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Technology Stocks : C-Cube

CUBE 36.94

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Dec 1 3:59 PM EST

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To: DiViT who wrote (44091)	8/27/1999 10:33:00 AM
From: BillyG	Read Replies (1) of 50808

August 25, 11:00 pm ET - Taiwan Semicon Hiking Foundry Prices (Reuters) - Microchip giant Taiwan Semiconductor Manufacturing Co on Thursday said it was hiking some of its foundry prices to cope with rising demand. They are only raising foundry prices on certain products, according to Taiwan Semicon's public relations manager. Taipei's Economic Daily News on Thursday said Taiwan Semicon was hiking its foundry prices by 15 to 25 percent for all its clients. Taiwan Semicon, a global leader in made-to-order "foundry' chipmaking, had said that its cumulative January-July sales were up 19.6 percent from the same 1998 period. The firm's capacity was again fully utilized in July as a result of continued growth in the semiconductor industry, officials said. To obtain new capacity to cope with rising demand, Taiwan Semiconductor in June bought a 30 percent stake in Acer Inc's loss-making memory-chip unit, Acer Semiconductor Manufacturing, securing management rights in the process.

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