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To: Johnny Canuck who wrote (32255)	5/14/2001 11:26:03 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68361

May 14, 2001 Taiwan Chip Maker Says Industry Will Remain Sluggish Until 2002 By Terho Uimonen and Peter Stein Staff Reporters of The Wall Street Journal TAIPEI, Taiwan -- Demand for semiconductors will remain sluggish this year, and the industry is unlikely to recover until early 2002, predicts a top executive at a major chip maker. The pessimistic outlook of John Hsuan, the chairman of United Microelectronics Corp., is the first signal from a major chip maker that a recovery in the slumping semiconductor sector may not happen until next year, rather than this year's second half. His comments also reflect the deepening world-wide slump in technology and telecommunications investment. public.wsj.com