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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (14280)	3/31/2004 11:08:30 PM
From: StanX Long	Read Replies (1) \| Respond to of 95735

Wafer Works to issue NT$200 million in convertible bonds; to expand capacity by over 30% Katherine Chiu, Hsinchu; Esther Lam, DigiTimes.com Wednesday 31 March 2004 Taiwan silicon supplier, Wafer Works, announced on March 30 that it will issue unsecured convertible bonds worth NT$200 million to finance equipment expansion at its Taiwan 6-inch wafer plant. The company plans to increase monthly capacity by at least 30% to 250,000 6-inch equivalent wafers from the current 200,000 wafers. Wafer Works will start raising the necessary capital following approval from the Securities & Futures Commission (SFC). Wafer Works declared revenues of NT$1.3 billion, after-tax profits of NT$230 million and NT$1.54 net earnings per share for 2003. Wafer Works: February 2004 revenues (NT$m) Company Sales M/M Y/Y YTD Y/Y Wafer Works 122 3.5% 26.5% 240 32.0% Source: TSE, compiled by DigiTimes, March 2004.