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


To: StanX Long who wrote (62054)3/14/2002 12:59:45 AM
From: StanX Long  Respond to of 70976
 
Deputy in firing line for chip plant move
-- South China Morning Post, 3/14/2002
e-insite.net

Lawmakers from the Taiwan Solidarity Union have demanded the Vice-Premier, Lin Hsin-yi, step down for what they call an "erroneous" decision to ease curbs on local chipmakers building manufacturing plants in China.

The TSU members also vowed to mobilise more than 20,000 people to stage a protest either tomorrow or on Tuesday to put pressure on President Chen Shui -bian's Government over the decision. They already held a demonstration last Saturday.

"What the cabinet has decided is erroneous because it will cause irreparable damage to our national security and economy," said Hsu Den-koun, the TSU's Legislative Yuan caucus director.

"For this, we want Lin Hsin-yi, who is responsible for this decision, to step down."

Mr Lin was reported as having proposed allowing local semiconductor firms to set up 20cm wafer fabrication plants in China on the grounds that the island already has the technology to build 30cm wafer plants.

The Executive Yuan decided on Friday to ease the curbs on the transfer of the 20cm wafer technology on a "actively open but effectively control" basis.



To: StanX Long who wrote (62054)3/14/2002 1:13:52 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Cymer Ups Q1 Revenue Forecast
Online staff -- Electronic News, 3/13/2002
e-insite.net

San Diego’s Cymer Inc. today said it expects operating results for the first quarter to come in higher than it previously expected, with revenue jumping between 8 percent and 11 percent from the fourth quarter’s $54.8 million.

Last month, Cymer said it expected revenue to increase only 4 percent to 7 percent sequentially. Cymer, which makes excimer light sources, is scheduled to release first quarter financial results April 23.

Revenue is being driven by higher sales of its new light sources, Cymer said, adding that it now expects the first quarter dollar volume of sales of consumables and spare parts to be relatively flat with the fourth quarter.

Cymer said it is also expecting average selling prices (ASPs) to reach about $725,000, up from its previous forecast of $715,000, and gross margins to come in at the 39 percent to 42 percent range, up from its previous forecast of 36 percent to 39 percent.

"Our better than previously anticipated revenue is primarily attributable to technology buys of our new, most advanced products, the twin 4kHz argon fluoride (ArF) and krypton fluoride (KrF) light sources, ongoing orders for which should maintain our book-to-bill ratio at above 1.0 for the quarter," said Bob Akins, Cymer’s chairman and CEO, in a statement. "At this date, sales of spares and consumables -- the growth of which might indicate increasing volume chip manufacturing activity -- are approximately flat with levels in the prior quarter. Our visibility remains limited, but has improved relative to last quarter."