Nice market, we'll take it

Article Abstract:

Taiwanese companies are investing heavily in semiconductor production, and Taiwan looks set to increase its stake in the market from 9% to over 15% in the year from Jul 1998. Chip prices have dropped as a result of the Asian financial crisis, and some Taiwanese companies have scaled back investment plans. Slumps lead to reductions in capacity, and Taiwanese companies hope to benefit when demand recovers Taiwanese companies are able to carry out logic chip foundry work in difficult times, and move capacity into making memory chips when there is a shortage.

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The bigger bully

Article Abstract:

The restructuring of South Korean conglomerates (chaebol) is being carried out by President Kim Dae Jung, who sees the chaebols expansion and debts as having led to economic problems. The government aims to tackle overcapacity and debt and wants mergers to take place. LG is under pressure to merge chip operations with Hyundai. Both initially agreed to this merger, but LG then baulked at the terms which involved Hyundai holding a 70% stake in the new company.

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A giant sucking sound

Article Abstract:

Developments affecting the Chinese semiconductor industry are examined in detail.

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