Word: semiconductor
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...Unfortunately, diversification campaigns by PC manufacturers often go awry. Taiwan's Acer, for example, was once a well-known computer brand, but the company has faded from prominence and struggled to make a profit despite forays into fields such as semiconductor manufacturing. By entering unfamiliar territory, Legend risks losing focus where it truly matters-PC and server sales contribute 93% of Legend's revenues. At least one industry analyst says the company's strategy has become so diffuse he no longer understands...
...Plenty of problems remain, including bust or near-bankrupt corporate giants such as Daewoo Motor and Hynix Semiconductor. But thanks to restructuring efforts forced by the crisis, the economy is proving to be surprisingly resilient, mature and self-assured?especially so considering that the international investment community classifies Korea as a developing country. Consumer confidence is booming, and a survey of 600 companies last week showed business confidence is at a record high. Stocks seem to be weightless?the benchmark Kospi stock index has soared 75% since Sept...
...would make the outlook for Korea that much brighter. Korea's big electronics exporters will benefit when Americans start buying more cell phones, stereos and fridges, particularly Samsung Electronics whose nifty DVD players are already a must-have item for U.S. consumers. As the world's biggest semiconductor maker, the company would also get a boost from a pickup in the U.S. high-tech sector. Other beneficiaries: the myriad suppliers to Korea's shipbuilders, carmakers and other chaebol exporters. Korea's dependence on the U.S. market has lessened, but it is still a big part of the picture...
Chang has become a sort of Pied Piper of Pudong, the suburban Shanghai business district, luring chip engineers by the dozen from Taiwan. Chang's Semiconductor Manufacturing International has built China's first 8-in. wafer foundry, a $1.5 billion venture that heralds more high-tech Taiwanese investments in the giant next door...
...1850s have, according to a tourist brochure, "mysteriously" disappeared. "One day they just stopped coming," says the temple's custodian. We are standing at the back of the shrine where the view, which once stretched over the vipers' nesting grounds to the mountains beyond, is now blocked by a semiconductor plant. "Yes, it's a mystery," he says, with a wink and a nod toward the factory...