NEC to Expand U.S. Production: Computer maker NEC Corp. plans to increase its production of DRAM semiconductors in the United States within a year in an effort to reduce costs, officials said. NEC, which has more than half of Japan’s personal computer market, will boost production of 16-megabit DRAMs, or “dynamic random access memory” chips, to 1.5 million a month at its plant in Roseville, Calif. The move will put half of NEC’s DRAM production in the United States, company spokesman Mark Pearce said. Rising personnel costs and the strong Japanese yen have made manufacturing costs higher in Japan than in the United States.
From Times Staff and Wire Reports