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 November 2002
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No.121 Park Avenue III
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 V 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 V
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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: _______.)
TSMC Monthly Sales Report - October 2002
Hsin-Chu, Taiwan, November 7, 2002- Taiwan Semiconductor Manufacturing Company
Ltd. ("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM) today announced that net
sales for October 2002 totaled NT$15,231 million, while revenues from January to
October 2002 were NT$135,038 million.
TSMC Spokesperson Mr. Harvey Chang noted that wafer shipments surged this month
due to increased customer demand in anticipation of the Christmas holiday
season. Net sales for October 2002 registered a 19.4% increase over September
2002 and an increase of 47.3% on a year-over-year basis. The Company's sales
revenues from January through October 2002 represented a 31.0% increase over the
corresponding 2001 period. Also, Mr. Chang indicated that wafer shipments in the
fourth quarter of 2002 will be slightly higher than expected.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2002/(1)/ 2001 Growth
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October 15,231 10,338 47.3%
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January through October 135,038 103,096 31.0%
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(1): Year 2002 figures have not been audited.
TSMC Spokesperson:
Mr. Harvey Chang
Senior Vice President
Tel: 886-3-578-0221 Ext2075
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Ms. Shan-Shan Guo
PR Department Manager, TSMC Public Affairs Manager, TSMC PR Manager, TSMC
Tel: 886-3-567-3338 Tel:886-3-5673347 (O) Tel:886-3-5673345(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.tw E-Mail:jhchoua@tsmc.com.tw Email: ssguo@tsmc.com.tw
Taiwan Semiconductor Manufacturing Company Limited
November 07, 2002
This is to report the changes or status of 1)Sales volume 2) funds lent to other
parties
3) Endorsements and quarantees 4) Financial derivative transactions for the
period of October 2002.
1) Sales volume (NT$: Thousand)
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Time Items 2002 2001 Changes (%)
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Oct Invoice amount 15,345,452 10,024,151 5,321,301 53.08%
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Jan - Oct Invoice amount 135,425,218 105,924,668 29,500,550 27.85%
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Oct Net sales 15,230,876 10,337,550 4,893,326 47.34%
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Jan - Oct Net sales 135,038,062 103,095,937 31,942,125 30.98%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending October Bal. As of period end
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TSMC 39,845,773 - -
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TSMC's subsidiaries 27,106,211 (1,570) 347,610
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3) Endorsements and quarantees (NT$ Thousand)
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Limit of endorsements October Bal. As of period end
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TSMC 59,768,660 (106,760) 23,637,480
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (106,760) 23,637,480
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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 derivatives transactions
a-1. Hedging purpose (for assets / liabilities denominated in foreign
currencies)
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Underlying assets / liabilities Liabilities: YEN: 1,480,180,000
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EUR: 115,000,000
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Assets: US$ 610,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) NT$16,066,612
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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.
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: November 7, 2002 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer