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Petroleum industry

Joint Ventures in Asia: A Glimpse into Growth Opportunities

Strategic Insights

— 1 min read

Matsushita Electric Industrial Co. and Oracle Corp. Japan have teamed up to develop a comprehensive system for bi-directional digital satellite broadcast services in Japan. This partnership showcases the potential for growth and development in the industry. Meanwhile, in Malaysia, Esso Production Malaysia Inc. managing director Terry McPhail praised Petronas for its achievements, highlighting the opportunities for further growth in the petroleum industry.

Key Takeaways:

  • Matsushita Electric Industrial Co. and Oracle Corp. Japan have formed a joint venture to develop a comprehensive system for bi-directional digital satellite broadcast services in Japan.
  • The system will utilize Matsushita's interactive digital broadcast transmission technology and Oracle's database expertise to produce, send, and receive programming.
  • Esso Production Malaysia Inc. managing director Terry McPhail commended Petronas on its achievements, emphasizing the potential for growth in the Malaysian petroleum industry.
  • Malaysia's first commercial integrated circuit wafer foundry, 1st Silicon, is set to begin trial production in July 2000, with a capacity of 30,000 wafers per month when fully operational.
  • The US$951 million semiconductor foundry will be located at the Sama Jaya Free Industrial Zone (SJFIZ) in Kuching, Malaysia.
  • Petronas' achievements have earned praise from its joint venture partners, highlighting the opportunities for growth and development in the industry.
  • 1st Silicon (Malaysia) Sdn Bhd CEO Claudio G. Loddo emphasized the significance of the project, which is expected to contribute to the country's economic growth.

Statistics:

  • The joint venture between Matsushita Electric Industrial Co. and Oracle Corp. Japan aims to develop a comprehensive system for bi-directional digital satellite broadcast services.
  • The system will have the capacity to produce, send, and receive programming.
  • Malaysia's first commercial integrated circuit wafer foundry, 1st Silicon, is expected to begin trial production in July 2000.
  • The foundry will have a capacity of 30,000 wafers per month when fully operational.
  • The total investment for the semiconductor foundry is estimated to be US$951 million.
  • The foundry will be located at the Sama Jaya Free Industrial Zone (SJFIZ) in Kuching, Malaysia.

Sources:

  • Asia Pulse (http://www.asiapulse.com)
  • Matsushita Electric Industrial Co. (TSE:6752)
  • Oracle Corp. Japan (TSE:4716)
  • Esso Production Malaysia Inc. (EPMI)
  • Petronas
  • 1st Silicon (Malaysia) Sdn Bhd

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