1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2003
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No. 8, Li-Hsin Rd. 6,
Science-Based Industrial Park,
Hsin-Chu, Taiwan
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F _______
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes _______ No X
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(If "Yes" is marked, indicated below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82: _______.)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Taiwan Semiconductor Manufacturing Company Ltd.
Date: September 9, 2003 By /s/ Lora Ho
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Lora Ho
Vice President & Chief Financial Officer
TSMC August 2003 Sales Hit Record High
Hsinchu, Taiwan, September 9, 2003 - Taiwan Semiconductor Manufacturing Company
Ltd. ("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM) today announced that net
sales for August 2003 totaled NT$18,317 million, reaching a new historical
record high. On a month-over-month basis, August 2003 net sales increased 3.8
percent from July 2003 sales. Compared to the same period a year ago, August
2003 net sales increased 35.2 percent. Revenues for January through August 2003
totaled NT$125,213 million, an increase of 17.0 percent over the same period in
2002.
Ms. Lora Ho, TSMC spokesperson and vice president, noted that the Company's
August 2003 sales revenues increased as a result of higher wafer shipments
compared to July 2003. In addition, on a sequential basis, TSMC's wafer
shipments in the third quarter of 2003 are expected to be slightly higher than
the five to nine percent range noted in the Company's previous third quarter
2003 guidance.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2003/(1)/ 2002 Growth
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August 18,317 13,544 35.2%
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January through August 125,213 107,053 17.0%
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/(1)/: Year 2003 figures have not been audited.
TSMC Spokesperson:
Ms. Lora Ho
Vice President
Tel: 886-3-566-4602
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Ms. Shan-Shan Guo
PR Department Manager, TSMC PR Manager, TSMC PR Manager, TSMC
Tel: 886-3-666-5028 (O) Tel: 886-3-666-5029 (O) Tel: 886-3-666-5033(O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-939-059-246 (Mobile)
Fax: 886-3-567-0121 Fax:03-5670121 Fax:03-5670121
E-Mail: jhtzeng@tsmc.com E-mail: jhchoua@tsmc.com Email: ssguo@tsmc.com
Taiwan Semiconductor Manufacturing Company Limited
September 09, 2003
This is to report the changes or status of 1)Sales volume 2) funds lent to other
parties
3) Endorsements and guarantees 4) Financial derivative transactions for the
period August 2003.
1) Sales volume (NT$: Thousand)
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Time Items 2003 2002 Changes (%)
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Aug Invoice amount 16,431,075 13,948,630 2,482,445 17.80%
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Jan - Aug Invoice amount 115,704,508 107,335,703 8,368,805 7.80%
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Aug Net sales 18,317,430 13,544,132 4,773,298 35.24%
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Jan - Aug Net sales 125,213,499 107,052,564 18,160,935 16.96%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending August Bal. As of period end
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TSMC 59,652,314 - -
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TSMC's subsidiaries 33,758,867 (2,350) 341,700
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3) Endorsements and guarantees (NT$ Thousand)
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Limit of endorsements August Bal. As of period end
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TSMC 74,565,393 (159,800) 23,235,600
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (159,800) 23,235,600
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TSMC's subsidiaries endorse for TSMC 0 0
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TSMC endorses for PRC companies 0 0
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TSMC's subsidiaries endorse for PRC companies 0 0
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4) Financial derivative transactions
a-1. Hedging purpose (for assets /liabilities denominated in foreign currencies)
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Underlying assets / liabilities Liabilities: YEN: 0
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EUR: 10,000,000
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Assets: US$ 1,390,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) (NT$38,007,298)
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a-2. Hedging purpose (for the position of floating rate liabilities)
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Underlying assets / liabilities Liabilities: NT$5,000,000,000
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Financial instruments Interest rate swap
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Realized profit (loss) -
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b. Trading purpose: None.