Monday, March 17, 2003
ProMOS Technologies Inc is Taiwan's second-largest maker of memory chips for personal computers. According to the Vice President Albert Lin , the company will allocate about US$100 million to capital spending,. It accounts for half of last year's budget and a third of what the company estimated in January it would spend.
The company was the second of five memory-chip makers in the world to operate plants using advanced technology that doubles the number of chips made from one silicon wafer. The spot price of a benchmark 256MB memory chip fell to US$3.27 yesterday from a 12-month peak of US$8.88 on Nov. 4. Still, ProMOS plans to increase output by as much as 65 percent this year.
Powerchip Semiconductor Corp said it may also delay expansion plans. Samsung Electronics Co spent US$2.6 billion last year to increase production of computer memory chips and so-called flash memory chips used in mobile phones and other hand-held products.
By: DocMemory
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