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To: Sam P. who wrote (14892)	2/2/1999 5:45:00 AM
From: Sam P.	Read Replies (1) \| Respond to of 93625

Intel offers Japanese firms funds to make DRAMs .c Kyodo News Service TOKYO, Feb. 2 (Kyodo) -- Intel Corp. of the United States has offered to provide Toshiba Corp., NEC Corp. and Mitsubishi Electric Corp. with funds to boost the production of next-generation dynamic random access memory (DRAM) chips, officials at the Japanese companies said Tuesday. The proposal comes at a time when these leading Japanese chip manufacturers are faced with a slump in their semiconductor businesses, making them cautious about making semiconductor-related investments. This caution has spawned concern about a possible shortage of DRAM chips. An official at Toshiba said the company has yet to make a decision on whether to accept Intel's proposal. ''We are putting the final touches to our investment plan and are considering whether to accept it,'' said the official, who asked not to be named. An official at one of the three Japanese companies said his company is negative about accepting the proposal. ''We'll be unhappy if they intervene in our business, and we can get low-interest loans from banks,'' the official said on condition of anonymity. Intel, the world's leader in the development and manufacture of central processing units for computers, has been trying to make high-speed, next-generation DRAMs that would increase computer speed. Intel has already decided to provide 500 million dollars to Micron Technology Inc. of the U.S. and 100 million dollars to Samsung Electronics Co. of South Korea, mainly through the purchase of convertible bonds issued by the firms. AP-NY-02-02-99 0509EST Copyright 1999 The Kyodo News Service. The information contained in the Kyodo news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Kyodo News Service. All active hyperlinks have been inserted by AOL.