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To: DavidG who wrote (10143)	2/24/1998 11:03:00 PM
From: Duane L. Olson	Respond to of 25814

David..IMHO, there won't be any IMF checks to support the Korean chipmakers... Instead IMF will provide the funds for currency support, etc. If the Chaebol chipmakers are to raise capital, they will have to do it through private sources... And so far, there is a large list (in the current issue BW) of assets they are selling to raise SOME of the needed $Bil 7 to 10 to move to the next level. But I share your fear of the Taiwan and Japanese competitors.. If they can develop the engineering design capabilities (not a sure thing)..surely their manufacturing prowess gives them a formidable edge.. Duane

To: DavidG who wrote (10143)	2/25/1998 10:47:00 AM
From: E. Graphs	Read Replies (1) \| Respond to of 25814

02/24 20:57 U.S. chip firms, others, gain more share in Japan SAN JOSE, Calif., (Reuters) - U.S. and other non-Japanese chip makers captured 32.1 percent of the Japanese chip market during the third quarter of 1997, the highest quarterly share number since 1986, an industry group reported. The foreign-share figure, released earlier Tuesday by the U.S. Trade Representative and the Department of Commerce, is the third highest quarterly share number since 1986, when the U.S. and Japanese governments agreed to monitor foreign access to Japan's market, the SIA said. At the same time, the third quarter number represents a 3.7 percentage-point decline from the second quarter, when foreign share reached an all-time high of 35.8 percent. ''Despite the third-quarter downturn, the competitive position of U.S. companies continues to improve in Japan,'' SIA president George Scalise said in a statement. ''Due to the strength of the U.S.-Japan trade agreements on semiconductors, U.S. and other foreign manufacturers have made tremendous strides in gaining access to Japan's market during the past decade.'' The decline of foreign market share mirrors the sluggish computer and microprocessor sales during the third quarter. The Japanese microprocessor market, dominated by U.S. firms such as Intel Corp., declined from $846 million in the second quarter to $619 million in the third quarter. In relative percentages, microprocessor sales accounted for 10.2 percent of Japan's semiconductor market in the second quarter, but only 7.3 percent during the third quarter. Since U.S. manufacturers command more than 85 percent of the global microprocessor market, a drop in MPU sales in Japan directly impacts the foreign share numbers. Overall, U.S. market activities in Japan are strong. U.S. and Japanese semiconductor companies are cooperating on joint ''user-supplier'' programs to improve access -- such as the fall 1997 symposia on automotive semiconductors and next-generation TV/multimedia. Similar conferences are planned for 1998. ''Because of the proven competitiveness of U.S. companies, we fully expect sales of U.S. chips to increase in Japan,'' Scalise added in a statement. ''At the same time, as market conditions fluctuate, it is essential for the U.S. Trade Representative and Department of Commerce to continue monitoring trade access issues in Japan.'' Reut20:58 02-24-98 c 1997 Reality Online Inc., A REUTERS Company 1000 Madison Avenue,