Sat, Aug 19, 2000 - Page 18 News List

CMC to ink touch panel partnership

DIVERSIFICATION A new partnership and the release of a personal digital assistant highlight the company's bid to move beyond recordable compact disks

By Thomas Ker  /  CONTRIBUTING REPORTER

"It's good for the company because the growth potential for CD-Rs will be limited in the next few years," said Tsai.

Last week, CMC reported that July sales had fallen 6.6 percent from a month earlier to NT$1.31 billion.

The company is also anticipating earnings per share of NT$6.21 this year and a net income of NT$10 billion.

Last year, the company's net income was NT$7.46 billion, with earnings per share of NT$7.57.

CMC's share price rose 2.34 percent yesterday to NT$65.5.

Its stock turnover of 65.7 million was the third highest in the market and CMC's highest since the middle of June.

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