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

To: DJBEINO who wrote (3883)	9/2/1998 12:16:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

The Japanese TRIO: Hitachi said it will immediately close its IC fab in Irving, Texas, a 20-year-old facility that had been making 256-Kbit SRAM, 4-Mbit DRAM, and the company's H8 line of microcontrollers. Mitsubishi closed an aging plant that had been making 1- and 4-Mbit DRAM and announced its intention to turn the Durham campus into a design, test, and assembly site to serve its U.S. OEM customers' build-to-order demands. The site was to have provided test and assembly for up to 2 million 64-Mbit DRAM chips and as many as 500,000 memory modules monthly. There was new urgency this summer to restructure the corporation after Toshiba reported a $27 million loss for the six months ended March 31, 1998. For the entire fiscal year ending at the same time, Toshiba's profits dropped 89 percent to only $53 million