Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 230.38

+0.7%

12:51 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (32534)	9/21/1999 2:37:00 PM
From: Duker	Read Replies (2) of 70976

TSMC Initial Assessment Indicates Minimal Wafer Loss Company Press Release SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 21, 1999--Taiwan Semiconductor Manufacturing Company (NYSE: TSE - news) said at 11:00 a.m. PDT, that a very preliminary analysis following yesterday's earthquake indicates the company may experience a wafer loss for the month on the rough order of about 10 percent. This is not a definitive assessment. Recovery to normal operations will be a gradual process over the next several days. The Hsinchu Industrial Park, where TSMC and several other major foundry companies are located, is still without normal electrical power. ``We will work very hard to give our customers as much information as possible, as frequently as possible,' said Ron Norris, senior vice president of worldwide marketing and sales for TSMC. ``We are doing everything possible to minimize the impact of this event to our customers.' TSMC reported earlier that the company's buildings, HVAC systems, water distribution, power distribution, computer and network systems all successfully withstood the effects of the magnitude 7.6 earthquake. All employees are safe and the facilities are operating on stand-by power.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next