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Wed, Aug 22, 2001 - Page 18 News List

TSMC shares rise, banks falter

MIXED DAY The chipmaker pulled the TAIEX up while lenders struggled after the government said that non-performing loans rose to a record high in the second quarter

BLOOMBERG , TAIPEI

Meidatek Inc (聯發科技) rose NT$6, or 1.5 percent, to NT$408. Deutsche Securities, which has a ``buy'' recommendation on the stock, expects the seller of chipsets for optical disk drives to increase its global market share to 45 percent in 2003 from an estimated 36 percent this year.

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