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DRAM manufacturer to expand facilities investment in 2003


Monday, December 2, 2002 DRAM manufacturers will aggressively expand facilities investments in 2003 despite experiencing losses in 2002.

DRAM makers are expected to expand facilities investments by an average 25% in 2003. Samsung Electronics Co, Ltd is set to invest US$2.5 billion, while Infineon Technologies AG and Micron Technology Inc plan to make facilities investments of US$1 billion each.

The investment expansion is deemed as a strategic move to expand production capacity in preparation for the latter half of next year, during which industry watchers estimate that DRAM sales will take off.

By: Docmemory
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