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To: Road Walker who wrote (20497)6/29/2001 9:49:48 AM
From: hueyone  Read Replies (1) | Respond to of 60323
 
Toshiba cuts chip spending; rivals seen following.

siliconvalley.com

``We can't see very clearly when the market might pick up,'' a Toshiba
spokesman said. Most of his company's cuts in chip spending were in the
memory chip sector, which has been hit particularly hard by slumping prices.