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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: Darin who wrote (2328)	12/16/1997 4:06:00 PM
From: semi engineer	Read Replies (1) \| Respond to of 5482

Darin Let me clarify the situation based on a very loose conversation with my contact. Anam in Korea is a very big conglomerate and it has approximately 16 divisions(including assembly/test operation). Like a typical Korean conglomerates, Anam had many(most group)unprofitable business. In order to focus on profit, Anam is planning to restructure the corporation to get out of many unprofitable business. And it will reduce the work force by 20% for all Anam corporation. Thus, Taiwan newspaper is partially correct for Anam(parent company) to cut work forces by 20% but I do not think they will be cutting any work force in Assembly/Test operation. I understand that assembly and test business is one of few money making ventures for Anam and they will continue to grow that business. Assembly and Test operation customers are mostly foreign; thus, Anam probably will be benefiting from this devaluation of Won in Korean plants and Peso in Philippine plants. They recently got into wafer foundry business. Let's just hope wafer foundry business will not force them to reduce the assembly/test expansion plan due to lack of capital in Korea.