What was the nature of Osrams additional 20 billion won investment last year?
We built an extension in the neighborhood of our existing factory in Ansan, and will bring in a new production line this year to make a high-tech lamp for use in semiconductor production. It’s not a mass-production item, but the industry requested us to localize the production of this lamp in Korea to be independent of foreign exchange rate shifts and other risks. Also, we will install a state-of-the-art mass-production line for our T8 fluorescent lamp in 1999. A typical Korean production line produces 1,200 lamps per hour; this will produce 6,400 per hour. What is your involvement in the domestic market? We have 18 to 20 percent of the domestic market selling 800 products in Korea out of 5,000 made by Osram worldwide. Of those 800, we make 100 here. The remainder we import from our factories in the U.S.A., Europe and Brazil. As a global player we are not only in the domestic market, but the reason we are here is there is a big market for fluorescent lamps, and in this region you need