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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (37687)	10/3/2000 11:26:27 AM
From: Alastair McIntosh	Read Replies (1) \| Respond to of 70976

Brian: It will be interesting to see if a similar situation is in store for the wafer foundries of Taiwan Semiconductor Manufacturing Co., Ltd... Here is TSMC's most recent forecast: TSMC sweetens growth forecast Sep. 29, 2000 (Electronic Engineering Times - CMP via COMTEX) -- 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 $5.30 billion, which would be a 125.4 percent increase from its $2.35 billion total in 1999. The world's largest pure-play silicon foundry company also estimated its net income for 2000 at $2.06 billion vs. $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 $3.01 billion, a 121.6 percent increase over $1.39 billion in the same period last year. August's sales were up 129.3 percent to $517 million vs. $225 million in that month last year, said TSMC. TSMC's largest foundry rival-United Microelectronics Corp., also based in Hsinchu-has reported a 240.4 percent increase in sales to $2.02 billion in the first eight months of 2000. eet.com