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To: Thomas G. Busillo who wrote (43222)2/25/1999 10:18:00 AM
From: DJBEINO  Respond to of 53903
 
02-26-99 Hyundai Electronics forges strategic alliance with NEC

Hyundai Electronics Ind. Co. said yesterday it has forged a strategic alliance with NEC, a leading Japanese electronics and chip manufacturer, in the advanced semiconductor sector.

Under the partnership, the two firms will make joint efforts in the development, production and sales of Virtual Channel Synchronous DRAM chips, which are expected to replace existing SDRAMs soon.

Hyundai officials said the two firms will begin exchanging technical information on the new SDRAMs after finalizing details of the tie-up sometime this month.