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Technology Stocks : Semi Equipment Analysis

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To: Gottfried who wrote (13580)	2/25/2004 10:19:27 PM
From: StanX Long	Read Replies (1) of 95391

Agere foundry supplier still dropping prices, says report Silicon Strategies 02/25/2004, 9:14 AM ET PHOENIX, Arizona -- As communications chipmaker Agere Systems Inc. sheds its own manufacturing capacity, it is not seeing any problems with tightness of foundry supplies, nor with negotiating prices down at one of its foundries, according to a Reuters report that quoted John Dickson, Agere's chief executive officer. Dickson was speaking at the Goldman Sachs technology conference here. Agere's primary foundry partners are Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chartered Semiconductor, the report said. "We have just almost finished a negotiation with one of our foundries that lowers prices to us," the report quoted Dickson, as saying. The report added that Dickson did not specify which foundry, had dropped its prices. TSMC has said that its manufacturing capacity has been running at close to 100 percent for the last few months.

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