UMC (2303) closed @ 53.00 +2.50 vol 100,804,494 +++++++++ TAIWAN WEIGHTED closed @ 5376.12 +187.61 (+3.62%) Day's Range :5206.50 - 5376.12 ++++++++ Taiwan chipmaker Macronix (2337) reported NT$32bn sales in 2000, up 94% yoy. Its net profits expected to be NT$10.5bn, up 1067% yoy, for en EPS of NT$4.25. This company also forecasted NT$9bn sales in 1Q01, up 73% qoq, as the demand remains solid.
+++++++++= It was reported that net foreign capital inflow totaled US$300-500mn since earlier this month, making total net foreign capital inflow so far to exceed US$31bn, an all-time high. ++++++++++++ Taiwan's TWSE Index rose 187.61 to 5376.12, its third gain in four days. TSMC gained 3.9 percent to NT$93 while its rival United Microelectronics Corp. gained 5 percent to NT$53 on hopes a reshuffled cabinet will allow the government to focus on the economy and reduce political friction with opposition parties. +++++++++++= Taiwan Hot Stock: Powerchip Semicon +6.5% On Strong Rev TAIPEI (Dow Jones)--Shares of Powerchip Semiconductor Corp. (Q.PWC), a dynamic random access memory chip maker, were up NT$1.30 (US$1=NT$32.650), or 6.5%, to NT$21.20 on volume 21.55 million shares at 0244 GMT (9:44 p.m. EST Monday) on the company's strong December revenue. Meanwhile, the big board was up 2.4%.
Powerchip posted December revenues of NT$1.93 billion, up 82% from the same month a year ago, the company said in a public announcement Tuesday ++++++++++++ TAIPEI (Dow Jones)--Taiwan Semiconductor Manufacturing Co. (TSM) posted a December revenue of NT$18.3 billion, compared to NT$8.62 billion in the same period last year, the world's largest chip foundry said Tuesday.
For the full year 2000, unaudited revenue totaled NT$166.3 billion, compared to NT$73.1 billion in 1999.
"The overheated situation in the global semiconductor market returned to a more normal pattern (last month). However, wafer demand for (the company's) 0.25-micron-and-below processes continued to increase as a percentage of overall sales," K.C. Chen, TSMC's spokeswoman, said in a release |