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 September 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 _________
---------
(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
---------
(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: October 9, 2003 By /s/ Lora Ho
----------------------------------------
Lora Ho
Vice President & Chief Financial Officer
TSMC September 2003 Sales Hit New Record High
Hsinchu, Taiwan, October 9, 2003 - Taiwan Semiconductor Manufacturing Company
Ltd. ("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM) today announced that net
sales for September 2003 totaled NT$18,911 million, reaching a new historical
record high. On a month-over-month basis, September 2003 net sales increased 3.2
percent from August 2003 sales. Compared to the same period a year ago,
September 2003 net sales increased 48.3 percent. Revenues for January through
September 2003 totaled NT$144,125 million, an increase of 20.3 percent over the
same period in 2002.
Ms. Lora Ho, TSMC spokesperson and vice president, noted that the Company's
September 2003 sales revenues increased as a result of higher wafer shipments
compared to August 2003.
# # #
Sales Report: (Unit: NT$ million)
--------------------------------------------------------------------------
Net Sales 2003/(1)/ 2002 Growth
--------------------------------------------------------------------------
September 18,911 12,755 48.3%
--------------------------------------------------------------------------
January through September 144,125 119,807 20.3%
--------------------------------------------------------------------------
(1): Year 2003 figures have not been audited.
TSMC Spokesperson:
Ms. Lora Ho
Vice President and CFO
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
October 09, 2003
This is to report the changes or status of 1) sales volume, 2) funds lent to
other parties, 3) endorsements and quarantees and 4) financial derivative
transactions for the period of September 2003.
1) Sales volume (NT$: Thousand)
--------------------------------------------------------------------------------
Period Items 2003 2002 Changes (%)
--------------------------------------------------------------------------------
Sep Invoice amount 18,339,163 12,744,063 5,595,100 43.90%
--------------------------------------------------------------------------------
Jan - Sep Invoice amount 134,963,694 120,079,766 14,883,928 12.40%
--------------------------------------------------------------------------------
Sep Net sales 18,911,236 12,754,622 6,156,614 48.27%
--------------------------------------------------------------------------------
Jan - Sep Net sales 144,124,736 119,807,186 24,317,550 20.30%
--------------------------------------------------------------------------------
2) Funds lent to other parties (NT$ Thousand)
--------------------------------------------------------------------------------
Limit of lending Sep Bal. As of period end
--------------------------------------------------------------------------------
TSMC 59,652,314 - -
--------------------------------------------------------------------------------
TSMC's subsidiaries 33,373,559 (3,900) 337,800
--------------------------------------------------------------------------------
3) Endorsements and quarantees (NT$ Thousand)
--------------------------------------------------------------------------------
Limit of endorsements Sep Bal. As of period end
--------------------------------------------------------------------------------
TSMC 74,565,393 (265,200) 22,970,400
--------------------------------------------------------------------------------
TSMC's subsidiaries N/A 0 0
--------------------------------------------------------------------------------
TSMC endorses for subsidiaries (265,200) 22,970,400
--------------------------------------------------------------------------------
TSMC's subsidiaries endorse for TSMC 0 0
--------------------------------------------------------------------------------
TSMC endorses for PRC companies 0 0
--------------------------------------------------------------------------------
TSMC's subsidiaries endorse for PRC companies 0 0
--------------------------------------------------------------------------------
4) Financial derivative transactions
a-1. Hedging purpose (for assets / liabilities denominated in foreign
currencies)
--------------------------------------------------------------------------------
Underlying assets / liabilities Liabilities: YEN: 0
------------------------------
EUR: 38,000,000
-----------------------------------------------
Assets: US$: 1,430,000,000
--------------------------------------------------------------------------------
Financial instruments FX forward contracts
--------------------------------------------------------------------------------
Recognized profit (loss) (NT$112,524,382)
--------------------------------------------------------------------------------
a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate
assets)
--------------------------------------------------------------------------------
Underlying assets / liabilities Liabilities: NT$: NT$500,000,000
-----------------------------------------------
Assets US$: US$11,429,000
--------------------------------------------------------------------------------
Financial instruments Interest rate swap
--------------------------------------------------------------------------------
Recognized profit (loss) -
--------------------------------------------------------------------------------
b. Trading purpose: None.