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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (124819)	9/26/2000 1:39:13 PM
From: milo_morai	Respond to of 1576865

<font color=purple>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. semibiznews.com Looks good for AMD too! Milo