Fri, Oct 20, 2000 - Page 17 News List

TSMC's growth prospects still strong

EARNINGS Revenue and profit growth for the chipmaker next year may weaken, but profit margins should improve because of plans to increase operating efficiency

By Thomas Ker  /  CONTRIBUTING REPORTER

With its diversified client and product base and reduced risk from a downturn in any one sector, TSMC's Chang expects demand to remain solid and the company's utilization rate to stay above 100 percent in the fourth quarter.

Nevertheless, when asked about the degree by which demand now exceeded capacity supply, Chang would provide no figure. TSMC reportedly said during the second quarter that orders at the time exceeded capacity output by 40 percent.

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