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 January 2004
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: _______.)
TSMC Monthly Sales Report - January 2004
Hsinchu, Taiwan, February 9, 2004 - Taiwan Semiconductor Manufacturing Company
Ltd. (TSMC) ("the Company") (TAIEX: 2330, NYSE: TSM) today announced that net
sales for January 2004 totaled NT$19,156 million, an increase of 45.9 percent
over the same period last year. On a sequential basis, January 2004 sales
increased one percent.
Ms. Lora Ho, TSMC spokesperson, vice president and chief financial officer,
noted that, "TSMC's January 2004 sales increased as a result of higher wafer
shipments compared to December 2003. In addition, due to a fewer number of
working days in February, it is expected that TSMC's February 2004 sales would
decline slightly. However, the Company's first quarter 2004 guidance, which was
announced on January 29, remains unchanged."
# # #
Sales Report: (Unit: NT$ million)
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2004/(1)/ 2003 Growth Rate
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Net Sales for January 19,156 13,129 45.9%
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(1): Year 2004 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 Mr. Richard Chung
PR Department Manager, TSMC Public Affairs Manager, TSMC PR Principal Specialist, TSMC
Tel: 886-3-666-5028 (O) Tel: 886-3-666-5029 (O) Tel: 886-3-666-5038 (O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-937-331-830(Mobile)
Fax: 886-3-567-0121 Fax: 03-5670121 Fax: 03-5670121
E-mail: jhtzeng@tsmc.com E-Mail: jhchoua@tsmc.com E-Mail: cychung@tsmc.com
Taiwan Semiconductor Manufacturing Company Limited
February 09, 2004
This is to report the changes or status of 1)Sales volume, 2) funds lent to
other parties, 3) endorsements and guarantees, and 4) financial derivative
transactions for the period of January 2004.
1) Sales volume (NT$: Thousand)
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Period Items 2004 2003 Changes (%)
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Jan. Invoice amount 16,688,210 12,156,269 4,531,941 37.28%
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Jan. Net sales 19,155,894 13,128,841 6,027,053 45.91%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending January Bal. as of period end
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TSMC 62,594,284 - -
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TSMC's subsidiaries 32,988,252 (88,200) * 5,008,500
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* The deviation was due to the fluctuation in currency exchange rate.
3) Endorsements and guarantees (NT$ Thousand)
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Limit of endorsements January Bal. As of period end
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TSMC 78,242,855 (317,520) * 18,030,600
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (317,520) * 18,030,600
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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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* The deviation was due to the fluctuation in currency exchange rate.
4) Financial derivative transactions
a-1. Hedging purpose (for assets / liabilities denominated in foreign
currencies)
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Underlying assets / liabilities Liabilities: YEN: 740,285,000
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Assets: US$: 1,903,000,000
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Financial instruments FX forward contracts
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Recognized profit (loss) (NT$62,536,436)
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a-2. Hedging purpose (for the position of fixed rate liabilities / floating
rate assets)
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Underlying assets / liabilities Liabilities: NT$: 3,000,000,000
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US$: 2,857,143
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Assets: - -
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Financial instruments Interest rate swap
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Recognized 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: February 9, 2004 By /s/ Lora Ho
---------------------------------------------
Lora Ho
Vice President & Chief Financial Officer