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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: William Epstein who wrote (7057)	3/11/1999 10:20:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 7841

Seagate Plans $240 Mln China Investment Over 5 Years Seagate Plans $240 Mln China Investment Over 5 Years (Hong Kong, March 11 (Bloomberg) -- Seagate Technology Inc., the world's biggest computer disk drive maker, said it will more than double investment in China, Asia's fastest growing computer market, in the next three to five years. The New York-listed company will invest another $120 million each in its two Chinese factories -- one in Shenzhen, adjacent to Hong Kong, and one in Wuxi, near Shanghai. Its Chinese operations, which cost $90 million to set up, generated $1.6 billion in exports in 1997. ''We are seeing an annual growth of over 15 percent in China