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Politics : Formerly About Applied Materials

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Dec 9 3:59 PM EST

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From: Gottfried	4/26/2001 1:19:00 PM
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"And Now, Some Good News" By Russell Flannery, Forbes Global, 04.30.01 forbes.com excerpt >Morris Chang, the founder and chairman of Taiwan Semiconductor Manufacturing Co. (TSMC), has an upbeat message about the industry's downturn. "I think the bottom will be reached in the April-May time frame," Chang tells Forbes Global in an interview. "The recovery may not be a very swift and brisk one. But I do think that the third quarter [of 2001] will be better than the second, and the fourth will be better than the third." He also predicts that next year will be better than 2001<

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