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To: Woody_Nickels who wrote (4559)	1/25/1999 10:30:00 PM
From: DJBEINO	Respond to of 9582

Hyundai, NEC will share semiconductor technology Jan 26, 1999 - Hyundai Electronics Industries and NEC of Japan have agreed to share their patented technologies on memory chips as a compromise in the patent disputes between the two chip makers, a Hyundai spokesman announced Monday. He said that Hyundai had accepted NEC's proposal to compromise through technology sharing between the two companies after Hyundai won the case it filed in the district court of Virginia on the Japanese maker's infringement of Hyundai's patented semiconductor technology. Analysts forecast that the technology sharing between the two semiconductor giants will greatly increase the pace of advancement in dynamic random access memory chip manufacturing. NEC and Hyundai are the world's second and fourth largest manufacturers of memory chips. The two firms agreed to share all of their memory chip technologies and part of their non-memory chip technologies, the official said. With the compromise, Hyundai has decided to withdraw all six other suits it had filed against NEC in the U.S. court. Hyundai is expected to replace NEC as the world's second largest chip maker as soon as it acquires LG Semicon under the ongoing business swap deals in corporate Korea. The acquisition would give Hyundai control of 15.7% of the global semiconductor market.

To: Woody_Nickels who wrote (4559)	1/26/1999 4:24:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Turmoil at LG continues as workers shut eight fabs By Jack Robertson WASHINGTON -- Workers at all eight of LG Semicon's South Korean fab lines walked off their jobs today in protest against the pending acquisition of the company by Hyundai Electronics Industries Co. If the complete shutdown continued for any length of time the loss of output could reduce the global oversupply of DRAM chips significantly at a time when demand remains strong (see Jan. 25 story). The escalating labor dispute involves workers' demands that Hyundai give them seven-year job guarantees after taking over the LG chip operations. Hyundai has pledged to refrain from any major layoffs after the LG acquisition, but steadfastly refuses to provide such long-term job guarantees. The LG disruptions started last week with only work slowdowns, but escalated Monday when employees at the Chungju fab walked out. The dispute has further stymied talks between the two companies to agree on final terms of the acquisition, including the sticky question of price. Originally the two sides had predicted the purchase deal would be completed by March. However, with little progress in discussions, the union of the two chip operations appeared as deadlocked as ever. semibiznews.com