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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: unclewest who wrote (14019)1/22/1999 6:14:00 AM
From: capt rocky  Respond to of 93625
 
sounds like newer smaller applications from hyundai. i'm out'a here.



To: unclewest who wrote (14019)1/22/1999 6:24:00 AM
From: Neil H  Read Replies (1) | Respond to of 93625
 
Friday January 22, 12:27 am Eastern Time

Hyundai eyes $400 mln Rambus chip sales

SEOUL, Jan 22 (Reuters) - South Korea's Hyundai Electronics Industries Co said on
Friday it aimed to sell $400 million worth of Rambus dynamic random access memory
(DRAM) chips this year.

Hyundai said in a statement the figure would represent about a 15 percent share of the global market which has been forecast
to total some $2.6 billion in calendar 1999.

Hyundai also said it would invest $170 million during the first half of this year in the Rambus DRAM production sector alone so
that it can begin mass producing the chips.

Direct Rambus DRAM adopts a memory accelerating technology developed by Rambus Inc (Nasdaq:RMBS - news) which
licenses its technology to almost every major personal computer maker.

Analysts say the chip is considered a lower cost alternative to synchronous DRAM chips with equal or better speed.

Hyundai Electronics is a unit of South Korea's giant Hyundai Group [HYGR.CN] and is set to acquire another Korean
chipmaker LG Semicon Co .