Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: charles j. aaron who wrote (4029)	9/25/1998 12:27:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Chipmakers To Cut 64M DRAM Output 30% By Spring '99 TOKYO (Nikkei)-Japan's five memory chip manufacturers will by next spring reduce domestic production of 64-megabit dynamic random-access memories by about 30% from levels initially planned, which would leave their monthly output in Japan at a total of 35 million DRAMs, sources at the companies said Thursday. The firms have been losing money on their DRAM manufacturing operations due to the collapse in chip prices that began early in 1996. None of them currently plan to increase production in fiscal 1999 or later. Mitsubishi Electric Corp. (6503) will cut domestic 64M DRAM output 10% to 4.5 million units by next spring. The company has been consigning production to Taiwanese firms and will give them more work if demand rises next year. NEC Corp. (6701) will slash output to 10 million chips from 15 million. Toshiba Corp. (6502) will reduce production to 7 million chips from 10 million. Managing Director Koichi Suzuki said, "Profitability of the DRAM business is on the decline and the company plans to cut production in value terms toward the year 2000." "Prices of 64M DRAMs may fall to $5-6 per unit next year, from $8-9 at present," said one executive at a major manufacturer. But the production cost of chips produced in Japan probably won't drop much below $8 despite serious cost-cutting efforts, industry analysts said

To: charles j. aaron who wrote (4029)	9/25/1998 12:52:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

"The main interest in memory continues to be in the high end product such as synchronous DIMMS and SODIMMS. Requirements on 16 MEG EDO DRAM along with SIMMS built with the same product have increased slightly over the last 48 hours." according to AICE Cirrus Logic (CRUS) 7 5/16 -3/8: chip maker forecasting break-even Q2 earnings, on revenues of $160-$170 mln; based on current estimates, CRUS was expected to lose $0.02 a share for the qtr vs a yr-ago profit of $0.13; also announces plan to cut 400-500 jobs and to cut wafer fabrication capacity by 70%