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To: DJBEINO who wrote (31414)	3/29/1998 11:53:00 PM
From: DJBEINO	Respond to of 53903

the company said it still plans to boost its foundry and custom IC business by converting some of its DRAM lines in South Korea to nonmemory chips. The company's parent, the Hyundai Group, may eventually sell off even more of Hyundai Electronics' operations, according to a South Korean financial analyst. Hyundai Electronics is the only asset large enough to generate sufficient cash for the Hyundai Group to purchase Kia Motors techweb.com

To: DJBEINO who wrote (31414)	3/29/1998 11:55:00 PM
From: DJBEINO	Respond to of 53903

03-30-98 Hyundai Moves into Nonmemory Foundry Business Hyundai Electronics Industries, which is taking steps to restructure its operations, has decided to diversify into the nonmemory foundry business using a portion of its old memory fabs. The company said the move is aimed at a more efficient use of its manufacturing facilities. At the old memory lines, which were used for production of 1-megabit and 4-megabit memory pieces, the company will manufacture nonmemory chips designed by fabless chip companies. Hyundai is the first among the Korean chip trio to engage in this type of foundry service. Recently, Anam Industrial Co., the world's largest chip packaging firm, launched a foundry business with the assistance of Texas Instruments, the world's No. 1 vendor of digital signal processor. In comparison with Korean chipmakers, most Taiwanese companies offer foundry service, while fabricating memory chips on their own. At a time when memory prices continue to fall, foundry service can be an attractive option for cash-strapped companies like Hyundai. Hyundai said it will actively seek orders from global chip design houses who possess no fabs to produce their custom-made nonmemory semiconductors. The company will use two fabs at its Ichon plant, south of Seoul, which has a production capacity of 40,000 silicon wafers of 6 inches in diameter.