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Technology Stocks : C-Cube
CUBE 36.29+1.9%Nov 21 9:30 AM EST

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To: Maya who wrote (45473)9/27/1999 5:07:00 PM
From: Black-Scholes  Read Replies (1) of 50808
 
TSMC Anticipates 80 Percent of Normal Production
Moves by Thursday

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 27, 1999--Taiwan Semiconductor Manufacturing
Company (NYSE: TSM) said at 11:00 a.m. PDT, that the company anticipates 80 percent of
normal production moves for all of its facilities by Thursday Taiwan time.

With TSMC operating at 100 percent of its normal power allocation and unaffected by Sunday
morning's magnitude 6.7 aftershock, wafer shipments have been increasing substantially. Key
vendor teams remain on site and are assisting TSMC personnel with equipment check-out and
repair.

"We have made significant new shipments as a result of today's production moves and expect
continuously increasing shipments from this point on," said Ron Norris, senior vice president of
worldwide marketing and sales for TSMC.

In addition, TSMC's mask shop and test areas are operating at 100 percent of their capability, and
most of the masks broken in the original quake have been replaced.

On another front, TSMC is correcting a weekend press report, quoting TSMC president F.C.
Tseng. In this report, which was subsequently re-published elsewhere, Dr. Tseng was quoted as
saying the company would experience a much more significant and longer term impact to our
operations and customer support. These comments were made in the context of a worst case
scenario should TSMC not get timely support required to operate at full power. However, this
scenario became moot when Taiwan Power restored 100 percent normal power allocation to all of
Hsin-Chu Science-Based Park.


Contact:

TSMC North America
Dan Holden, 408/451-2282
Cell phone: 408/910-1141
dholden@tsmc.com
Chuck Byers, 408/451-2208
Cell phone: 408/691-3833
cbyers@tsmc.com
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