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  [Page 13 article from the 1998.08.05 issue of Nihon Keizai Shinbun. Translation by J-Tech Translations, 801 Country Place Dr., #109, Houston, TX 77079, Phone: 281-556-1709. Fax: 281-556-5147.]

Abandonment of DRAM Becomes Apparent - Good-bye to Japanese Domestic Production of Next-Generation DRAM

  Background: Major Japanese manufacturers of 256 Mbit next-generation DRAM appear to be significantly modifying their business strategies. This change is due to the huge investment required for DRAM manufacturing equipment. If DRAM is manufactured within Japan, due to great price uncertainty and the high added cost of domestic production, it is highly likely that Japanese manufacturers will not survive worldwide competition.

  Article:  It is highly likely that the 256 Mbit DRAM market will weaken. Although the major volume production time period still lies ahead for 64 Mbit DRAM, the price for 64 Mbit DRAM has already fallen to $8 per chip. It is likely that the price of 64 Mbit DRAM will drop to the $5 range in 1999 due to the disturbing effect of 256 Mbit chips upon the DRAM market.
  However, it appears that the DRAM cost for Japanese DRAM makers is 30% higher than that of US-based Micron Technology (Idaho) and the Taiwan-based makers. It is likely that Japanese makers will be left behind by severe price competition. Naotoshi Akigusa, president of Fujitsu, says that Japanese market strategy will need to change (including business down-sizing) if we assume that the DRAM market will not recover.
  It can be said that this changing strategy is symbolized by the shift in production focus by Hitachi and Fujitsu, since these companies are clearly abandoning production of DRAM within Japan. Hitachi will depend upon the production of high performance microprocessors, the SH series, a core technology for system LSI (Large-Scale Integrated circuits) playing a major role in the era of digital information consumer goods. Fujitsu is able to compete internationally with top class technology in the field of flash memory, etc. Masanobu Ishihara, an executive at Hitachi, says that Hitachi will grow by pursuing technology in which Hitachi excels, while avoiding dependence on DRAM alone.