Looks like semi prices are heading up. I bet Xico will spike as well.
quote.bloomberg.com
TSMC to Raise Some Chip Prices 15%-25% Next Month to Boost Profit, CT
Says
By Faith Hung
Taipei, Aug. 25 (Bloomberg) -- Taiwan Semiconductor
Manufacturing Co., the world's No.1 maker of custom-made chips,
will raise prices of some products by 15 percent to 25 percent
starting in September, a move that will boost earnings by NT$3
billion ($94 million) in the second half, the Commercial Times
reported, citing unnamed company sources. TSMC told clients that
it will charge higher prices on flash memory chips, chip-sets and
other products, all of whose demand is rising on the popularity
of mobile phones, computers and consumer electronics appliances,
the paper said. The move is expected to boost TSMC's net profit
margin to more than 40 percent in the fourth quarter from 34
percent in the second, the report said.
TSMC said last month net earnings in the June quarter rose
60 percent to NT$6 billion from a year ago.
(Commercial Times p.3 8/25/99) |
