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 : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (40264)	10/22/1998 11:01:00 PM
From: DJBEINO	Respond to of 53903

Fujitsu reportedly to close 1 domestic DRAM line, change ops at U.S. plant TOKYO (AFX-ASIA) - Fujitsu Ltd is to close a dynamic random access memory (DRAM) microchip production line at its Iwate plant, the Nihon Keizai newspaper reported. It will also halt DRAM production at its Oregon plant in the U.S. to produce specialty non-memory chips, the report added. The company aims to restore profitability to its DRAM production by the year to March 2000, it reported, adding by the year to March 2001 Fujitsu should generate a 10 pct operating profit margin. The Oregon plant, meanwhile, produces 64M DRAM microchips at a rate of 3 mln units a month. With the investment of a further 10 bln yen, Fujitsu plans to start production of system large scale integrated (LSI) microchips and other specialty items at the U.S. facility, it reported. At present, DRAM production accounts for 20 pct of Fujitsu's microchip output, which will be cut to 10-15 pct with these changes, it reported. At its Iwate plant, Fujitsu operates three lines and plans to close the oldest of the three, the newspaper reported. Fujitsu's microchip division has lost 50 bln yen a year since the year to March 1997.