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    <title>Taiwan Semiconductor Manufacturing Co. Ltd</title>
    <description>Taiwan Semiconductor Manufacturing Co. Ltd</description>
    <link>http://chinasecurities.com/ir/TSMC</link>
    <language>en-US</language>
    <pubDate>23 Feb 2010 08:30:00 GMT</pubDate>
    <lastBuildDate>21 May 2013 06:40:57 GMT</lastBuildDate>
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      <title>[Press Release] Dialog Semiconductor and TSMC Collaborate</title>
      <guid>message_4746</guid>
      <pubDate>23 Feb 2010 08:30:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4746</link>
      <description>
        <![CDATA[<p>KIRCHHEIM/TECK, <span>Germany</span> and HSINCHU, <span>Taiwan</span>, R.O.C., <span>Feb. 23</span> /PRNewswire-FirstCall/ -- Dialog Semiconductor plc (FWB: DLG), a leading provider of highly integrated innovative power management semiconductor solutions, today announced that the company is working closely with foundry partner Taiwan Semiconductor Manufacturing Company (TWSE: 2330, NYSE: TSM) on a bipolar-CMOS-DMOS (BCD) technology specifically tailored to high-performance power management ICs for portable devices.</p>

<p>The 0.25-micron high-voltage process node enables higher voltage functionality to be integrated efficiently into single chip power management ICs, increasing cost efficiencies and expanding the addressable market for Dialog solutions.</p>
<p>The ability to integrate higher voltage and more efficient components is an important feature of Dialog's next generation PMICs, and enables the creation of smaller form factor devices with reduced power consumption. A broad range of proprietary IP blocks, based on TSMC's 0.25um BCD process nodes, have already been developed for incorporation into Dialog's next generation PMICs, with the first devices already available. The designs deliver the industry's leading power management performance for portable devices.</p>
<p>"Close collaboration of our innovative technology with foundry partners is key to Dialog's strategic business model, which accelerates the development of the highest level of power management integration in the industry," said Dr <span>Jalal Bagherli</span>, CEO of Dialog Semiconductor. "Through our ongoing and longstanding collaboration with TSMC, we are able to provide our customers with validated low-power technologies to manage their power management needs and meet aggressive time-to-market goals."</p>
<p>"TSMC consistently delivers cutting edge technology platforms that include integrated design collaterals," said <span>Jason Chen</span>, Vice President of Worldwide Sales and Marketing at TSMC. "Dialog is one of the technology leaders, bringing the best power management experiences possible to portable users through extended battery lifetime in portable devices. We are proud to be a strategic supplier to them."</p>
<pre>    <br />    <br />    Dialog contact:<br />    <br />    Birgit Hummel, Dialog Semiconductor, Neue Strasse 95,D-73230<br />    Kirchheim/Teck-Nabern, Germany.<br />    <br />    Tel:     +49 7021 805 412      e-mail:   birgit.hummel@diasemi.com<br />    Fax:     +49 7021 805 200      Web:      www.dialog-semiconductor.com<br />    <br />    Rob Ashwell, Publitek Limited, 18 Brock Street, Bath,<br />    BA1 2LW, United Kingdom<br />    <br />    <br />    Tel:     +44 (0)1225 470000    e-mail:   rob.ashwell@publitek.com<br />    <br />    TSMC contact:<br />    <br />    J.H.Tzeng, Deputy Director PR Department<br />    <br />    Tel:     + 886 3 5055028       Fax:      +886-3-5670121<br />    email:   jhtzeng@tsmc.com<br />    <br />    Michael Kramer, Senior Administrator, PR Department<br />    <br />    Tel:     +886 3 5636688        Fax:      +886-3-5670121<br />                ext. 712-6216  <br />    email:   cychung@tsmc.com<br />    <br />    <br /></pre>
<p><strong>About Dialog</strong></p>
<p>Dialog Semiconductor creates energy-efficient, highly integrated, mixed-signal circuits optimised for personal mobile, lighting &amp; display and automotive applications. The company provides flexible and dynamic support, world-class innovation and the assurance of dealing with an established business partner.</p>
<p>With its unique focus and expertise in system power management, Dialog brings decades of experience to the rapid development of integrated circuits for power management, audio, display processing and motor control. Dialog's processor companion chips are essential for enhancing both the performance of hand-held products and the consumers' multimedia experience. With world-class manufacturing partners, Dialog operates a fabless business model.</p>
<p>Dialog Semiconductor plc is headquartered near <span>Stuttgart</span> with a global sales, R&amp;D and marketing organisation. In 2009, it had approximately <span>$218 million</span> in revenue and was one of the fastest growing European public semiconductor companies.  It currently has approximately 340 employees. The company is listed on the <span>Frankfurt</span> (FWB: DLG) stock exchange.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IPs, design tools and reference flows. The Company's managed capacity in 2009 totaled 9.96 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch GIGAFABs&trade;, four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC China, and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, <span>Taiwan</span>. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AgL4iuKDGB4RfOFt1DnpF.mxcq9_;_ylu=X3oDMTE2OXVuMWloBHBvcwMxBHNlYwNuZXdzYXJ0Ym9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a>.</p>]]>
