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To: Chas who wrote (45788)	5/13/1999 11:02:00 PM
From: Fabeyes	Respond to of 53903

This has been stated before: it is a war out there. No one will come out the same. There could be a change in the top three. The Koreans have "smelled blood" and are going for it. Look at Samsung, 2 billion dollars for equipment; that would buy two fabs fully loaded. Hyundai has ordered several of ASML's new Step & Scan /7000. They need that to produce .13 and below in a type of quantity. As for stopping the free fall, time is the only thing, I see right now. It is going to be a long, hot summer. What I wonder about is MU losing money how will the stockholders and BOD react? Any ideas on this?

To: Chas who wrote (45788)	5/14/1999 12:05:00 AM
From: DJBEINO	Respond to of 53903

Hyundai's labor woes with LG Semicon may not be over yet A service of Semiconductor Business News, CMP Media Inc. Story posted 3:45 p.m. EST/12:45 p.m., PST, 5/13/99 SEOUL -- The continuing efforts to integrate LG Semicon Co.'s semiconductor operations into Hyundai Electronics Industries Co. are still having trouble, according to reports that surfaced in Korea over the past two days. One report in a local newspaper said that two weeks ago, LG fab workers threatened to strike again over the merger, as they had earlier, but then backed down. An LG union emergency council was demanding further job security guarantees after the chip merger is finalized about June 30. An LG Group spokesman said there was some worker dispute, but the matter has been resolved. LG fab workers went on strike for 15 days to protest the pending merger (see Jan. 22 story). They came back to work after LG Semicon paid a six-month salary bonus for compensation in the transition into a new merged company. Hyundai Electronics has also promised a two-year, no-layoff guarantee after the merger is completed. Analysts and competitors have speculated that the Korean chip merger could face a daunting challenge in bringing the two former bitter rivals together (see story in the Jan. 15 publication of SBN). Besides labor issues, the two companies face technological and operational hurdles to meshing the two organizations. --Jack Robertson