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To: Mike M2 who wrote (33457)	5/15/1998 12:29:00 PM
From: DJBEINO	Respond to of 53903

Domestic Facility Investment in D-RAM 1/3 of Last Year 05/14;18:03 Facility investment made by the three major semiconductor manufacturers is reported to be only one third of that of last year. According to Nikkei MicroDevice, a semiconductor market projection organization of Japan, and other industries, Samsung Electronics, LG Semiconductiors and Hyundai Electronics have only invested only one third of the amount made last year, which is about 1 billion 500 million dollars. Such investment volume by the domestic companies is a plunge in comparison with 4 billion 900 million dollars in 1996, 4 billion 500 million dollars in 1997. The decline is to due to excessive production in the worldwide D-RAM market, along with the recently hit cold winds of the IMF crisis. There are jitters among industries that the domestic semiconductor industries will shrivel beginning the late terms of 1999, which is when the effects of facility investment is to come to the surface. Japanese companies that put much importance on the non-memory semiconductor sector, has been constantly increasing investment in the non-memory sector. Relatively, the entire amount of their investment in the D-RAM has shrunk and is expected to additionally decrease. An official of the industry said, "It is true that such a decrease in investment of the domestic semiconductor industry was largely effected by the depreciation of the won value, but even when calculated in won, it is at least a decline of over 40 percent." "Such reduction in investment could lead our domestic companies to lose the initiative in the worldwide market in which they are currently in first place.