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To: Woody_Nickels who wrote (4521)	1/20/1999 9:48:00 AM
From: DJBEINO	Respond to of 9582

Acer Chip Making Unit Sees Turnaround TAIPEI (Reuters) - Acer Semiconductor Manufacturing Inc, a loss-making subsidiary of Taiwan's Acer computer group, said on Tuesday it expected to make a T$1.0 billion ($30.97 million) profit for 1999, citing an industry recovery. ''This year will be the turnaround year for Acer Semiconductor after two consecutive years of losses,'' the firm said in a statement. Acer Semiconductor, which makes dynamic random access memory (DRAM) chips, has said it posted a loss of over T$5 billion for 1998, reflecting a worldwide DRAM price slump. ($1-32.29 Taiwan Dollar) ''The DRAM market has started to show signs of recovery this year,'' it said. Chaired by Acer group's chief executive officer Stan Shih, Acer Semiconductor has said it was keen to diversify out of DRAM manufacturing and into logic integrated circuits and made-to-order ''foundry'' chip making. Sharp price falls of DRAMs worldwide had led to huge losses for all DRAM makers in Taiwan and many of them were switching to the more lucrative foundry chip making. Acer Semiconductor, formerly a joint venture with Texas Instruments Corp called TI-Acer, was no exception. Acer bought out TI's stake in June 1998. dailynews.yahoo.com

To: Woody_Nickels who wrote (4521)	1/20/1999 9:53:00 AM
From: DJBEINO	Respond to of 9582

Mitsubishi Elec To End Computer Motherboard Production In UK Wednesday, January 20, 1999 TOKYO (Nikkei)--Mitsubishi Electric Corp. (6503) will stop making motherboards for personal computers in the U.K., shutting down motherboard production lines at local subsidiary Apricot Computer Ltd. by the end of March, company officials said Wednesday. The firm will contract out production of the key component, which houses the microprocessor, system memory and other chips. Mitsubishi Electric plans to dismiss 200 local employees, about 40% of the subsidiary's payroll. Apricot has remained in the red since it was acquired by the Japanese company in 1990. Mitsubishi Electric hopes a drastic restructuring will end the chronic losses. Apricot annually fabricates motherboards for more than 100,000 computers, including OEM output, and supplies motherboards for some of the Apricot brand desktop models Mitsubishi Electric markets in Japan. Apricot has been unable to compete on price against Taiwanese and other makers, however.