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

To: akidron who wrote (10311)	11/3/1997 4:09:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

Akidron, The EC will fund the growth/development of fabs/chips by European companies. I found it interesting that they are also aggressively going to design/develop 300mm semi-equipment, another competitor to AMAT. That could be a formidable competitor to AMAT especially if there is a combined effort by the EC member countries to insure success with additional subsidies and "preferential" purchases from this consortium. It would be in AMATs' best interest to build equipment manufacturing sites in Europe (such as Germany/England) like they are doing in Taiwan. From a competive/economic standpoint this prevents getting "shut out" if the door closes to "foreign" equipment purchases. BB

To: akidron who wrote (10311)	11/3/1997 4:15:00 PM
From: davesd	Respond to of 70976

Akidron, I'm talking about DRAM fabs not foundry...even though their margins are heading down....by the way I did buy a semi cap stock today...so I'm not gloom and doom on this industry....just looking for value. dave

To: akidron who wrote (10311)	11/3/1997 11:30:00 PM
From: davesd	Read Replies (1) \| Respond to of 70976

More news.....about the trouble in the DRAM world Hitachi Lowers FY97 Value Of Chip Output Target By 11% TOKYO (Nikkei)-Hitachi Ltd. has downwardly revised the value of its microchip production for fiscal 1997 ending March by 100 billion yen to 780 billion yen, company officials announced Wednesday. The lower figure is still a 14.5% increase from year-earlier output. The chip maker will also trim capital investment for microchips on a consolidated basis by 10 billion yen to 140 billion yen. With production of memory chips running at around 40% of its total semiconductor output, Hitachi has been severely hit by rapidly waning demand for DRAMs. The 11.4% cut in output is the biggest reduction among Japanese chip makers. The company has lost price competitiveness in the 16-megabit DRAM market in the face of aggressive production increases by other companies, including Micron Technology Inc. of the U.S., analysts say. Three other Japanese Big Five chip makers - NEC Corp., Toshiba Corp., and Fujitsu Ltd. - lowered their initial output plans by about 3-6%. Only Mitsubishi Electric Corp. has raised its production target. dave