To: Return to Sender who wrote (3197 ) 5/20/2002 4:29:39 PM From: The Ox Read Replies (1) | Respond to Second Quarter Revenues Expected to be Up Approximately 40% on Improved Confidence and Strength from Customer Base "The acceleration in orders, which we began to see in late March, has continued into the quarter," said Chia Song Hwee, senior vice president, CFO & CAO of Chartered. "We are seeing strength this quarter across a wide number of customers, particularly those in our communications and computer segments. Having set a target in April to more than double Chartered's revenues between the first and fourth quarter of this year, this added momentum is very encouraging. A key contributor to this growth is sharply higher shipments of 0.18-micron wafers. With a growing number of customer engagements, we expect that our 0.18-micron revenues will more than double to well over 20 percent of total revenues this quarter and will continue to grow significantly throughout the remainder of the year."
