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To: John Rieman who wrote (43977)	8/18/1999 8:40:00 AM
From: Maya	Read Replies (1) \| Respond to of 50808

Sun's multimedia chip: news.com

To: John Rieman who wrote (43977)	8/18/1999 3:55:00 PM
From: DiViT	Read Replies (2) \| Respond to of 50808

Capacity... eet.com TSMC boosts capital spending, considers Euro fab By Mark Carroll and Peter Clarke EE Times (08/17/99, 9:35 a.m. EDT) HSINCHU, Taiwan — In a sign of continuing recovery in the semiconductor market and the foundry business, Taiwan Semiconductor Manufacturing Co. (TSMC) announced plans last week to raise its 1999 capital expenditures by about 10 percent. While the funds will go to increasing capacity at fabrication facilities in Asia, the company is also mulling ways to boost its support for European chip design groups as it considers where, when and how it will offer local manufacturing in Europe. TSMC directors said they plan to raise capital expenditures this year by $128 million, to $1.24 billion. "In addition to the increase of the normal capital budget, TSMC also plans to expedite the expansion of its Fab V facility," a spokesman said. The outlay comes as analysts report the company is running near 100 percent capacity with rising demand. For the month of July, TSMC had sales of $206 million, a 117 percent increase over July 1998 sales. "Sales and income in the second quarter of 1999, in dollar terms, were the best TSMC has ever had," said Boris Petersik, vice president of equity research for Donaldson, Lufkin & Jenrette. "Q1 of 1998 was the previous high tide for TSMC before their slump last year. The first quarter of 1999 saw a turning of the tide. These results show that the upturn is for real." TSMC's board also agreed to increase capital investment in WaferTech, a joint venture in Camas, Wash., with Analog Devices, Integrated Silicon Solutions and Altera, by $2.8 million to $293 million this year. TSMC will invest about $160 million for capital expenditures at Acer Semiconductor Manufacturing Co., to convert the former Texas Instruments-Acer DRAM fab into a foundry company. Another $62 million will go into building the shell for Singapore Semiconductor Manufacturing Co.