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Politics : Formerly About Applied Materials

AMAT 267.87

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Dec 5 9:30 AM EST

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To: Proud_Infidel who wrote (34619)	3/22/2000 4:21:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

TSMC begins to stretch lead in foundry business Semiconductor Business News (03/22/00, 01:43:48 PM EDT) HSINCHU, Taiwan -- During the first two months of 2000, the combined revenues of the world's two largest dedicated silicon foundry companies here were up 159%, compared to sales totals from January and February last year. Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) has reported sales growth of 142.6% to NT$18.35 billion ($596 million) in the first two months of 2000 compared to $NT7.56 billion ($246 million) last year. Cross-town foundry rival United Microelectronics Corp. (UMC) has posted a 187.5% increase in revenues to NT$12.42 billion ($404 million) compared to NT$4.32 billion ($140 million) last year. TSMC has significantly increased its capital spending plans in 2000 to ward off a challenge from UMC, which had narrowed the revenue gap between itself and the world's largest foundry in 1998 and 1999. TSMC has earmarked $4.7 billion in capital spending this year--an increase of 185% from 1999. Last fall, UMC set its capital spending at $2.4 billion this year, up 41% from $1.7 billion in 1999 when the company just barely outspent TSMC in plant investments. It appears that TSMC is pulling away from UMC, in terms of total revenues. The gap between TSMC and UMC now stands at NT$5.93 billion ($193 million) for the first two months of 2000 vs. NT$3.24 billion ($105 million) in 1999.

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