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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (6769)	10/27/1997 8:55:00 AM
From: BillyG	Read Replies (3) \| Respond to of 25960

Samsung Elec. Making More IC Mfg. Gear October 27, 1997 (SEOUL) -- Samsung Electronics Co., Ltd. is developing more components for semiconductor manufacturing equipment. This strategy means that Samsung Electronics is becoming less reliant on imports of such components. Specifically, it has developed about US$60 million worth of components. Samsung and several domestic partners in 1995 started pursuing a project to develop components for semiconductor manufacturing equipment, a company spokesman said. Samsung has reduced its imports of such foreign components to a level of about US$160 million a year, from US$220 million in 1995. In an effort to build more of its own equipment, Samsung will spend US$33 million to US$55 million a year for its development program. It seeks to cut such imports to a level less than US$110 million by 1999, the spokesman added. Among Samsung's major developments is a cathode component, a key piece of technology used in the semiconductor-etching process. Samsung said it expects the cathode component alone to create an import substitution effect of US$11 million a year, while saving US$3.8 million in production costs. (Maeil Business Newspaper, Korea) japanbiztech.com