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

To: Big Bucks who wrote (10892)	11/12/1997 11:19:00 PM
From: davesd	Respond to of 70976

Hitachi confirms delay of Texas fab IRVING, Tex. -- Hitachi Semiconductor (America) Inc. confirmed it will delay for one year the addition of a sub-half micron wafer processing line to its chip plant here. The fab already has an 0.8-micron line, which is producing Hitachi's HH series 8-bit and 16-bit microcontrollers, DRAM and SRAM chips, with a total monthly production of about 3 million units. Originally Hitachi planned to start ramping up the new line in March 1998, but this is now postponed for a year, said a company spokeswoman today. The Japanese firm attributed the delay to a 7% cutback in its capital equipment investment for the remainder of Hitachi's fiscal year ending March 31, 1998. The capital spending reduction was made after revenue and income has fallen in the global price nose dive of DRAMs, the predominate type of semiconductor for Hitachi. Hitachi also produces DRAMs in a joint venture with Texas Instruments Inc., called Twinstar Semiconductor, located in Richardson, Tex. That operation is not affected by the latest Hitachi capital spending cutback, the spokeswoman said. dave