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To: DavidG who wrote (28930)	2/24/1998 10:39:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

Foreign share of Japan's chip market falls in Q3 WASHINGTON, Feb 24 (Reuters) - The foreign share of Japan's computer chip market fell in the third quarter of 1997 to 32.1 percent from 35.8 percent in the second quarter, the U.S. government said Tuesday. It was the first reduction in foreign share of Japan's semiconductor market since the second quarter 1996, the U.S. trade representative's office said. The decline in the third quarter appeared to be due to market conditions, the government said. "Over the next few quarters, we will be monitoring the Japanese market to ensure that foreign participation in the semiconductor market returns to the positive path that it has followed recently," U.S. Commerce Secretary William Daley said in a statement. U.S. Trade Representative Charlene Barshefsky said a resumption of a more positive trend in the foreign share of Japan's market was critical in light of Asian and world semiconductor capacity. South Korea is a major producer of dynamic random access memory (DRAM) chips. A global glut in DRAMs has pushed prices dramatically lower. Falling demand for computers in Japan led to a decrease in sales of microprocessors, which are primarily produced in the United States, the government said. At the same time, Japan increased production of DRAMs and supplied a larger portion of its home market, the U.S. government said. U.S. computer chip sales to Japan have grown from under $1 billion in 1986, when the first bilateral trade agreement between Japan and the United States was signed, to $7 billion in 1996, the government said.