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(No.1 High-Tech News Site in Japanese)

  • Taiwan Semiconductor Firms Expect Better Outlook in 1999
  • 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.
    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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    Updated: Thu Aug 20 18:17:15 1998 PDT