Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cary Salsberg who wrote (50435)	8/12/2001 6:44:02 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 70976

OT Cary, I wear it as a badge of honor; why you have me on Ignore, I have no idea, though it is probably because I disagree with your political views. In any case, it is something I can live with, to put it mildly. Many of the people I am grouped with I have great respect for, namely, Jerome, John Connolly, Lone Star, michael97123, robert b furman, scott_jiminez, and Tito L. Nisperos Jr. How Killer Clown From Outer-Space made the list I have no idea, but he must be one he** of a smart guy to be grouped with us:-) Kind Regards, even if you do not wish the same for me, Brian

To: Cary Salsberg who wrote (50435)	8/12/2001 8:39:57 PM
From: daryll40	Read Replies (1) \| Respond to of 70976

Wow, I did NOT get blackballed by Cary. I guess after pointing this out, I'd DONE!

To: Cary Salsberg who wrote (50435)	8/13/2001 3:50:35 AM
From: Jacob Snyder	Respond to of 70976

August 13, 2001 Taiwan's Tech Sales Fell in July With No Abatement on Horizon By TERHO UIMONEN Staff Reporter of THE WALL STREET JOURNAL TAIPEI, Taiwan -- Sales at most of Taiwan's technology manufacturers continued their downward trajectory in July, as hopes fade for a second-half recovery in the battered sector. The gloomy revenue figures showed that demand remains weak for most technology products, with the island's semiconductor and computer manufacturers bearing the brunt of a slump in global technology spending. While sales at most Taiwan companies were down significantly from a year earlier, which was expected, many analysts searching for signs about which way demand is heading paid more attention to sequential comparisons. In most cases, sales were down from June as well, signaling that the situation has yet to improve. Most publicly listed companies in Taiwan disclose revenue figures on a monthly basis. The news wasn't all bad for Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker and a bellwether for the sector. Although its July sales of 8.6 billion New Taiwan dollars (US$248.2 million) represented a 43% drop from a year earlier, they edged up 1% from those in June. Taiwan Semiconductor's main rival, United Microelectronics Corp., posted July sales of NT$3.9 billion, down 59% from NT$9.3 billion a year earlier and down 8.6% from June. Analysts attributed the difference in the two companies' performance to a collapse in demand for chips used in communications equipment, which make up a higher proportion of total sales at United Microelectronics. In the memory-chip sector, the picture was grim across the board, as pricing for dynamic random access memory chips, or DRAMs, core components used in personal computers and other electronics gear, continued their precipitous fall. Prices have dropped roughly 90% from year-earlier levels, forcing manufacturers to sell chips at below cost. Taiwan chip makers such as ProMOS Technologies Inc., Powerchip Semiconductor Corp. and Winbond Electronics Corp. saw their July sales fall around 70% from a year earlier. The great exception to the slowing trend came from computer-component maker Hon Hai Precision Industry Co., which benefited from the trend among major U.S. and Japanese companies to farm out work to lower-cost producers. The company's July sales jumped 73% to NT$11.7 billion from NT$6.75 billion a year earlier, because of growing orders from key customers such as Apple Computer Inc., Compaq Computer Corp. and Dell Computer Corp., analysts said. Unlike some of their rivals in South Korea and Japan, Taiwan memory-chip makers have yet to announce production cutbacks. Nanya Technology Corp., for example, last week announced that it expects to produce 174 million 128-megabit-equivalent DRAMs this year, up from an earlier projection of 129 million units. "It can't continue like this much longer," said Jih Lien, president of Nanya Technology, referring to the price slide. The company also revised its full-year results estimate to a pretax loss of NT$7.4 billion, from a previously projected NT$2 billion in pretax profit. Notebook-computer maker Quanta Computer Inc. reported healthy revenue growth of 40% from the year-earlier period. Yet Quanta's July sales of NT$8.8 billion were down 15% from NT$10.3 billion in June. PC-maker Acer Inc.'s July sales fell 40% from a year earlier, and 16.6% from June. Write to Terho Uimonen at terho.uimonen@awsj.com