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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Duker who wrote (2678)	3/26/1999 8:34:00 AM
From: Duker	Respond to of 5867

An interesting post from Henry Eichorszt over at the Evil Empire thread on 300mm ... From: Henry Eichorszt Friday, Mar 26 1999 6:48AM ET Reply # of 29227 UMC to Build 12-Inch Wafer Plant in Tainan Park March 26, 1999 (TAIPEI) -- Taiwan semiconductor giant United Microelectronics Corp. (UMC) has decided to build a 12-in. wafer plant in the Tainan Science-based Industrial Park instead of the originally planned 8-in. plant. This will be UMC's first plant in the new park. A UMC executive points out that his company has received a great number of orders for 12-in. wafers for April and May, and the situation is expected to last into June. It is hard to forecast third-quarter performance, but the second half of the year is likely to be better than the first half, according to the executive. The Tainan Science-based Industrial Park is now under construction in southern Taiwan, where most big shots in the local high-tech industry are building factories. UMC said it has no plans for other new plants in the near future, as it just purchased the Japan-based Nippon Steel Semiconductor Corp. last year, and as its own factory number five is currently under construction. Nippon Steel Semiconductor used to concentrate its operations on dynamic random access memory (DRAM) making, but since being merged with UMC, the company has become more involved in the making of logic integrated circuits (IC). The company currently produces 2,000 logic ICs each month. With orders moved from UMC's Taiwan plants, this figure is expected to reach 6,000 units by the middle of this year. By the third quarter, the company's combined output of DRAM and logic ICs is estimated at 12,000 units. In a bid to upgrade manufacturing technology, UMC plans to purchase new semiconductor production equipment in early 2000. (Commercial Times, Taiwan) <Visit News Center for more Asian news.> ------------------------------------------------------------------------ Copyright © 1997-99 Nikkei BP BizTech, Inc. All Rights Reserved. Updated: Thu Mar 25 18:54:40 1999 PDT

To: Duker who wrote (2678)	3/26/1999 8:38:00 AM
From: Duker	Read Replies (1) \| Respond to of 5867

Lam Research Corporation Increases Installed Base of Metal Etch Systems at Cypress Semiconductor High-Density Metal Etch System Selected to Increase Production at Cypress Fab IV FREMONT, Calif.--(BUSINESS WIRE)--March 26, 1999-- Lam Research Corporation (Nasdaq/NMS:LRCX - news), a leading supplier of wafer fabrication equipment to the worldwide semiconductor industry, today announced a commitment by Cypress Semiconductor Corporation (NYSE:CY - news) to purchase its high-density metal etch system. The system will be installed at Cypress's high-volume Fab IV in Bloomington, Minn. where the company manufactures next-generation SRAM, data communications and timing devices. ''By partnering with Lam, we have raised the reliability of our metal etch applications to world-class levels,'' said Chris Seams, vice president of Wafer Manufacturing at Cypress Semiconductor. ''Our sizable installed base of Lam metal etch systems combined with their excellent service and support will enable Cypress to quickly ramp up for the increased demand we have for 0.25 micron devices.'' ''We are pleased that Cypress has selected Lam to provide leading-edge products and services in order to meet their increased production requirements,'' stated Dave Bayly, Lam's vice president of North America and Europe sales and field operations. ''Lam is committed to delivering world-class solutions to our growing installed base at Cypress and achieving our vision of being number one in customer trust,'' said Bayly. Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world's semiconductor industry. Lam's headquarters are located in Fremont. The company's common stock trades on the Nasdaq National Market under the symbol LRCX. Lam's World Wide Web address is lamrc.com. Cypress Semiconductor Corporation is an international supplier of high-performance circuits with worldwide headquarters in San Jose, Calif. The company provides a broad range of products for leading computer, networking, and telecommunications companies worldwide. The company's product line includes static RAMs, high-speed PROMs, and specialty memories; programmable logic devices (PLDs); data communications products; and timing devices and USB microcontrollers. Cypress shares are listed on the New York Stock Exchange under the symbol CY. The company has a site on the World Wide Web at cypress.com. ''Safe Harbor'' Statement Under the Private Securities Litigation Act of 1995: This press release contains certain forward-looking statements which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to anticipated product shipments under existing commitments or future orders, shipment schedules, the prospective demand for the company's products, acceptance and competitiveness of the company's products and market transition to new processes. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, such as a continued downturn in the semiconductor equipment market affecting existing commitments or orders and shipment schedules, and other risks detailed in documents filed with the Securities and Exchange Commission, including specifically the report on Form 10-K for the year ended June 30, 1998, and the Form 10-Q for the quarter ended Sept. 30, 1998. The company undertakes no obligation to update the information in this press release. -------------------------------------------------------------------------------- Contact: Lam Research Corporation, Fremont Lisa Garber, 510/572-4538 (Corporate Communications) lisa.garber@lamrc.com Kathleen Bela, 510/572-4566 (Investor Relations) kathleen.bela@lamrc.com www.lamrc.com or Cypress Semiconductor Corporation, San Jose Chris Seams, 408/943-2650 (Wafer Manufacturing)