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    <item>
      <title>[Press Release] TSMC and MAPPER Reached Joint Development Milestone</title>
      <guid>message_4727</guid>
      <pubDate>19 Feb 2010 08:30:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4727</link>
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        <![CDATA[<p>......</p>]]>
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      <title>[Press Release] TSMC Reports Fourth Quarter EPS of NT$1.26</title>
      <guid>message_4576</guid>
      <pubDate>28 Jan 2010 07:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4576</link>
      <description>
        <![CDATA[<p><span style="">
<div style="">
<div>
<p>HSIN-CHU, Taiwan -- TSMC (TAIEX: 2330; NYSE: TSM) today announced consolidated revenue of NT$92.09 billion, net income of NT$32.67 billion, and diluted earnings per share of NT$1.26 (US$0.19 per ADS unit) for the fourth quarter ended December 31, 2009.</p>
<p>Year-over-year, fourth quarter revenue increased 42.6% while net income increased 162.5% and diluted EPS increased 162.7%. Compared to third quarter of 2009, fourth quarter results represent a 2.4% increase in revenue, a 6.9% increase in net income, and a 7.2% increase in diluted EPS. All figures were prepared in accordance with R.O.C. GAAP on a consolidated basis.</p>
<p>Gross margin for the quarter was 48.5%, operating margin was 36.5%, and net margin was 35.5%.</p>
<p>As the global economy gradually recovered, fourth quarter saw a continued improvement in wafer sales with computer related applications growing strongly and consumer related applications declining seasonally.</p>
<p>Advanced process technologies (0.13-micron and below) accounted for 70% of wafer revenues. 90-nanometer process technology accounted for 16% of wafer revenues, 65-nanometer 30%, and 40-nanometer exceeded 9% of total wafer sales.</p>
<p>"Although first quarter normally is a sequentially declining quarter for all three major semiconductor applications, we expect the demand from consumer related applications to grow in first quarter of 2010, while computer and communication related applications will decline following their seasonal pattern," said Lora Ho, VP and Chief Financial Officer of TSMC. "Based on our current business outlook, management expects":</p>
<pre style=""> * First quarter revenue to be between NT$89 billion and NT$91 billion, gross profit margin to be between 46.5% and 48.5%, and operating profit margin to be between 35% and 37%; * 2010 capital expenditure to be around US$4.8 billion, due to strong demand outlook for our advanced technologies. </pre>
<p>Conference Call &amp; Webcast Notice:</p>
<p>TSMC's quarterly review conference call will be held at 8 a.m. Eastern Time (9 p.m. Taiwan Time) on Thursday, January 28, 2010. The conference call will also be webcast live on the Internet. Investors wishing to access the live webcast should visit TSMC's web site at <a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a> at least 15 minutes prior to the broadcast. Instructions will be provided on the web site to facilitate the download and installation of necessary audio applications. Investors without Internet access may listen to the conference call, in listen-only mode, by dialing 1-617-213-8895 in the U.S., 852-3002-1672 in Hong Kong, and 44-207-365-8426 in the U.K. (Password: TSMC). An archived version of the webcast will be available on TSMC's web site for six months following the Company's quarterly review conference call and webcast.</p>
<p>Profile</p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IPs, design tools and reference flows. The Company's managed capacity in 2009 totaled 9.96 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch GIGAFABs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC China, and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a> .</p>
<pre style=""> (Management Report and Tables Follow) TSMC 4Q09 Quarterly Management Report January 28, 2010 Topics in This Report -- Revenue Analysis -- Profit &amp; Expense Analysis -- Financial Condition Review -- Cash Flow -- CapEx &amp; Capacity -- Recap of Recent Important Events &amp; Announcements Operating Results Review: Summary: (Amounts are on consolidated basis and are in NT billions except otherwise noted) 4Q09 3Q09 4Q08 2009 2008 EPS (NT$ per common share) 1.26 1.18 0.48 3.44 3.81 (US$ per ADR unit) 0.19 0.18 0.07 0.52 0.61 Consolidated Net Sales 92.09 89.94 64.56 295.74 333.16 Gross Profit 44.70 42.86 20.19 129.33 141.75 Gross Margin 48.5% 47.7% 31.3% 43.7% 42.5% Operating Expense (11.05) (10.87) (8.17) (37.37) (37.31) Operating Income 33.64 31.99 12.02 91.96 104.44 Operating Margin 36.5% 35.6% 18.6% 31.1% 31.4% Non-Operating Items 1.73 0.97 1.07 3.50 7.04 Net Income 32.67 30.55 12.45 89.22 99.93 Net Profit Margin 35.5% 34.0% 19.3% 30.2% 30.0% Wafer Shipment (kpcs 8 inch-equiv.) 