NEC has unveiled a £202 million investment plan to increase production of DRAM chips at its plants in Hiroshima, Japan and Livingstone in Scotland.
News of its investment in the weak DRAM market surprised the industry because low DRAM prices had been cited by both Hitachi and Mitsubishi as a major factor in their disappointing annual results. NEC said it hopes that the plan would enable it to move from 64Mb chips to 128Mb.
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