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To: REH who wrote (12916)	1/12/1999 7:36:00 AM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Ax, Is Fujitsu a partner? Is this RDRAM or DDR I wonder? Fujitsu To Halt Multipurpose DRAM Output Tuesday, January 12, 1999 TOKYO (Nikkei)--Fujitsu Ltd. (6702) plans to withdraw from production of unprofitable multipurpose DRAMs to concentrate on more promising high-performance chips, company sources said Monday. The move is expected to lift Fujitsu's earnings capability. The firm intends to specialize in new DRAMs capable of transmitting much larger amounts of data as well as fast-cycle RAMs, which offer high access speeds and low energy consumption. Both products are intended for use in high-performance computers like servers. Fujitsu is the production leader among the few firms worldwide who make such chips. The shift in production strategy is expected to allow the company to secure stable profits, offsetting the fall in multipurpose chip sales. The plan to reduce multipurpose DRAM production to near zero levels was announced by Fujitsu executives in an October explanatory session held for securities market analysts. The plan was well received, as withdrawal from the unpromising business is expected to improve Fujitsu's profit outlook substantially from fiscal 2000.

To: REH who wrote (12916)	1/12/1999 7:40:00 AM
From: MileHigh	Read Replies (1) \| Respond to of 93625

Ax, This could be another big one! $500M- same amount as in MU. We'll see... -------------------- Intel will invest US$500 million in Hyundai Electronics Industries Jan 12, 1999 - Intel Corp. of the United States will invest US$500 million in Hyundai Electronics Industries, which is to merge with LG Semicon, through equity participation, a Hyundai official said Monday. He said that Hyundai's negotiation with the U.S. semiconductor giant, which has been progressing at a snail's pace, will be completed by the end of March at the latest with the agreement for integration between Hyundai and LG Semicon. Intel will own about a 10% stake in the integrated semiconductor firm, which is to be led by Hyundai Electronics Industries, according to the official. Hyundai also plans to attract up to US$1.5 billion in its liquid crystal display and telecommunications business units. Meanwhile, negotiations for the Hyundai-LG semiconductor merger are dragging, as LG Group has taken a rigid stance on terms. LG is insisting on a guaranteed retention of employees for five to seven years, as well as cash payment for equity in LG Semicon.