2,430 2,445 1,532 7,737 8,467 Note: Total outstanding shares were 25,903mn units on 12/31/09 Financial Highlights: Fourth Quarter 2009 -- Consolidated net sales were NT$92.09 billion, increased 2.4% from NT$89.94 billion in the prior quarter and 42.6% from NT$64.56 billion in the year-ago quarter. -- Gross margin was 48.5%, showing 0.8 percentage point increase from 3Q09 and a 17.2 percentage point increase from 4Q08. -- Operating margin was 36.5%, 0.9 percentage point higher than 3Q09 and 17.9 percentage points higher than 4Q08. -- Consolidated net income attributable to shareholders of the parent company was NT$32.67 billion, increased 6.9% from 3Q09. Net profit margin was 35.5% and diluted EPS was NT$1.26. Full Year 2009 -- Consolidated net sales were NT$295.74 billion, representing an 11.2% decline from 2008. -- In spite of lower net sales, gross margin was 43.7%, increased 1.2 percentage points from 42.5% in 2008. Operating margin was 31.1%, declined 0.3 percentage point from 2008. -- Earnings per share was NT$3.44, with net profit margin of 30.2%. I. Revenue Analysis I. Wafer Sales Analysis By Application 4Q09 3Q09 4Q08 Computer 33% 28% 30% Communication 39% 42% 39% Consumer 13% 16% 16% Industrial/Others 15% 14% 15% By Technology 4Q09 3Q09 4Q08 45/40nm 9% 4% 0% 65nm 30% 31% 27% 90nm 16% 18% 21% 0.11/0.13um 15% 14% 17% 0.15/0.18um 18% 21% 22% 0.25/0.35um 9% 9% 10% 0.50um+ 3% 3% 3% By Customer Type 4Q09 3Q09 4Q08 Fabless/System 79% 80% 72% IDM 21% 20% 28% By Geography 4Q09 3Q09 4Q08 North America 71% 70% 72% Asia Pacific 13% 13% 11% China 3% 3% 2% Europe 10% 11% 11% Japan 3% 3% 4% </pre>
<p>Revenue Analysis:</p>
<p>4Q09 marked the third consecutive growth quarter, mainly driven by strong demand from Computer related applications during the quarter. Revenues from Computer applications grew 22% sequentially, while Communication declined 8% after strong momentum in the prior two quarters and Consumer declined 15% following seasonal pattern.</p>
<p>As demand for 40/45nm technology remained strong and yield continued to improve, revenues from 40/45nm again more than doubled during the quarter and accounted for 9% of total wafer sales. Meanwhile, demand from 65nm and 90nm continued to be robust and accounted for 30% and 16%, respectively. Overall, revenues from 0.13-micron and below increased three percentage points sequentially and represented 70% of total wafer sales.</p>
<p>Revenues from IDM customers accounted for 21% of total wafer sales in 4Q09, up one percentage point from 3Q09.</p>
<p>From a geographic perspective, revenues from customers based in North America accounted for 71% of total wafer sales, while sales from Asia Pacific, China, Europe and Japan accounted for 13%, 3%, 10%, and 3% of total wafer sales, respectively.</p>
<pre style=""> II. Profit &amp; Expense Analysis II - 1. Gross Profit Analysis (In NT billions) 4Q09 3Q09 4Q08 2009 2008 COGS 47.39 47.08 44.37 166.41 191.41 Depreciation 18.60 18.37 19.29 74.48 74.70 Other MFG Cost 28.79 28.71 25.08 91.93 116.71 Gross Profit 44.70 42.86 20.19 129.33 141.75 Gross Margin 48.5% 47.7% 31.3% 43.7% 42.5% </pre>
<p>Gross Profit Analysis:</p>
<p>Gross margin for the quarter was 48.5%, increased by 0.8 percentage point from 47.7% in 3Q09, due to a higher level of capacity utilization and continued cost improvement, partially offset by the unfavorable exchange rate.</p>
<p>On a full year basis, gross margin for 2009 was 43.7%, increased 1.2 percentage points from 2008, mainly due to a favorable exchange rate and cost improvement, partially offset by an adverse inventory valuation adjustment under ROC SFAS No.10.</p>
<pre style=""> II - 2. Operating Expenses (In NT billions) 4Q09 3Q09 4Q08 2009 2008 Total Operating Exp. 11.05 10.87 8.17 37.37 37.31 SG&amp;A 4.48 4.67 3.34 15.78 15.83 Research &amp; Development 6.57 6.20 4.83 21.59 21.48 Total Operating Exp. as a % of Sales 12.0% 12.1% 12.7% 12.6% 11.1% </pre>
<p>Operating Expenses:</p>
<p>Total operating expenses for 4Q09 increased by NT$0.18 billion to NT$11.05 billion, representing 12.0% of net sales.</p>
<p>SG&amp;A expenses decreased by NT$0.19 billion from 3Q09, primarily due to lower legal fees.</p>
<p>Research and development expenditures increased by NT$0.37 billion sequentially, mainly due to increased development activities in 28nm and 22nm technologies.</p>
<p>For full year 2009, total operating expenses were NT$37.37 billion, similar to that in 2008. However, due to a lower net sales base, total operating expenses accounted for 12.6% of net sales in 2009, compared with 11.1% in the prior year.</p>
<pre style=""> II - 3. Non-Operating Items (In NT billions) 4Q09 3Q09 4Q08 2009 2008 Non-Operating Inc./(Exp.) 1.43 0.52 1.41 3.45 6.34 Net Interest Income/(Exp.) 0.35 0.42 1.18 2.21 4.76 Other Non-Operating 1.08 0.10 0.23 1.24 1.58 L-T Investments 0.30 0.45 (0.34) 0.05 0.70 SSMC 0.29 0.26 (0.07) 0.43 0.76 Others 0.01 0.19 (0.27) (0.38) (0.06) Total Non-Operating Items 1.73 0.97 1.07 3.50 7.04 </pre>
<p>Non-Operating Items:</p>
