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Technology Stocks : Helix Technology, a cold play on semiconductor equipment -- Ignore unavailable to you. Want to Upgrade?

To: mopgcw who wrote (1019)	4/19/2002 9:51:54 AM
From: Sidney Street	Read Replies (1) \| Respond to of 1227

Samsung increasing capex for semi equipment: From online WSJ: >>>>>>>>>>>>>>>>>>>>>>>>>> Plans Increased Capex For Semiconductor Division Buoyed by the improved semiconductor industry outlook and increased cash reserves, Samsung Electronics has raised its capital investment plans for 2002 to KRW4.55 trillion, from KRW3.05 trillion earmarked in January. Of the total amount, most will be set aside for the semiconductor division: KRW4 trillion will be spent on advancing chipmaking technology and reducing chip-production costs, up sharply from the originally planned KRW2.5 trillion. Not surprisingly, the semiconductor division got a lift from firmer chip prices, following the severe downturn last year. The spot price of a benchmark 128-megabit dynamic random access memory (DRAM) chip rebounded to over $4 in the first quarter of this year, from a low of $1 late last year, and was around $3.30 at the start of the month. Samsung Electronics believes spot prices will continue to pick up in the second quarter. Sales from its semiconductor division, including TFT-LCDs, grew 45% on-year to KRW2.97 trillion, comprising 30% of total revenue. The company said demand for TFT-LCDs proved to be "much bigger than expected" and it expects sales to double this year to 30 million units on growing demand from computer makers. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>