Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: DJBEINO who wrote (2668)	3/2/1998 9:43:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Sharp to Revise FY97 Chip, LCD Production Downward March 2, 1998 (TOKYO) -- Sharp Corp. is backtracking from its estimate in November of its production of semiconductors and liquid crystal displays (LCDs) for fiscal 1997, which runs through March 1998. A Sharp representative estimated that the company would produce 252 billion yen (US$1.97 billion) worth of microchips and 228 billion yen (US$1.78 billion) worth of LCDs in the current fiscal year, down from previous estimates, due to falling prices of the devices. In May 1997, Sharp estimated its production of semiconductors at 260 billion yen (US$2.03 billion). The estimate was revised upward to 265 billion yen (US$2.07 billion) in November 1997 when the company released its midterm settlement of accounts. Its downward revision cut the initial projection of LCD output from 340 billion yen (US$2.65 billion) to 275 billion yen (US$2.15 billion) at the same time. nikkeibp.asiabiztech.com