| BUSINESSWEEK ONLINE : JULY 26, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- ASIAN BUSINESS
A New Chip Giant SIZE The merger between Hyundai Electronics and LG Semicon creates the biggest DRAM chipmaker in the world, with combined sales of $2.8 billion and global market share of 23%. WORKERS Total employment is 17,000. Hyundai has promised not to cut any LG staff for two years. RESEARCH Combined company will have 3,600 researchers and a budget of $300 million. DATA: COMPANY REPORTS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
RELATED ITEMS Korea's Chaebol: So Much for Reform (int'l edition) TABLE: A New Chip Giant INTERACT E-Mail to Business Week Online | |||||||