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 February 2004
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No. 8, Li-Hsin Rd. 6,
Hsinchu Science Park,
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: March 9, 2004 By /s/ Lora Ho
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Lora Ho
Vice President & Chief Financial Officer
TSMC Monthly Sales Report - February 2004
Hsinchu, Taiwan, March 9, 2004 - Taiwan Semiconductor Manufacturing Company Ltd.
(TSMC) ("the Company") (TAIEX: 2330, NYSE: TSM) today announced that net sales
for February 2004 totaled NT$18,385 million; revenues for January through
February 2004 were NT$37,541 million.
Ms. Lora Ho, TSMC vice president and chief financial officer, noted that,
"Because February was a short month that also included the Chinese Lunar Year
holidays, unit sales in February 2004 were less than those in January. As a
result, net sales for February 2004 decreased by a slight 4.0% compared to
January 2004. On a year-over-year basis, net sales for February 2004 increased
48.9%. The Company's first quarter 2004 guidance, which was announced on January
29, remains unchanged."
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2004/(1)/ 2003 Growth Rate
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February 18,385 12,345 48.9%
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January through February 37,541 25,474 47.4%
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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) 886-911-258-751(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
March 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 February 2004.
1) Sales volume (in NT$: thousand)
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Period Items 2004 2003 Changes (%)
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Feb Invoice amount 17,931,953 12,162,290 5,769,663 47.44%
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Jan - Feb Invoice amount 34,647,196 24,318,559 10,328,637 42.47%
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Feb Net sales 18,385,262 12,345,096 6,040,166 48.93%
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Jan - Feb Net sales 37,541,156 25,473,937 12,067,219 47.37%
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2) Funds lent to other parties (in NT$ thousand)
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Limit of lending Feb Bal. as of period end
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TSMC 62,594,284 - -
TSMC's subsidiaries 32,963,552 (3,750)* 5,004,750
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* The deviation was due to the fluctuation in currency exchange rate.
3) Endorsements and guarantees (in NT$ thousand)
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Limit of endorsements Feb Bal. as of period end
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TSMC 78,242,855 (13,500)* 18,017,100
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries (13,500)* 18,017,100
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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 (in thousand)
a-1. Hedging purpose (for assets / liabilities denominated in foreign
currencies)
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Underlying assets / liabilities Liabilities: YEN: 764,596
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EUR: 19,000
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Assets: US$: 1,663,949
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Financial instruments FX forward contracts
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Recognized profit (loss) (NT$216,399)
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a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate
assets)
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Underlying assets / liabilities Liabilities: NT$: 3,000,000
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US$: 2,857
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Assets US$: -
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Financial instruments Interest rate swap
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Recognized profit (loss) -
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b. Trading purpose: None.