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Business

Foreign business news in brief

Foreign business news in brief including Michelin#8217;s big plans for Shanghai deal, ING set to score a first in China, Hynix to spend US$100m on US facility. and Boeing resumes work on jetliner.

Business

Sony to invest US$1.7bil in new chips over three years

Sony Corp, the world#8217;s largest consumer electronics maker, plans to spend 200 billion yen (US$1.67bil) over a three-year period on new chip production facilities for cutting-edge 300mm wafers.

Business

AMD Penang invests US$1mil in new flash memory chip production

AMD Penang has invested US$1mil in the production of flash memory units under a new brand name, I>Spansion,/Iat its facility in the Bayan Lepas free industrial zone.

Business

Globetronics still on expansion trail

GLOBETRONICS Technology Bhd, in line with its business strategy to maintain its status as a regional player in the integrated circuit (IC) chip industry, will continue to explore possible sites around the world to establish chip production facilities.

Business

Taiwanese chip giant TSMC says its plants are running at full capacity

Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said Friday its plants are humming along at full capacity but the company isn't turning away customers.

Business

Foreign business news in brief

News briefs, including from Singapore that StarHub Ltd, Singapore#8217;s second largest phone company, has raised S$457.7mil from its initial public share sale, bankers involved said.

Business

Samsung-Apple talks on joint flash memory chip production break down

SEOUL, South Korea: Samsung Electronics Co.'s talks with Apple Computer Inc. on a possible joint investment to produce NAND flash memory chips have broken down, Samsung said Monday.

Business

Growth still possible in semicon sector

NOT all local companies supplying equipment to the semiconductor industry have reduced their focus on that business.

Business

Hynix to invest US$230mil in China

South Korean chipmaker Hynix Semiconductor said yesterday its board has approved a plan to invest US$230mil in expanding operations in China this year.

Letters

Manage waste materials properly

From CHERYL RITA KAUR, Kuala Lumpur