SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (4343)9/26/2000 12:10:12 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 5867
 
TSMC forecasts 125% growth in foundry revenues this year
Semiconductor Business News
(09/26/00, 10:20:35 AM EDT)

HSINCHU, Taiwan -- With demand for silicon foundry capacity going through the roof, Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) here has raised its forecast for revenues in 2000 to NT$164.9 billion ($5.30 billion), which would be a 125.4% increase from NT$73.1 billion ($2.35 billion) in 1999.

The world's largest pure-play silicon foundry company also estimated its net income for 2000 at NT$64.0 billion ($2.06 billion) vs. NT$24.6 billion ($790 million) in 1999. TSMC released the new sales and profit forecasts this month in compliance with Taiwan's guidelines following the company's acquisitions of Worldwide Semiconductor Manufacturing Corp. (WSMC) and the TSMC-Acer Semiconductor Manufacturing Corp. foundries.

In the first eight months of 2000, TSMC has reported net sales of NT$96.0 billion ($3.01 billion), a 121.6% increase over NT$43.3 billion ($1.39 billion) in the same period last year. August's sales were up 129.3% to NT16.1 billion ($517 million) vs. $NT$7.0 billion ($225 million) in the month last year, said TSMC.

TSMC's largest foundry rival--United Microelectronics Corp. (UMC), also based in Hsinchu--has reported a 240.4% increase in sales to NT62.9 billion ($2.02 billion) in the first eight months of 2000, compared to NT$18.5 billion ($594 million) in the January-August period last year. In August, UMC posted a 290.3% increase in sales to NT$9.8 billion ($316 million) vs. NT$2.5 billion ($81 million) in August 1999.



To: FJB who wrote (4343)10/4/2000 4:03:10 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 5867
 
TI to pour more money into chipmaking plants
By Bloomberg News
October 4, 2000, 12:00 p.m. PT
TOKYO--Texas Instruments plans to invest $2.8 billion to $3 billion in plants and equipment next year to boost the output of chips for mobile phones, according to reports.

The Nihon Keizai newspaper cited comments from TI chief executive Thomas Engibous in an interview in Tokyo.


The chipmaker, which plans to invest $2.8 billion on plant and equipment upgrades this year, will spend more money next year on several projects. These include plans to build a production line to handle larger wafers at a Dallas plant and to invest about $300 million in plants in Ibaraki prefecture, north of Tokyo, and Oita prefecture in Kyushu, Japan's southernmost main island, according to Engibous.

The Dallas-based company will boost production of mobile phone processors and analog microchips because it expects demand for cellular phones to expand next year, when so-called next-generation mobile phones offering high-speed Internet access will be introduced, the newspaper said.

Texas Instruments, whose chips power two-thirds of the world's mobile phones, last month scaled back its forecast for industry-wide handset sales this year from 435 million worldwide to between 400 million and 435 million.

Copyright 2000, Bloomberg L.P. All rights reserved.