip and notebook computer manufacturing, according to Wang. Forty percent of China's personal computer market is centered in Northern China, with 50 percent of the laptop market located in Beijing. Wang said it is the perfect timing for Taiwanese businessmen to enter the Chinese market prior to China's expected entry into the WTO, when various incentives are being extended to Taiwanese investors. Oriental, Beijing's first B-share listed company, has assets surpassing NT$8.1 billion.

To: Proud_Infidel who wrote (37815)	10/4/2000 12:08:09 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Brian, OT *** China and Cuba Since everything has been said about AMAT, a little OT won't hurt. The boycott of Cuba is entirely wrong, short-sighted, pig-headed and tragic. As evil as China's government is, we best increase trade with it to help open it up. Success there will probably measured in decades - not years. BTW, Germany yesterday celebrated the 10th anniversary of reunification. I still remember how dumbfounded I was when it happened. I had not expected it in my lifetime. Maybe it's good we cannot accurately predict everything. Keeps life interesting. Gottfried

To: Proud_Infidel who wrote (37815)	10/4/2000 12:26:56 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

OT -- You are right on all accounts. China is one of the most repressive regimes. This may sound naive, but I think technology will be the savior of people living under dictatorships. Just as social needs have brought about many technological innovations, technological leaps bring about social change. At some point in time all present dictatorships will have to choose between living in the dark ages or accepting the technology which will in turn bring about their demise. Some will choose the former and continue to treat their people as no more than the slaves of the state. But even they will eventually be so far out of step with the world that will collapse. Fortunately in case of China, there seems to be a desire for progress, though the communist party wants to have its cake and it too. "It doesn't matter if it is communism or capitalism, so long as it is good for China", was another way of saying we want China to progress but we want to stay in charge just the same. However, as you mentioned, the Chinese just don't get it. One cannot be just a little pregnant. Sun Tzu