(Nikkei BP Group)
(No.1 High-Tech News Site in Japanese)
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| Taiwan Semiconductor Firms Expect Better Outlook in 1999
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August 21, 1998 (TAIPEI) -- Although the semiconductor industry is still
in the ebb of the business cycle, Taiwan manufacturers such as Taiwan
Mask Corp. saw demand pick up recently.
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Taiwan Mask saw significant recovery in its July revenues, and the company's
August revenues are expected to hover around the July level.
The company forecasted that the orders received in the second half of
the year to account for 60 percent of its annual orders.
With a new plant triple the size of its existing factory scheduled to
begin production next year, the company is optimistic about the outlook
of the semiconductor industry in 1999.
The company's annual earnings target is set at NT$556 million (US$16
million), or earnings per share of NT$2.41.
Consumer IC maker Elan Microelectronics saw a decline in earnings this
year due to the overall recession in the electronics industry. However,
the company indicated that the growing demand for chips to provide functions
such as intercession and incoming telephone number display in telephones
has contributed to a recovery in company earnings in recent months.
Company executives said that the electronics industry should be able
to pick up steam next year. The company plans to launch new products
by the end of the year.
(Commercial Times, Taiwan)
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