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

To: Kirk © who wrote (43333)	3/8/2001 3:40:37 PM
From: Proud_Infidel	Respond to of 70976

TSMC, UMC report foundry sales dive in February from January Semiconductor Business News (03/08/01 07:51 a.m. PST) TAIPEI, Taiwan -- Silicon foundry revenues in Taiwan plunged in February as demand for process wafers slowed in the midst of the semiconductor downturn, based on monthly sales reports released by the world's top two foundry suppliers. Taiwan Semiconductor Manufacturing Co. Ltd., the world's largest pure-play foundry company, said its revenues drop 28% to NT$11.61 billion ($360 million) in February from NT$16.16 billion ($510 million) in January. On a year-to-year comparison, TSMC's February sales were 28.8% higher than NT$9.02 billion ($280 million) in February 2000. Also today, United Microelectronics Corp. (UMC) reported its revenues dropped 21% to NT$7.50 billion ($230 million) from NT$9.51 billion ($300 million) in January. Compared to a year ago, UMC's February sales were up 18.6% from NT$6.33 billion (200 million) in the same month in 2000. A spokeswoman for TSMC said long-term forecasts from foundry customers and inventory reports indicate that the semiconductor markets will continue to struggle with low demand during the first quarter of 2001. Overall, TSMC estimates that its sales will decrease sequentially 26% from the fourth quarter of 2000--which is about 1% lower than its previous forecast. The spokesperson said the overall industry cycle is expected to "trend upward gradually" in the second half of this year. For the first two months of 2001, TSMC's revenues totaled NT$27.77 billion ($870 million), an increase of 51.4% from NT$18.35 billion ($570 million) for the January-February period in 2000. UMC's sales in the first two months of 2001 are up 37% to NT$17.01 billion ($530 million) compared to NT$12.42 billion ($390 million) in the same two months of last year.