<p>Combined result from non-operating income and long-term investments was a gain of NT$1.73 billion for 4Q09.</p>
<p>Non-operating income was NT$1.43 billion for 4Q09, a NT$0.91 billion increase from 3Q09, primarily due to the receipt of litigation compensation.</p>
<p>Net investment gain was NT$0.30 billion, lower than NT$0.45 billion in the prior quarter, mainly due to lower profits from certain invested companies.</p>
<p>On a full year basis, total non-operating items decreased by NT$3.54 billion to NT$3.50 billion in 2009, mostly due to less interest income and weaker business in certain invested companies.</p>
<pre style=""> III. Financial Condition Review III - 1. Liquidity Analysis (Selected Balance Sheet Items) (In NT billions) 4Q09 3Q09 4Q08 Cash &amp; Marketable Securities 195.80 180.32 211.45 Accounts Receivable - Trade 35.38 35.88 18.50 Inventory 20.91 19.18 14.88 Total Current Assets 259.80 244.24 252.62 Accounts Payable 40.61 26.30 14.04 Current Portion of Bonds Payable 0.00 0.00 8.00 Accrued Bonus to Employees 13.43 8.62 15.37 Accrued Liabilities and Others 25.09 20.09 19.40 Total Current Liabilities 79.13 55.01 56.81 Current Ratio (x) 3.3 4.4 4.4 Net Working Capital 180.67 189.23 195.81 </pre>
<p>Liquidity Analysis:</p>
<p>At the end of 4Q09, cash and marketable securities totaled NT$195.80 billion, increased by NT$15.48 billion from 3Q09, primarily due to NT$19.29 billion of free cash flow generated during this quarter.</p>
<p>Total current liabilities increased NT$24.12 billion in this quarter, primarily due to increase in accounts payables to contractors and equipment suppliers and accruals for employee profit sharing/bonus during the quarter.</p>
<p>Net working capital was NT$180.67 billion and current ratio decreased to 3.3x.</p>
<pre style=""> III - 2. Receivable/Inventory Days (In Number of Days) 4Q09 3Q09 4Q08 Days of Receivable 36 36 46 Days of Inventory 42 41 40 Receivable and Inventory Days: Days of receivable remained stable at 36 days in 4Q09. Days of inventory increased by one day from prior quarter to 42 days. III - 3. Debt Service (In NT billions) 4Q09 3Q09 4Q08 Cash &amp; Marketable Securities 195.80 180.32 211.45 Interest-Bearing Debt 15.09 15.33 23.44 Net Cash Reserves 180.71 164.99 188.01 </pre>
<p>Debt Service:</p>
<p>Net cash reserves, defined as the excess of cash and short-term marketable securities over interest-bearing debt, increased by NT$15.72 billion to NT$180.71 billion at the end of 4Q09, primarily due to NT$19.29 billion of free cash flow generated during this quarter.</p>
<pre style=""> IV. Cash Flow IV - 1.1. Cash Flow Analysis (In NT billions) 4Q09 3Q09 4Q08 Net Income 32.67 30.55 12.45 Depreciation &amp; Amortization 20.28 20.00 20.96 Employee Profit Sharing Payment* n.a (7.49) n.a Other Operating Sources/(Uses) 9.05 3.60 29.83 Total Operating Sources/(Uses) 62.00 46.66 63.24 Capital Expenditure (42.71) (32.04) (11.26) Marketable Financial Instruments (3.59) (18.94) 30.31 Other Investing Sources/(Uses) (0.80) (0.53) (1.04) Net Investing Sources/(Uses) (47.10) (51.51) 18.01 Cash Dividends 0.00 (76.88) 0.00 Other Financing Sources/(Uses) (0.28) (0.11) (0.30) Net Financing Sources/(Uses) (0.28) (76.99) (0.30) Net Cash Position Changes 14.62 (81.84) 80.95 Exchange Rate Changes &amp; Others (0.28) (0.74) 1.21 Ending Cash Balance 171.28 156.94 194.61 *Starting 2008, Taiwan accounting rule requires company to expense employee profit sharing </pre>
<p>Summary of Cash Flow:</p>
<p>Cash generated from operating activities totaled NT$62.00 billion during the quarter, an increase of NT$15.34 billion from 3Q09, mainly due to the increase in net income, the absence of the cash payment of employee profit sharing, and a decrease in net working capital.</p>
<p>Net cash used in investing activities decreased NT$4.41 billion to NT$47.10 billion in 4Q09, primarily reflecting less purchases of marketable financial instruments, partially offset by an increase in capital expenditures.</p>
<p>Net cash used in financing activities was NT$0.28 billion during the quarter.</p>
<pre style=""> As a result, TSMC ended 4Q09 with a cash balance of NT$171.28 billion. IV - 1.2. Cash Flow Analysis (In NT billions) 2009 2008 Diff. Net Income 89.22 99.93 (10.71) Depreciation &amp; Amortization 80.81 81.51 (0.70) Employee Profit Sharing Payment* (7.49) 0.00 (7.49) Other Operating Sources/(Uses) (2.57) 40.05 (42.62) Total Operating Sources/(Uses) 159.97 221.49 (61.52) Capital Expenditure (87.78) (59.22) (28.56) Marketable Financial Instruments (7.04) 52.35 (59.39) Other Investing Sources/(Uses) (1.65) (1.17) (0.48) Net Investing Sources/(Uses) (96.47) (8.04) (88.43) Cash Dividends (76.88) (76.78) (0.10) Employee Profit Sharing* 0.00 (3.94) 3.94 Repayment of Bonds Payable (8.00) 0.00 (8.00) Purchase of Treasury Stock 0.00 (33.48) 33.48 Other Financing Sources/(Uses) (0.59) (1.19) 0.60 Net Financing Sources/(Uses) (85.47) (115.39) 29.92 Net Cash Position Changes (21.97) 98.06 (120.03) Exchange Rate Changes &amp; Others (1.36) 1.56 (2.92) Ending Cash Balance 171.28 194.61 (23.33) *Starting 2008, Taiwan accounting rule requires company to expense employee profit sharing </pre>
