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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (22071)	5/21/1999 8:55:00 AM
From: Ian@SI	Respond to of 25960

Nice find that originated with AP... May 20, 1999 Dow Jones Newswires DJ Taiwan Semicon Planning 12" Wafer Plant With Vanguard Dow Jones Newswires TAIPEI -- Taiwan Semiconductor Manufacturing Co. (TSM) is planning to build a 12-inch wafer plant with unit Vanguard International Semiconductor Corp., a spokesperson at the world's largest pure chip foundry said Friday. It will be the first plant that Taiwan Semiconductor will build with Vanguard, a 27%-owned unit that is listed on the island's Over-the-Counter market, the spokesperson said. No other details were immediately available. Local newspapers reported that work on the facility is slated to begin next year, with production expected in 2001. The plant will use leading-edge 0.13 micron manufacturing technology, they added. At 0345 GMT (11:45 p.m. EDT Thursday), Taiwan Semiconductor's stock was trading NT$4.50 (US$1=NT$32.788) higher at NT$115.00 on volume of 49.1 million shares. Memory chip maker Vanguard was trading NT$0.70 higher at NT$25.50 on volume of 5.0 million shares. -By Dermot Doherty; (8862) 2502 2557; ddoherty@ap.org --------------------------------------------------------------------------------