Siemens, Motorola plan U.S. chip plant; site will produce DRAMs, to meet hot demand amid rising PC sales

Article Abstract:

Siemens AG and Motorola Inc announced plans to jointly construct and operate a $1.5 billion semiconductor factory at a yet-to-be determined US site. The factory will be a fully integrated operation with facilities for design, fabrication and testing. It will manufacture dynamic random access memory (DRAM) chips. About 80% of the world's DRAM production goes into PCs. The market for DRAMs has exploded recently in conjunction with rising PC sales. Analysts predict that demand for DRAMs will grow faster than manufacturers are able to produce them. The Siemens-Motorola plant will manufacture 256MB DRAM chips. The DRAMs were developed jointly by Siemens, IBM and Toshiba. The plant will employ between 1,200 and 1,300 people. Locating the plant in the US is part of Siemens' strategic decision to locate chip manufacturing facilities outside of Germany and Austria. Motorola has a history of forming alliances with other companies for semiconductor factories to help defray the high costs.

Semiconductors and related devices, Semiconductor and Related Device Manufacturing, Random Access Memory Circuits, Semiconductor industry, Product development, Company investment, Investments, Contracts, Manufacturing, Motorola Inc., MOT, Siemens AG, RAM (Random access memory), Cooperative agreement for product development, Alliances and partnerships, Dynamic random access memory, DRAM (Dynamic random access memory), DRAM

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Technology forecasters see a world of 'virtual' conferencing by business

Article Abstract:

Technology will change the way business gets done and technology itself should become easier to manage, according to experts at the 1995 European Chairmen's Symposium. Video conferencing will replace a great deal of business travel as the technology becomes available globally. This change should occur by the year 2000. Telecommuting has taken root in the US and may be a standard way of doing business by 2000. Further in the future, experts see global corporations being run out of a home. Quantum computers will handle vasts amount of data and will threaten currently unassailable security codes. Voice recognition software may eliminate the need for human word processing and produce completely accurate documents. Communication across the Internet already allows one individual to propose a product and another person to develop the finished product, creating shareware and employing a totally new method for doing business.

Technology & Information, Administration of General Economic Programs, Forecasts and trends, Technology overview, Technology, Information Explosion, Technology Information

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Madrid exchange forges alliance with Latin Bolsas

Article Abstract:

The Madrid Stock Exchange and six other stock markets in Latin America are forming a major trans-Atlantic alliance that would directly link the largest firms in Latin America with European investors. Madrid is hoping to begin trading up to 15 companies in a special stock segment for the top firms in Latin America by the end of 1998. Madrid has held discussions with several Spanish firms that have holdings in Latin America.

Comment:

Madrid Stock Exchange and six other stock markets in Latin America forming a major trans-Atlantic alliance

Securities and Commodity Exchanges, Company Planning/Goals, Securities Exchanges, Spain, Alliances, partnerships, Exchanges, Bolsa de Madrid, Article

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