STMicroelectronics' net climbs 26%

Article Abstract:

STMicroelectronics NV announced that it posted an improvement of 26% in net income for the second-quarter of 1999. The company benefited from strong telecommunications and digital consumer product demand. STMicroelectronics posted $122.5 million (119 million euros) in net income for the quarter ending on July 3, 1999. During the same period in 1998, the company posted $97.5 million.

Comment:

Posts improvement of 26% in net income for second-quarter of 1999

France, Finance, Abstract, STMicroelectronics N.V.

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TSMC forecasts bullish growth in revenue, sales

Article Abstract:

Taiwan Semiconductor Manufacturing Co. (TSMC) has increased its earnings predictions in the 2001 year. The company also issued a strong revenue growth forecast for the 2002 first-quarter. TSMC is forecasting at least a 10% rise in sales for the first-quarter period.

Taiwan, Semiconductors and related devices, Forecasts and trends, Taiwan Semiconductor Manufacturing Company Ltd., Revenue

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