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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stephen M. DeMoss who wrote (30031)	3/12/1998 5:23:00 PM
From: DJBEINO	Read Replies (5) \| Respond to of 53903

Micron CEO Blames Dumping On 'Irresponsible' Asian Fab Expansion (4:30 p.m. EST, 3/12/98) By Jack Robertson Steve Appleton, chairman of Micron Technology Inc., on Thursday said that during the annual meeting of the World Semiconductor Council he intends to discuss what he said is continued Asian DRAM fab expansion in the face of global overcapacity. He said in an interview that irresponsible fab expansion "is at the heart of DRAM dumping from South Korea, Japan, and Taiwan." He added that the WSC is an appropriate forum to challenge the unbridled Asian ramp-up, "although I don't expect to be very popular there." The WSC meeting, which this year is being held April 15 in Carlsbad, Calif., is the annual convening of chip industries from the United States, Japan, Europe, and South Korea. The organization, an industry sounding board, was established in 1996 under the U.S.-Japan Industry Semiconductor Agreement. techweb.cmp.com