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 May 2003
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 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: _______.)
TSMC Monthly Sales Report -- April 2003
Hsinchu, Taiwan, May 8, 2003 -- Taiwan Semiconductor Manufacturing Company
Ltd. ("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM), today announced that
net sales for April 2003 totaled NT$15,264 million, representing a 10.2 percent
increase over March 2003. On a year-over-year basis, net sales for April 2003
increased 14.2 percent. Revenues for January through April 2003 totaled
NT$54,590 million, an increase of 11.1 percent over the same period in 2002.
Mr. Harvey Chang, TSMC spokesperson and senior vice president, noted that
customer demand continues to grow. The Company's sales revenues for April 2003
increased as a result of increased wafer shipment and better product mix.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2003/(1)/ 2002 Growth
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April 15,264 13,366 14.2%
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January through April 54,590 49,156 11.1%
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(1): Year 2003 figures have not been audited.
TSMC Spokesperson:
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Mr. Harvey Chang
Senior Vice President
Tel: 886-3-563-6688 Ext: 2075
For further information, please contact:
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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: 886-3-66-5033(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.tw E-Mail: jhchoua@tsmc.com.tw Email: ssguo@tsmc.com.tw
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Taiwan Semiconductor Manufacturing Company Limited
May 08, 2003
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 April 2003.
1) Sales volume (NT$: Thousand)
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Period Items 2003 2002 Changes (%)
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Apr Invoice amount 13,938,453 12,871,551 1,066,902 8.29%
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Jan - Apr Invoice amount 50,151,112 51,107,192 -956,080 -1.87%
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Apr Net sales 15,264,311 13,366,230 1,898,081 14.20%
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Jan - Apr Net sales 54,589,624 49,155,945 5,433,679 11.05%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending April Bal. As of period end
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TSMC 58,721,466 - -
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TSMC's subsidiaries 27,174,832 990 348,490
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3) Endorsements and quarantees (NT$ Thousand)
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Limit of endorsements April Bal. As of period end
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TSMC 59,768,660 67,320 23,697,320
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries 67,320 23,697,320
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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: 7,040,485,000
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EUR: 9,000,000
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Assets: US$ 1,075,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) (NT$21,404,098)
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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: May 9, 2003 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer