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To: DJBEINO who wrote (2378)	1/21/1998 12:26:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Fujitsu studying cutting capex on new microchip plant TOKYO (AFX-ASIA) - Fujitsu Ltd said it is studying cutting capital investment on a planned microchip plant in Japan, as well as delaying the start-up of the plant. Fujitsu said it may abandon plans to introduce 300 millimetre wafer production lines at the new plant, a move which will cut total investment costs to around 100 bln yen from an initial estimate of 150-180 bln yen. Fujitsu said it is also examining the possibility of deferring the start of construction of the plant due to the prolonged pressure on semiconductor prices. Construction was originally due to start in the first half to September 1998. Fujitsu said it has no plan to cancel the project.