<p>On a full year basis, cash generated from operating activities decreased NT$61.52 billion to NT$159.97 billion in 2009. The decrease mainly reflected the decrease in net income, the cash payment of 2008 employee profit sharing made in 2009, and increases in net working capital due to acceleration of business momentum.</p>
<p>Net cash used in investing activities was NT$96.47 billion in 2009, NT$88.43 billion higher than that in 2008, primarily reflecting redemptions of marketable financial instruments in 2008 and the increase in capital expenditures during 2009.</p>
<p>Meanwhile, net cash used in financing activities decreased by NT$29.92 billion to NT$85.47 billion during 2009, mainly due to the absence of repurchase of treasury stock and the reclassification of employee profit sharing from financing activities to operating activities starting 2009, partially offset by the repayment of corporate bonds in the first quarter.</p>
<p>IV - 2. Operating and Free Cash Flows:</p>
<p>Operating and Free Cash Flows:</p>
<p>Cash flows generated from operating activities were NT$62.00 billion during the quarter. Free cash flow, defined as the excess of operating cash flows over capital expenditures, totaled NT$19.29 billion in 4Q09, compared to NT$14.62 billion in 3Q09.</p>
<p>Total free cash flow generated in 2009 was NT$72.19 billion, declined NT$90.08 billion from NT$162.27 billion in 2008. The year-over-year decline was primarily due to lower business activities resulting from the economic downturn and the increased capital expenditures.</p>
<p>Please refer to the link for the index charts: <a href="http://www.tsmc.com/uploadfile/ir/quarterly/index_charts.pdf" target="_blank">http://www.tsmc.com/uploadfile/ir/quarte...</a></p>
<pre style=""> V. CapEx &amp; Capacity V - 1. Capital Expenditures (In US millions) 1Q09 2Q09 3Q09 4Q09 2009 2008 TSMC 161 218 963 1,304 2,646 1,807 XinTec and GUC 2 3 6 1 12 23 TSMC Shanghai &amp; WaferTech 3 3 0 4 10 52 Other TSMC Subsidiaries 0 0 2 1 3 4 Total TSMC 166 224 971 1,310 2,671 1,886 </pre>
<p>Capital Expenditures:</p>
<p>Capital expenditures for TSMC on a consolidated basis totaled US$1,310 million in 4Q09.</p>
<p>For year 2009, total capital expenditures for TSMC consolidated group totaled US$2.67 billion, compared with US$1.89 billion spent in 2008.</p>
<pre style=""> V-2 . Capacity 1Q09 2Q09 3Q09 4Q09 2009 1Q10 Fab / (Wafer size) (A) (A) (A) (A) (A) (F) Fab-2 (6") Note1 274 280 283 283 1,121 263 Fab-3 (8") 286 289 292 283 1,150 268 Fab-5 (8") 162 149 144 144 599 139 Fab-6 (8") 295 284 287 287 1,154 269 Fab-8 (8") 275 271 265 255 1,066 247 Fab-12 (12") Note 2 218 219 199 243 879 269 Fab-14 (12") Note 2 238 238 239 243 958 255 WaferTech (8") 106 107 109 109 431 106 TSMC China (8") 128 134 135 135 531 132 TSMC total capacity (8" equiv. Kpcs) 2,431 2,419 2,379 2,467 9,695 2,488 SSMC (8") 64 65 65 65 259 69 Total managed capacity (8" equiv. Kpcs) 2,495 2,483 2,444 2,532 9,955 2,557 Note: 1. Figures represent number of 6" wafers. Conversion to 8"- equivalent wafers is obtained by dividing this number by 1.78 2. Figures represent number of 12" wafers. Conversion to 8"- equivalent wafers is obtained by multiplying this number by 2.25 </pre>
<p>Capacity:</p>
<p>Total managed capacity was 2,532K 8-inch equivalent wafers in 4Q09, increased by 3.6% from 2,444K in 3Q09. TSMC managed capacity in 1Q10 is expected to increase by 1% to reach 2,557K 8-inch equivalent wafers. 12" wafer capacity will increase by 38K (12''). However, due to scheduled annual maintenance and capacity migration to higher nodes, total legacy fabs capacity will decrease by 60K (8'') in the first quarter of 2010.</p>
<p>Total managed capacity in 2009 reached 9,955K 8-inch equivalent wafers, representing an increase of 6.2% from 9,377K 8-inch equivalent wafers in 2008, while capacity for 12-inch wafer fabs increased by 10.8% year-over-year, reaching 41.5% of total 2009 capacity.</p>
<pre style=""> VI. Recap of Recent Important Events &amp; Announcements -- TSMC Announces Process Technologies For Integrated LED Drivers ( 2009/12/15 ) -- TSMC and Motech Announce Strategic Partnership ( 2009/12/09 ) -- TSMC Recognizes Supplier Excellence at Supply Chain Management Forum ( 2009/12/04 ) -- TSMC Launches Automotive Process Qualification Specification and Service Package in China Market ( 2009/11/27 ) -- TSMC Announces Settlement of SMIC Trade Secret Litigation ( 2009/11/10 ) -- Infineon and TSMC Extend Technology And Production Partnership Agreement; Will Jointly Develop 65nm Embedded Flash Process Technology For Automotive and Chip Card Applications ( 2009/11/05 ) TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Consolidated Condensed Balance Sheets (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars("USD ")) (1) December 31, 2009 September 30, 2009 (audited) (unaudited) ASSETS USD NTD % NTD % Current Assets Cash and Cash Equivalents $5,347 $171,276 28.8 $156,935 29.0 Investments in Marketable Financial Instruments 766 24,521 4.1 23,384 4.3 Accounts Receivable - Trade 1,105 35,382 5.9 35,881 6.6 Inventories, Net 653 20,914 3.5 19,176 3.5 Other Current Assets 240 7,711 1.4 8,865 1.7 Total Current Assets 8,111 259,804 43.7 244,241 45.1 Long-Term Investments 1,182 37,845 6.4 38,553 