Tokyo-based NKK

08/01/1998

Tokyo-based NKK said its wafer processing facility in Ayase, Kanagawa Prefecture, will be closed by March 1999, and the firm will exit the memory business. The NKK line has a capacity of 6000 200-mm wafers/month, and produces mainly SRAMs with 0.5-?m design rules. The NKK chip business posted a FY97 loss of 14 billion yen, adding to steady losses accumulated since 1993 when the firm made inroads into the business. NKK hopes to sell the Ayase facility.