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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (6940)	2/11/2000 7:39:00 AM
From: Madharry	Read Replies (2) \| Respond to of 9582

It has the potential to go much higher than that.

To: Ram Seetharaman who wrote (6940)	2/11/2000 10:50:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC's January revenue topped NT$6.09 billion Taipei, Feb. 10, 2000 (CENS)--United Microelectronics Corp. (UMC), the world's second largest made-to-order chipmaker, said Thursday its January revenue amounted to NT$6.09 billion, up170% from the same month a year ago. The sharp increase in the firm's sales revenue came after UMC completed the merger with four of its affiliates earlier last month, raising substantially its production capacity, UMC officials said. Analysts predict UMC's February sales revenue should reach about the same level as January, because of the reduced working days for the Lunar New Year holiday, but its revenue will start picking up in March, reaching NT$6.5 billion. Furthermore, UMC is expected to record average revenue of NT$8 billion per month for the second half of the year, according to analysts. For the entire 2000, combined sales revenue for the chipmaker is likely to top over NT$100 billion, they estimate, with an after-tax profit of NT$40 billion or NT$4.40 per share. Meanwhile, UMC said it will also accelerate the upgrading of its manufacturing technology from the beginning of the second quarter. It will start mass fabricating wafers by using 0.15-micron copper-wiring manufacturing technology in April, further boosting its output, while reducing its production costs. The company will upgrade its manufacturing technology to a more advanced 0.13- micron copper-wiring process at the end of the year, the officials said.