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 October 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: November 7, 2003 By /s/ Lora Ho
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Lora Ho
Vice President & Chief Financial Officer
Taiwan Semiconductor Manufacturing Company Limited
November 07, 2003
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 October 2003.
1) Sales volume (NT$: Thousand)
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Period Items 2003 2002 Changes (%)
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Oct Invoice amount 19,961,292 15,780,048 4,181,244 26.50%
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Jan - Oct Invoice amount 154,936,144 135,859,815 19,076,329 14.04%
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Oct Net sales 20,303,764 15,230,876 5,072,888 33.31%
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Jan - Oct Net sales 164,428,500 135,038,062 29,390,438 21.76%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending Oct Bal. As of period end
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TSMC 62,594,284 - -
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TSMC's subsidiaries 33,571,153 2,000 339,800
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3) Endorsements and guarantees (NT$ Thousand)
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Limit of endorsements Oct Bal. As of period end
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TSMC 78,242,855 136,000 23,106,400
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries 136,000 23,106,400
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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: 0
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EUR: 20,000,000
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Assets: US$: 1,695,000,000
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Financial instruments FX forward contracts
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Recognized profit (loss) (NT$90,253,292)
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a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate
assets)
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Underlying assets / liabilities Liabilities: NT$: NT$2,500,000,000
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Assets US$: US$5,714,285.71
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Financial instruments Interest rate swap
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Recognized profit (loss) -
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b. Trading purpose: None.
TSMC October 2003 Sales Exceeded NT$ 20 Billion
Set a New Record High for a Third Consecutive Month
Hsinchu, Taiwan, November 7, 2003 - Taiwan Semiconductor Manufacturing Company
Ltd. ("TSMC" or "the Company") (TAIEX: 2330, NYSE: TSM) today announced that net
sales for October 2003 totaled NT$20,304 million, a new record high for a third
consecutive month. The October results also marked the first time that the
Company's monthly sales exceeded NT$ 20 billion.
TSMC October 2003 net sales increased 7.4 percent from September 2003 sales on a
month-over-month basis. Compared to the same period a year ago, October 2003 net
sales increased 33.3 percent. Revenues for January through October 2003 totaled
NT$164,429 million, an increase of 21.8 percent over the same period in 2002.
Ms. Lora Ho, TSMC spokesperson and vice president, noted that the Company's
October 2003 wafer shipments grew over September 2003 due to increased customer
demand in anticipation of the Christmas holiday season, especially for consumer
and communication products. As a result, the Company's October 2003 sales
increased sequentially.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2003/(1)/ 2002 Growth
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October 20,304 15,231 33.3%
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January through October 164,429 135,038 21.8%
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(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