7.1 Properties, Plant and Equipment 30,204 967,419 162.7 911,844 168.3 Less: Accumulated Depreciation (21,660) (693,744) (116.7) (675,028) (124.6) Properties, Plant and Equipment, Net 8,544 273,675 46.0 236,816 43.7 Other Assets 730 23,372 3.9 22,287 4.1 Total Assets $18,567 $594,696 100.0 $541,897 100.0 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts Payables $365 $11,689 2.0 $10,633 2.0 Payables to Contractors and Equipment Suppliers 903 28,924 4.9 15,666 2.9 Accrued Expenses and Other Current Liabilities 1,173 37,571 6.2 28,401 5.2 Current Portion of Bonds Payable and Long-Term Debts 30 949 0.2 309 0.1 Total Current Liabilities 2,471 79,133 13.3 55,009 10.2 Bonds Payable 140 4,500 0.8 4,500 0.8 Other Long-Term Liabilities 375 12,015 2.0 15,761 2.9 Total Liabilities 2,986 95,648 16.1 75,270 13.9 Shareholders' Equity Attributable to Shareholders of the Parent Capital Stock at Par Value 8,087 259,027 43.6 259,007 47.8 Capital Surplus 1,732 55,486 9.3 55,440 10.2 Legal Capital Reserve (2) 2,414 77,317 13.0 77,317 14.3 Special Capital Reserve (2) -- -- -- -- -- Unappropriated Earnings (2) 3,265 104,565 17.5 71,899 13.3 Treasury Stock -- -- -- -- -- Others (41) (1,312) (0.2) (778) (0.2) Total Equity Attributable to Shareholders of the Parent 15,457 495,083 83.2 462,885 85.4 Minority Interests 124 3,965 0.7 3,742 0.7 Total Shareholders' Equity 15,581 499,048 83.9 466,627 86.1 Total Liabilities &amp; Shareholders' Equity $18,567 $594,696 100.0 $541,897 100.0 Note : (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the rate of NT$32.030 as of December 31, 2009. (2) Certain prior period balances have been reclassified to conform to the current period presentation. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Consolidated Condensed Balance Sheets (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD")) (1) (Continued) December 31, 2008 (audited) QoQ YoY ASSETS NTD % Amount % Amount % Current Assets Cash and Cash Equivalents $194,614 34.8 $14,341 9.1 ($23,338) (12.0) Investments in Marketable Financial Instruments 16,836 3.0 1,137 4.9 7,685 45.6 Accounts Receivable - Trade 18,497 3.3 (499) (1.4) 16,885 91.3 Inventories, Net 14,877 2.7 1,738 9.1 6,037 40.6 Other Current Assets 7,795 1.4 (1,154) (13.0) (84) (1.1) Total Current Assets 252,619 45.2 15,563 6.4 7,185 2.8 Long-Term Investments 39,982 7.2 (708) (1.8) (2,137) (5.3) Properties, Plant and Equipment 862,461 154.3 55,575 6.1 104,958 12.2 Less: Accumulated Depreciation (618,816) (110.7) (18,716) 2.8 (74,928) 12.1 Properties, Plant and Equipment, Net 243,645 43.6 36,859 15.6 30,030 12.3 Other Assets 22,671 4.0 1,085 4.9 701 3.1 Total Assets $558,917 100.0 $52,799 9.7 $35,779 6.4 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts Payables $6,043 1.1 $1,056 9.9 $5,646 93.4 Payables to Contractors and Equipment Suppliers 7,999 1.4 13,258 84.6 20,925 261.6 Accrued Expenses and Other Current Liabilities 34,543 6.2 9,170 32.3 3,028 8.8 Current Portion of Bonds Payable and Long-Term Debts 8,222 1.5 640 207.7 (7,273) (88.5) Total Current Liabilities 56,807 10.2 24,124 43.9 22,326 39.3 Bonds Payable 4,500 0.8 -- -- -- -- Other Long-Term Liabilities 17,237 3.1 (3,746) (23.8) (5,222) (30.3) Total Liabilities 78,544 14.1 20,378 27.1 17,104 21.8 Shareholders' Equity Attributable to Shareholders of the Parent Capital Stock at Par Value 256,254 45.8 20 0.0 2,773 1.1 Capital Surplus 49,875 8.9 46 0.1 5,611 11.2 Legal Capital Reserve (2) 67,324 12.0 -- -- 9,993 14.8 Special Capital Reserve (2) 392 0.1 -- -- (392) (100.0) Unappropriated Earnings (2) 102,338 18.3 32,666 45.4 2,227 2.2 Treasury Stock -- -- -- -- -- -- Others 194 0.1 (534) 68.8 (1,506) (777.5) Total Equity Attributable to Shareholders of the Parent 476,377 85.2 32,198 7.0 18,706 3.9 Minority Interests 3,996 0.7 223 6.0 (31) (0.7) Total Shareholders' Equity 480,373 85.9 32,421 6.9 18,675 3.9 Total Liabilities &amp; Shareholders' Equity $558,917 100.0 $52,799 9.7 $35,779 6.4 Note : (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the rate of NT$32.030 as of December 31, 2009. (2) Certain prior period balances have been reclassified to conform to the current period presentation. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Unaudited Consolidated Condensed Income Statements For the Three Months Ended December 31, 2009, September 30, 2009, December 31, 2008 (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD") (1) Except for Per Share Amounts and Shares Outstanding) 4Q 2009 3Q 2009 USD NTD % NTD % Net Sales $2,849 $92,094 100.0 $89,936 100.0 Cost of Sales (1,466) (47,399) (51.5) (47,078) (52.3) Gross Profit 1,383 44,695 48.5 42,858 47.7 Operating Expenses Research and Development Expenses (203) (6,567) (7.1) (6,202) (6.9) General and Administrative Expenses (101) (3,269) (3.6) (3,541) (3.9) Sales and Marketing Expenses (38) (1,217) (1.3) (1,131) (1.3) Total Operating Expenses (342) (11,053) (12.0) (10,874) (12.1) Income from Operations 1,041 33,642 36.5 31,984 35.6 Non-Operating Income, Net 44 1,427 1.6 519 0.6 Investment Gains 9 299 0.3 454 0.5 Income before Income Tax 1,094 35,368 38.4 32,957 36.6 Income Tax Expenses (77) (2,508) (2.7) (2,285) (2.5) Net Income 1,017 32,860 35.7 30,672 34.1 Minority Interests (6) (194) (0.2) (121) (0.1) Net Income Attributable to Shareholders of the Parent 1,011 32,666 35.5 30,551 34.0 Earnings per Share - Diluted $0.04 $1.26 -- $1.18 -- Earnings per ADR - Diluted (2) $0.19 $6.30 -- $5.88 -- Weighted Average Outstanding Shares - Diluted ('M) (3) -- 25,916 -- 25,984 -- Note: (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD32.320 for the fourth quarter of 2009. (2) 1 ADR equals 5 ordinary shares. (3) Total diluted weighted average outstanding shares were 25,942M shares for 4Q08 after the retroactive adjustments for stock dividends and stock bonus. