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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: John McDonald who wrote (5876)	8/26/1999 10:42:00 AM
From: DJBEINO	Read Replies (1) of 9582

Chip prices start to soar in Taiwan Posted 26/08/99 9:18am by Mike Magee Local Taiwanese wires are reporting that component shortages are allowing silicon manufacturers to raise their prices by significant amounts. According to one report, Taiwan Semiconductor Manufacturing Co (TSMC), has announced price hikes of 25 per cent, starting in early September. The company had already warned of earlier price increases of 15 per cent. TSMC is the biggest silicon foundry on the island. Other major Taiwanese foundries, including UMC, are bound to follow suit. Earlier this week, we reported of major shortages in all component sectors. ®

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