To: Paul Engel who wrote (88998 ) 9/27/1999 2:00:00 PM From: Ibexx Respond to of 186894
Paul and thread, A Bloomberg version of Taiwan recovery: _______ Technology News Mon, 27 Sep 1999, 1:57pm EDT Chipmakers in Taiwan Say They Expect to Return to Full Capacity This Week By Faith Hung Hsinchu, Taiwan, Sept. 27 (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. and other Taiwan chipmakers, many of which supply U.S. firms like Motorola Inc., expect to run at full capacity this week after an earthquake six days ago disrupted production. TSMC, the world's largest chipmaker to customer designs, said electric power at Hsinchu Science-based Park, home of many high-technology companies, has been fully restored since Sunday. ''Our output is recovering faster than we expected,'' said Y. C. Huang, a TSMC vice president. ''None of our clients have canceled orders because demand is at its peak for the year.'' Still, sales this month and October will fall because of the power shortage, Huang said. TSMC plan to reveal the extent of its decline in sales in ''a day or two,'' he said. Many Taiwanese manufacturers halted production Tuesday as an earthquake of at least magnitude 7.3 rattled the island, killing more than 2000 people and disrupting power supplies. TSMC said its two six-inch wafer plants and three eight-inch factories are slated to return to pre-quake production levels late this week. Up to 80 percent of the company's lines are running now, Huang said. Winbond Electronics Corp., which sells computer memory chips to Toshiba Corp., also expects to resume full production this week. ''Orders continue to flood in. We have to produce as much as our clients need,'' said Hander Chang, an assistant vice president. Chang said about half of Winbond's capacity is now operational. The fourth quarter is a traditional busy season for Taiwan's electronics makers, as U.S. computer manufacturers and retailers prepare for the Christmas shopping season. Stocks of TSMC, Winbond and other chipmakers helped drag down the main index by as much as 2.7 percent today to 7755.86, its lowest level in six weeks. TSMC and Winbond were both limit- down 3.5 percent, to NT$134.50 and NT$55.50 respectively. quote.bloomberg.com Ibexx