***TSMC Predicts US$100B in 2010

TSMC chairman Morris Chang has announced that Taiwan
Semiconductor Manufacturing Co. (TSMC) will start to register
revenue of US$100 billion in 2010. TSMC president, F.C. Tseng has
also released that capacity of TSMC's 12-inch wafer fabs will
exceed the combined capacity of its 8-inch fabs within three
years after commencement of mass production in 12-inch fabs.
Tseng said the average yield rate of TSMC's 12-inch fab has
already overridden that of the 8-inch fabs since its first
delivery of 300 mm wafers, and expects the company to post
revenue of over US$10 billion in 2003.

TSMC is devoted to advancing from 8-inch to 12-inch technologies,
and it has gradually shifted its development center to the Tainan
Science Park, southern part of Taiwan. Aside from enjoying mass
production on Taiwan's first 12-inch wafer pilot line, it will
continue to construct 12-inch fabs namely Fab 14 and Fab 15; and
plans to build 12-inch Fabs 16, 17, and 18 at a rate of one every
other year. The new fabs are slated to be completed by 2005.

Southern Taiwan's high-tech cluster consists of the Tainan
Science Park's 538-acre first-phase construction, its 440-acre
extension and the 575-acre Luchu Science Park. Construction of
the Luchu Science Park will start in October 2001 and the Tainan
Science Park's extension in 2003.

Wave Issue 0102 1/9/01 Article 6-01