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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (82578)

2/12/2019 11:17:19 PM

From: Sam

3 Recommendations

Recommended By
Donald Wennerstrom
oldbeachlvr
Return to Sender

Respond to of 95499

$100-billion chip project caught in policy debate
Everyone wants it to be built, but they can’t agree on exactly where
Feb 13,2019
koreajoongangdaily.joins.com

excerpt:

A $100-billion next-generation semiconductor manufacturing complex, seen as vital to the country in maintaining its dominance in the market, is becoming a victim of politics.

As the price of memory chips plummets and their export declines, government and industry are joining to build the state-of-the-art facility. But the administration’s focus on developing regional economies is making the job that much more difficult and could lead to a less-than-optimal solution.

Observers are growing concerned.

“If political distribution is considered over the competitiveness of the semiconductor industry, which is currently largely responsible for exports, it will lead to a loss for the country,” said Lee Byung-tae, a professor at KAIST.

The government announced last year the development of a new semiconductor industrial complex to support the making of the chips of tomorrow. It will provide the land and the companies will invest in the manufacturing. The total value of the project is estimated to be 120 trillion won ($106.8 billion).

The decision came as the country works to maintain its dominance in the market and maintain production in the face of an industry slowdown. Semiconductors are vitally important for Korea. They account for 16 percent of total exports, the largest category, while the two main companies, Samsung Electronics and SK Hynix, have more than 73 percent of the global DRAM market in terms of revenue.

Signs of a weakening abound as the supercycle in memory chips seems to be coming to an end. Export prices for DRAMs were $5.74 per unit in December last year, down 37.2 percent compared to the previous year, according to a report from Daishin Securities.

Despite the urgency, local governments have been squabbling over who should get the site.

Cities near the capital, such as Yongin and Icheon in Gyeonggi, have argued they are most suitable, noting their proximity to the capital and their established infrastructure. Gumi in North Gyeongsang and Cheongju in North Chungcheong have emphasized balanced regional development, a government priority.

SK Hynix is at the center of the storm, as it is likely to operate the complex. Samsung Electronics, the country’s other top semiconductor maker, already has room to develop future capacity in Pyeongtaek and Giheung, Gyeonggi.

continues at koreajoongangdaily.joins.com

[The Asian model of capitalism has governments giving huge amounts of support to companies that they consider "key". Sometimes it gets in the way. But they certainly get plenty of benefits too.]

To: Return to Sender who wrote (82578)

2/14/2019 12:24:04 AM

From: Return to Sender

1 Recommendation

Recommended By
Winfastorlose

Read Replies (1) | Respond to of 95499

63% Upside Volume on the NYSE - 60% Upside Volume on the NASDAQ:

wsj.com

Wednesday, February 13, 2019
Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11.

NYSE	Latest close	Previous close	Week ago
Issues traded	3,026	3,038	3,053
Advances	1,907	2,218	1,183
Declines	1,035	734	1,774
Unchanged	84	86	96
New highs	87	94	61
New lows	5	8	9
Adv. volume*	506,342,031	670,466,877	270,828,489
Decl. volume*	297,294,243	186,207,169	506,865,779
Total volume*	813,842,845	870,302,825	791,501,486
Closing tick	+212	+83	-127
Closing Arms (TRIN)†	1.04	0.92	1.15
Block trades*	7,113	7,224	7,004
Adv. volume	2,269,786,873	2,840,147,070	1,235,964,333
Decl. volume	1,279,675,481	862,163,407	2,126,711,925
Total volume	3,603,556,014	3,776,711,391	3,418,226,661
Nasdaq	Latest close	Previous close	Week ago
Issues traded	3,176	3,176	3,142
Advances	1,798	2,260	1,444
Declines	1,265	801	1,578
Unchanged	113	115	120
New highs	74	77	50
New lows	21	13	18
Closing tick	+280	+173	+114
Closing Arms (TRIN)†	0.91	0.99	0.98
Block trades	9,034	8,593	8,849
Adv. volume	1,231,993,113	1,526,739,599	990,832,466
Decl. volume	784,745,956	533,926,344	1,058,745,596
Total volume	2,057,752,153	2,077,767,741	2,120,018,125
NYSE American	Latest close	Previous close	Week ago
Issues traded	298	299	299
Advances	160	204	140
Declines	125	82	146
Unchanged	13	13	13
New highs	6	9	3
New lows	3	3	2
Adv. volume*	4,786,436	6,876,410	2,370,322
Decl. volume*	5,395,741	4,158,656	5,894,488
Total volume*	10,489,149	11,247,676	8,353,467
Closing tick	+21	+38	+26
Closing Arms (TRIN)†	1.67	2.30	2.13
Block trades*	96	119	104
Adv. volume	37,603,737	54,105,702	24,236,302
Decl. volume	49,091,992	50,020,275	53,749,034
Total volume	90,421,530	106,209,929	78,617,207
NYSE Arca	Latest close	Previous close	Week ago
Issues traded	1,572	1,573	1,573
Advances	943	1,283	434
Declines	595	266	1,110
Unchanged	34	24	29
New highs	27	32	6
New lows	10	4	8
Adv. volume*	104,944,606	180,897,675	43,751,248
Decl. volume*	107,130,986	28,342,575	185,233,951
Total volume*	214,020,042	209,904,168	230,319,356
Closing tick	-24	+187	-135
Closing Arms (TRIN)†	1.47	0.82	1.45
Block trades*	1,472	1,308	1,495
Adv. volume	550,431,873	874,723,963	214,206,588
Decl. volume	508,956,335	148,473,419	792,209,572
Total volume	1,072,359,032	1,032,839,808	1,015,203,975

*Primary market NYSE, NYSE American or NYSE Arca only. †Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.