SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Pierre-X who wrote (1607)11/21/1997 12:50:00 PM
From: Gus  Read Replies (2) | Respond to of 9256
 
Here's a closer look at the Koreans, who finally decided to bite the IMF bullet today.

Samsung Electronics Co., Ltd. and Hyundai Electronics Industries Co.,Ltd., the world's largest manufacturers of computer memory microchips, are also bracing for foreign currency losses of up to $1
billion in 1997 if the trend continues.


japanbiztech.com

Also, there was an interesting discussion on CNBC yesterday re: how the US, since it is close to full employment, may end up as the 'importer of last resort' for Asia and maybe, Latin America in order to allow these troubled economies to 'export' their way back to reasonable health. I wonder what that does to the kind of 'dumping' charges that WDC's Haggerty seems to be contemplating vs Fujitsu. He did say that he was going to leave it up to the lawyers in the second to the last CC.

Gus