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

To: StanX Long who wrote (64071)	5/29/2002 1:43:34 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Quanta Denies Report It Plans to Become Top Exporter in China By George Hsu quote.bloomberg.com Taipei, May 29 (Bloomberg) -- Quanta Computer Inc., Taiwan's biggest maker of notebook computers, denied an Economic Daily News report that cited Chairman Barry Lam as saying the company expects to generate more overseas income than any other company in China. Lam didn't meet with officials of the State Council, China's cabinet, last week as the report described, Quanta spokesman Tim Li said in a statement. ``Chairman Barry Lam was in Taiwan last week and didn't address State Council officials,'' he said. Quanta's first-quarter profit rose 21 percent from a year earlier to NT$.3.1 billion after customers such as Apple Computer Inc. and Dell Computer Corp. placed more orders. The shares of Quanta fell as much as NT$4.5, or 4.2 percent, to NT$103.