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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (6491)8/5/1998 5:30:00 PM
From: goldsnow  Respond to of 10921
 
Hitachi To Center 256M DRAM Output In Singapore
10:29 a.m. Aug 05, 1998 Eastern
TOKYO (Reuters) - Hitachi said today it plans to switch the bulk of its
next-generation computer memory chip production to its Singapore plant.

The Singapore plant will handle production of 256-megabit dynamic random
access memory chips (DRAMs) while Hitachi's memory chip plant near Tokyo
will conduct testing, a Hitachi spokesman said.

The Japanese plant, in the company's central production site in Hitachi
Naka City, Ibaraki prefecture, will continue to produce logic chips, the
spokesman said.

Hitachi earlier planned to mass-produce 256-megabit DRAMs at both
plants.

The consolidation of its DRAM output is in line with Hitachi's strategy
of phasing out loss-making domestic DRAM production.

President Tsutomu Kanai earlier said domestic DRAM production would no
longer yield profits for Hitachi amid intensified competition.

Next-generation 256-M DRAMs, the main memory of personal computers (PC),
are expected to be widely used by makers of PCs and precision equipment
from around 2000.

The Singapore plant is a joint venture with Nippon Steel, among others.

Copyright 1998 Reuters Limited



To: Proud_Infidel who wrote (6491)8/5/1998 6:57:00 PM
From: Gottfried  Read Replies (3) | Respond to of 10921
 
Brian, unfortunately some investors are going to switch into "safe"
stocks before and after another down-turn. You know which those are.
The bargain small caps with solid growth and low PE/PSR may remain
bargains forever. :(

Gottfried