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Technology Stocks : C-Cube
CUBE 37.00-0.2%3:59 PM EST

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To: DiViT who wrote (25487)11/19/1997 5:42:00 PM
From: John Rieman  Read Replies (2) of 50808
 
After a few fires, you'll need a license to buy one. Tiawan Semi out-put to see huge growth........................................
(Fire safety devices might see growth too)..............

techweb.cmp.com

Story posted at 2 p.m. EST/11 a.m. PST, 11/19/97

ITRI predicts 43% growth for Taiwan
semiconductor industry next year

TAIPEI, Taiwan -- Taiwan's semiconductor industry remains robust, with the island's total IC production expected to grow by about 43% in 1998, according to figures released at a press event held today by the government-sponsored Industrial Technology Research Institute (ITRI), based in Hsinchu.

In total, ITRI projects Taiwan's IC production to grow from $3.95 billion in 1996 to $4.9 billion in 1997, and then to about $7 billion in 1998. The island's total IC production is projected to hit $9.8 billion by 2000.

Taiwan's IC growth in 1998 will come from both DRAM and wafer foundry business, said Alfred Wang, who works in the planning department at ITRI. At present, Taiwan's wafer foundry and DRAM businesses each make up 40% of the island's total IC output, Wang said.

"In 1998, we expect total foundry sales in Taiwan to grow by 25% to 30%, while DRAM revenues [on the island] will grow by 20%," Wang added.
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