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Unaudited Consolidated Condensed Income Statements For the Three Months Ended December 31, 2009, September 30, 2009, December 31, 2008 (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD") (1) Except for Per Share Amounts and Shares Outstanding) (Continued) 4Q 2008 QoQ YoY NTD % Amount % Amount % Net Sales $64,562 100.0 $2,158 2.4 $27,532 42.6 Cost of Sales (44,367) (68.7) (321) 0.7 (3,032) 6.8 Gross Profit 20,195 31.3 1,837 4.3 24,500 121.3 Operating Expenses Research and Development Expenses (4,826) (7.5) (365) 5.9 (1,741) 36.1 General and Administrative Expenses (2,285) (3.5) 272 (7.7) (984) 43.0 Sales and Marketing Expenses (1,062) (1.6) (86) 7.6 (155) 14.6 Total Operating Expenses (8,173) (12.7) (179) 1.6 (2,880) 35.2 Income from Operations 12,022 18.6 1,658 5.2 21,620 179.8 Non-Operating Income, Net 1,412 2.2 908 174.7 15 1.0 Investment Gains (340) -0.5 (155) (34.0) 639 (187.9) Income before Income Tax 13,094 20.3 2,411 7.3 22,274 170.1 Income Tax Expenses (452) (0.7) (223) 9.8 (2,056) 454.7 Net Income 12,642 19.6 2,188 7.1 20,218 159.9 Minority Interests (196) (0.3) (73) 60.2 2 (0.8) Net Income Attributable to Shareholders of the Parent 12,446 19.3 2,115 6.9 20,220 162.5 Earnings per Share - Diluted $0.48 $0.08 7.2 $0.78 162.7 Earnings per ADR - Diluted (2) $2.40 $0.42 7.2 $3.90 162.7 Weighted Average Outstanding Shares - Diluted ('M) (3) 25,942 -- -- -- -- Note: (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD32.320 for the fourth quarter of 2009. (2) 1 ADR equals 5 ordinary shares. (3) Total diluted weighted average outstanding shares were 25,942M shares for 4Q08 after the retroactive adjustments for stock dividends and stock bonus. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Audited Consolidated Condensed Income Statements For the Year Ended December 31, 2009 and 2008 (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD")(1) Except for Per Share Amounts and Shares Outstanding) For the Year Ended December 31 2009 2008 USD NTD % NTD % Net Sales $8,998 $295,742 100.0 $333,158 100.0 Cost of Sales (5,063) (166,413) (56.3) (191,408) (57.5) Gross Profit 3,935 129,329 43.7 141,750 42.5 Operating Expenses Research and Development Expenses (657) (21,593) (7.3) (21,481) (6.4) General and Administrative Expenses (343) (11,286) (3.8) (11,097) (3.3) Sales and Marketing Expenses (137) (4,488) (1.5) (4,737) (1.4) Total Operating Expenses (1,137) (37,367) (12.6) (37,315) (11.1) Income from Operations 2,798 91,962 31.1 104,435 31.4 Non-Operating Income, Net 105 3,455 1.2 6,335 1.9 Investment Gains (Losses) 1 46 -- 702 0.2 Income before Income Tax 2,904 95,463 32.3 111,472 33.5 Income Tax Expenses (182) (5,997) (2.0) (10,949) (3.3) Net Income 2,722 89,466 30.3 100,523 30.2 Minority Interests (8) (248) (0.1) (590) (0.2) Net Income Attributable to Shareholders of the Parent 2,714 89,218 30.2 99,933 30.0 Earnings per Share - Diluted $0.10 $3.44 -- $3.81 -- Earnings per ADR - Diluted (2) $0.52 $17.21 -- $19.05 -- Weighted Average Outstanding Shares - Diluted ('M) (3) -- 25,914 -- 26,236 -- Note: (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD 32.868 for the year ended December 31, 2009. (2) 1 ADR equals 5 ordinary shares. (3) Total diluted weighted average outstanding shares were 26,236M shares for the year ended December 31, 2008 after the retroactive adjustment for stock dividends. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Audited Consolidated Condensed Income Statements For the Year Ended December 31, 2009 and 2008 (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD")(1) Except for Per Share Amounts and Shares Outstanding) For the Year Ended December 31 YoY Amount % Net Sales ($37,416) (11.2) Cost of Sales 24,995 (13.1) Gross Profit (12,421) (8.8) Operating Expenses Research and Development Expenses (112) 0.5 General and Administrative Expenses (189) 1.7 Sales and Marketing Expenses 249 (5.3) Total Operating Expenses (52) 0.1 Income from Operations (12,473) (11.9) Non-Operating Income, Net (2,880) (45.5) Investment Gains (Losses) (656) (93.4) Income before Income Tax (16,009) (14.4) Income Tax Expenses 4,952 (45.2) Net Income (11,057) (11.0) Minority Interests 342 (57.9) Net Income Attributable to Shareholders of the Parent (10,715) (10.7) Earnings per Share - Diluted ($0.37) (9.6) Earnings per ADR - Diluted (2) ($1.84) (9.6) Weighted Average Outstanding Shares - Diluted ('M) (3) -- -- Note: (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD 32.868 for the year ended December 31, 2009. (2) 1 ADR equals 5 ordinary shares. (3) Total diluted weighted average outstanding shares were 26,236M shares for the year ended December 31, 2008 after the retroactive adjustment for stock dividends. