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 August 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: August 7, 2003 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer
Taiwan Semiconductor Manufacturing Company Limited
August 07, 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 July 2003.
1) Sales volume (NT$: Thousand)
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Period Items 2003 2002 Changes (%)
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Jul Invoice amount 17,294,756 17,628,621 -333,865 -1.89%
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Jan - July Invoice amount 98,533,435 93,387,074 5,146,361 5.51%
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Jul Net sales 17,648,605 13,536,263 4,112,342 30.38%
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Jan - July Net sales 106,896,070 93,508,432 13,387,638 14.32%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending Jul Bal. As of period end
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TSMC 59,976,893 - -
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TSMC's subsidiaries 26,828,606 (2,070) 344,050
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3) Endorsements and quarantees (NT$ Thousand)
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Limit of endorsements Jul Bal. As of period end
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TSMC 74,971,117 (140,760) 23,395,400
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (140,760) 23,395,400
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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: 4,251,930,000
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EUR: 22,000,000
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Assets: US$ 1,395,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) (NT$28,588,799)
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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.
TSMC Monthly Sales Report - July 2003
Hsinchu, Taiwan, August 7, 2003 - Taiwan Semiconductor Manufacturing Company
Ltd. (TSMC or the Company) (TAIEX: 2330, NYSE: TSM) today announced that net
sales for July 2003 totaled NT$17,649 million, a slight decrease of 1.1 percent
from June 2003. On a year-over-year basis, July 2003 net sales increased 30.4
percent. Revenues for January through July 2003 totaled NT$106,896 million, an
increase of 14.3 percent over the same period in 2002.
Mr. Harvey Chang, TSMC spokesperson and senior vice president, attributed the
slight decrease in July 2003 revenues to customers' seasonal inventory
adjustments. The Company's third quarter 2003 guidance remains as provided in
its July 24, 2003 investor conference.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2003(1) 2002 Growth
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July 17,649 13,536 30.4%
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January through July 106,896 93,508 14.3%
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(1): Year 2003 figures have not been audited.
TSMC Spokesperson:
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Mr. Harvey Chang
Senior Vice President
Tel: 886-3-563-6688 Ext: 2075
For further information, please contact:
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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.tw E-Mail:jhchoua@tsmc.com.tw Email:ssguo@tsmc.com.tw
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