1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE COMMISSION
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 May 2004
Taiwan Semiconductor Manufacturing Company Ltd.
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 þ Form 40-F o
(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 o No þ
(If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82: .)
TSMC May Sales Set Record High
Hsinchu, Taiwan, June 9, 2004 - Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) (“the Company”) (TAIEX: 2330, NYSE: TSM) today announced that net sales for May 2004 reached a record high of NT$21,720 million, representing a 5.3 percent increase over April 2004. On a year-over-year basis, net sales for May 2004 increased 29.2 percent.
Revenues for January through May 2004 totaled NT$99,863 million, an increase of 39.9 percent over the same period in 2003.
Ms. Lora Ho, TSMC vice president and chief financial officer, noted that, “TSMC’s wafer shipments for May 2004 continued to grow over April 2004 due to increased market demand. As a result, sales revenues for May 2004 continued to rise and reached a record high.”
# # #
| Sales Report: | (Unit: NT$ million) | |||||||||||
| Net Sales |
2004(1) |
2003 |
Growth Rate |
|||||||||
May |
21,720 | 16,812 | 29.2 | % | ||||||||
January through May |
99,863 | 71,401 | 39.9 | % | ||||||||
(1): Year 2004 figures have not been reviewed.
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
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 May 2004.
1) Sales volume (in NT$ thousand)
| Period |
Items |
2004 |
2003 |
Changes |
(%) |
|||||||||||||
May |
Invoice amount | 19,838,393 | 14,589,050 | 5,249,343 | 35.98 | % | ||||||||||||
Jan — May |
Invoice amount | 94,545,738 | 65,364,835 | 29,180,903 | 44.64 | % | ||||||||||||
May |
Net sales | 21,719,561 | 16,811,729 | 4,907,832 | 29.19 | % | ||||||||||||
Jan — May |
Net sales | 99,863,372 | 71,401,353 | 28,462,019 | 39.86 | % | ||||||||||||
2) Funds lent to other parties (in NT$ thousand)
| Limit of lending |
May |
Bal. as of period end |
||||||||||
TSMC |
69,317,208 | — | — | |||||||||
TSMC’s subsidiaries |
32,987,264 | 3,000 | * | 5,008,350 | ||||||||
| * | The deviation was due to the fluctuation in currency exchange rate. |
3) Endorsements and guarantees (in NT$ thousand)
| Limit of endorsements |
May |
Bal. as of period end |
||||||||||
TSMC |
86,646,511 | 10,800 | * | 18,030,060 | ||||||||
TSMC’s subsidiaries |
N/A | — | — | |||||||||
TSMC endorses for subsidiaries |
10,800 | * | 18,030,060 | |||||||||
TSMC’s subsidiaries endorse for TSMC |
— | — | ||||||||||
TSMC endorses for PRC companies |
— | — | ||||||||||
TSMC’s subsidiaries endorse for PRC companies |
— | — | ||||||||||
| * | 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)
Underlying assets / liabilities |
Liabilities: | YEN: | 0 | |||||||||
| EUR: | 0 | |||||||||||
| Assets: | US$: | 2,155,000 | ||||||||||
Financial instruments |
FX forward contracts | |||||||||||
Recognized profit (loss) |
NT$7,867 | |||||||||||
a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate assets)
Underlying assets / liabilities |
Liabilities: | NT$: | 3,000,000 | |||||||||
| US$: | 2,857 | |||||||||||
| Assets | US$: | — | ||||||||||
Financial instruments |
Interest rate swap | |||||||||||
Recognized profit (loss) |
— | |||||||||||
b. Trading purpose: None.
| TSMC May Sales Set Record High | ||||||||
| Taiwan Semiconductor Manufacturing Company Limited | ||||||||
| SIGNATURES | ||||||||
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: June 9, 2004 | By /s/ Lora Ho | |||
| Lora Ho | ||||
| Vice President & Chief Financial Officer | ||||