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Politics : Formerly About Applied Materials

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To: StanX Long who wrote (62047)	3/14/2002 12:42:31 AM
From: StanX Long	Read Replies (1) of 70976

Taiwan's foundries start to hum again By Faith Hung eetimes.com EBN March 13, 2002 (2:05 p.m. EST) TAIPEI, Taiwan -- Taiwan Semiconductor Manufacturing Co. Ltd. and United Microelectronics Corp. said that demand for chips used in PCs and other products are picking up, resulting in higher utilization rates. The utilization rate of TSMC's fabs will top 60% in the three months to March, and the company is likely to raise the 2002 capital spending budget from $1.65 billion set two months ago due to stronger demand, Harvey Chang, chief financial officer of the Hsinchu-based foundry, said at a technology conference in Taipei held by Merrill Lynch. UMC, which controls about two-thirds of worldwide market together with TSMC, also sees its run rates jumping to 55% - 60% in the first quarter, 70% in the second and more than 70% in the second half of this year, according to Peter Chang, a vice chairman of UMC.

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