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Politics : Formerly About Applied Materials
AMAT 256.89-1.2%Dec 31 3:59 PM EST

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To: StanX Long who wrote (58384)1/4/2002 2:08:02 AM
From: StanX Long  Read Replies (1) of 70976
 
Well it is not that good.

Stan

Friday January 4, 12:32 PM

UMC may delay start of Singapore plant


sg.news.yahoo.com

TAIPEI (Reuters) - Taiwan's United Microelectronics Corp, the world's second-largest contract semiconductor maker, said on Friday it could delay the start of mass production at a cutting-edge plant in Singapore.

"We will continue to build the shell (manufacturing plant building) but the original schedule for moving in equipment was third quarter and we may not be in such a hurry now," said a UMC official in Taiwan.

The caution comes as semiconductor manufacturers struggle to recover from a devastating 2001. The industry is expected to show mild growth this year.

The official said UMC would probably make a final decision on moving in production equipment at the $3.6 billion wafer fabrication facility, or fab, in the second quarter.

UMC shares were unfazed by the news, and were up T$1.90, or 3.87 percent, at T$51.00 by 0311 GMT after their U.S.-listed shares advanced 2.78 percent on Thursday.

The fab, named UMCi, has 30 percent owned by Germany's Infineon and is scheduled to have monthly capacity of 40,000 12-inch silicon wafers per month in its first phase of production.
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