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Tokyo, Sep 30, 2001 (EFE via COMTEX) -- Japanese conglomerate Hitachi said it would stop producing dynamic random access memory (DRAM) computer chips because of declining margins, the Sankei daily reported Sunday. Hitachi plans to close its DRAM manufacturing operations in Germany next year and shut down a semiconductor plant in Singapore in 2003.
Hitachi's memory chip losses totaled 95 billion yen ($798 million) during the current fiscal year, Sankei reported. Hitachi is Japan's third-largest semiconductor maker behind NEC and Toshiba, but the company has faced stiff competition from Taiwanese and South Korean producers.
NEC and Fujitsu announced previously that they would cease to produce DRAM chips, while Toshiba said last month that it would cut 20,000 jobs. EFE
Al Massey, Computer Technology Journalist
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