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 July 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: July 10, 2003 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer
Taiwan Semiconductor Manufacturing Company Limited
July 10, 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 June 2003.
1) Sales volume (NT$: Thousand)
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Time Items 2003 2002 Changes (%)
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Jun Invoice amount 16,019,065 9,257,755 6,761,310 73.03%
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Jan - June Invoice amount 81,383,900 75,758,453 5,625,447 7.43%
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Jun Net sales 17,846,112 15,615,315 2,230,797 14.29%
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Jan - June Net sales 89,247,465 79,972,169 9,275,296 11.60%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending June Bal. As of period end
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TSMC 59,976,893 - -
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TSMC's subsidiaries 26,990,022 (1,000) 346,120
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3) Endorsements and quarantees (NT$ Thousand)
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Limit of endorsements June Bal. As of period end
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TSMC 5,586,866 (68,000) 23,536,160
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (68,000) 23,536,160
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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: 6,580,435,000
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EUR: 14,000,000
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Assets: US$ 1,290,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) (NT$67,412,959)
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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.