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To: DJBEINO who wrote (9008)12/11/2000 7:23:55 AM
From: DJBEINO  Respond to of 9582
 
Taiwan Quakes Cause Minor Damage At Tainan Indus Park

TAIPEI (AP)--A series of earthquakes that shook southern Taiwan early Monday caused brief shutdowns at factories that make computer parts, seismologists and officials said Monday.
The tremors shook buildings and caused shutdowns at the Tainan Science-based Industrial Park, said Lin Wei-cheng, an official at the high-tech park.

Lin said machinery stopped for a few seconds at Taiwan Semiconductor Manufacturing Co. (TSM), the world's largest contractor for computer chips, and at Chi Mei Optoelectronics, which makes liquid crystal displays.

Officials at the two companies couldn't be immediately reached for comment.

Tainan, Taiwan's fourth-largest city, is about 200 kilometers (124 miles) southwest of the capital, Taipei. [Taipei=where the UMC FABS are]

The first quake early Monday was the strongest, with a magnitude of 5.3. The tremor was followed by two others - with magnitudes of 4.6 and 4.8 - in the same general location, about seven kilometers (4.2 miles) west of Tainan.

A 5-magnitude quake can cause considerable damage.



To: DJBEINO who wrote (9008)12/11/2000 7:25:33 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
CSMF.SI closed @5.950 +0.350 +6.25% 16,361,000



To: DJBEINO who wrote (9008)12/12/2000 2:06:08 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
UMC (2303) closed @ 53.00 +1.00 vol 59,257,702 3rd most active
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TAIWAN WEIGHTED closed @ 5380.09 +95.68 (+1.81%)
Day's Range :5320.61 - 5403.14
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Taiwan government will likely lift the ban on investing in the upstream petrochemical sector, 8-inch wafer plants and high-end computer factories in China, says the United Daily News. The Ministry of Economic Affairs is expected to wrap up the study on restrictions on China investment by end of December.
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The world's second-largest chipmaker (UMC) on a made-to-order basis will build its first factory in Singapore, the company said, refusing to reveal further details.
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TSMC (2330, 19.49% weighting in MSCI Taiwan Index on Dec. 8, adjusted beta 1.10; free float -- approximately 60%) UMC (2303, 11.04%, adjusted beta 1.15; free float -- approx. 89%)