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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (4685)	12/27/2002 4:20:32 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Nanya to boost '03 capital spending by 40% Semiconductor Business News (12/27/02 04:16 p.m. EST) NEW YORK--Seeking to boost its position in the memory market, Taiwanese DRAM maker Nanya Technology Corp. plans to increase its capital expenditures by 40% to $400 million in 2003 over 2002, according to a report from SG Cowen Securities Corp. here today. Nanya is gearing up to boost its capacity in order to produce double-data-rate (DDR) SDRAMs and other memory products. In November, German chipmaker Infineon Technologies AG and Nanya of Taoyuen, finalized a long-expected agreement to create a joint 300-mm DRAM venture in Taiwan. The two companies also said they have set aside Euro 1.1 billion (about $1.1 billion) to build a giant wafer fab in Taiwan to start production late 2003 (see Nov. 13 story ). Nanya is also looking to boost market share in the DRAM market--and remain in the black. “The majority of the [DRAM] industry remains marred with losses,” according to SG Cowen. “Nanya is the only pure-play vendor to earn a profit.”