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March 25, 1996

NEWS IN BRIEF

By CBR Staff Writer

America Online Inc is reportedly considering New Orleans a contender for a computer customer service center that might provide 1,000 new jobs and $40m for the local economy.

Intel Corp says it plans to build its eighth manufacturing line in a new building in Penang next year, setting it back a total of $500m.

Silicon Graphics Inc says that, depending on available cash levels, it may borrow up to $150m to complete financing for proposed acquisition of with Cray Research Inc.

Apple Computer Inc has eased the pain caused by its lay-offs in Cork by rehiring 50 temporary workers to help it meet its delivery schedules.

Hewlett-Packard Co intends to open a wholly-owned subsidiary this month in Ho Chi Minh City, Vietnam.

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