Feeds

TSMC to chop chip output

Demand is sliding

  • alert
  • submit to reddit

Taiwan Semiconductor (TSMC) is chopping chip production in Q1 of 2001 due to slowing demand.

Bloomberg quotes TSMC spokeswoman Kuo Shan-shan saying: "Production will not be 100 per cent for the quarter. The first quarter outlook is not promising."

Kuo added that 2000 had been a year of record earnings and factories running at full capacity.

Meanwhile Hyundai, in its role as memory chip maker, has had its shares drop to an all time low, because the market is worried it can't repay $5.2 billion won ($4.3 million) debt.

Bloomberg also reports that the shares have fallen 34 per cent in the week, and one of the reasons everyone is worried is that the spot price for its main product, a 64Mb Dram, has fallen to $3.05 from almost $9 in July. The company hasn't made an annual profit since 1996. ®

Related Stories

VIA centres sights on .13 micron Samuel II
Taiwanese axis beats AMD, Intel to .13 micron

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.