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flows For the Year Ended December 31, 2009 and for the Three Months Ended December 31, 2009, September 30, 2009, and December 31, 2008 (Expressed in Millions of New Taiwan Dollars ("NTD") and U.S. Dollars ("USD")) (1) 2009 4Q 2009 3Q 2009 4Q 2008 (audited) (unaudited)(unaudited)(unaudited) USD NTD NTD NTD NTD Cash Flows from Operating Activities: Net Income $2,714 $89,218 $32,666 $30,551 $12,446 Net Income Attributable to Minority Interest 8 248 194 121 196 Depreciation &amp; Amortization 2,459 80,815 20,277 20,001 20,961 Deferred Income Tax (53) (1,752) (630) (426) 154 Equity in Losses (Earnings) of Equity Method Investees, Net (1) (46) (299) (454) 340 Changes in Working Capital &amp; Others (260) (8,517) 9,791 (3,138) 29,147 Net Cash Provided by Operating Activities 4,867 159,966 61,999 46,655 63,244 Cash Flows from Investing Activities: Acquisitions of: Marketable Financial Instruments (1,552) (51,025) (19,979) (20,827) (33,059) Investments Accounted for Using Equity Method (1) (43) (11) (32) (1) Property, Plant and Equipment (2,671) (87,785) (42,715) (32,038) (11,258) Financial Assets Carried at Cost (10) (321) (51) (139) (73) Proceeds from Disposal or maturity of: Marketable Financial Instruments 1,338 43,985 16,394 1,886 63,368 Property, Plant and Equipment 1 24 17 2 24 Financial Assets Carried at Cost 4 131 37 19 73 Others (44) (1,434) (794) (381) (1,061) Net Cash Used In Investing Activities (2,935) (96,468) (47,102) (51,510) 18,013 Cash Flows from Financing Activities: Decrease in Guarantee Deposits (15) (478) (151) (77) (140) Proceeds from Exercise of Stock Options 8 261 70 162 5 Bonus Paid to Directors and Supervisors -- -- -- -- -- Repayment of Long- Term Bonds Payable (243) (8,000) -- -- -- Cash Dividends Paid for Common Stock (2,339) (76,876) -- (76,876) -- Repurchase of Treasury Stock -- -- -- -- -- Cash Bonus Paid to Employees -- -- -- -- -- Others (11) (378) (196) (191) (163) Net Cash Used in Financing Activities (2,600) (85,471) (277) (76,982) (298) Net Increase (Decrease) in Cash and Cash Equivalents (668) (21,973) 14,620 (81,837) 80,959 Effect of Exchange Rate Changes and Others (42) (1,365) (279) (745) 1,209 Cash and Cash Equivalents at Beginning of Period 5,921 194,614 156,935 239,517 112,446 Cash and Cash Equivalents at End of Period $5,211 $171,276 $171,276 $156,935 $194,614 Note: (1) Amounts in New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD32.868 for the year ended December 31, 2009. </pre>
<p>Safe Harbor Notice:</p>
<p>The statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. TSMC cautions readers that forward-looking statements are subject to significant risks and uncertainties and are based on TSMC's current expectations. Actual results may differ materially from those contained in such forward-looking statements for a variety of reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor industry; demand and supply for TSMC's foundry manufacturing capacity in particular and for foundry manufacturing capacity in general; intense competition; the failure of one or more significant customers to continue to place the same level of orders with us; TSMC's ability to remain a technological leader in the semiconductor industry; TSMC's ability to manage its capacity; TSMC's ability to obtain, preserve and defend its intellectual property rights; natural disasters and other unexpected events which may disrupt production; and exchange rate fluctuations. Additional information as to these and other risk factors that may cause TSMC's actual results to differ materially from TSMC's forward-looking statements may be found in TSMC's Annual Report on Form 20-F, filed with the United States Securities and Exchange Commission (the "SEC") on April 17, 2009, and such other documents as TSMC may file with, or submit to, the SEC from time to time. Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.</p>
<pre style=""> CONTACT: Elizabeth Sun Investor Relations Division TSMC Email: invest@tsmc.com Tel: +886-3-568-2085 </pre>
<p>SOURCE Taiwan Semiconductor Manufacturing Company Limited</p>
</div>
<img src="http://links.newstex.com/image?c=9100008&amp;p=105090&amp;s=41573500" /></div>
<br />
<div style="">Source: PR Newswire (January 28, 2010 - 2:00 AM EST) <br /></div>
</span></p>]]>
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    <item>
      <title>[Press Release] Qualcomm and TSMC Collaborating on 28nm Process Technology</title>
      <guid>message_4404</guid>
      <pubDate>08 Jan 2010 08:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4404</link>
      <description>
        <![CDATA[<p><span>SAN DIEGO</span> and HSINCHU, <span>TAIWAN</span>, R.O.C., <span>Jan. 8</span> /PRNewswire-FirstCall/ -- Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced that the Company is working closely with foundry partner Taiwan Semiconductor Manufacturing Company (TWSE: 2330, NYSE: TSM) on 28 nanometer (nm) process technology. The advanced process node enables more features to be integrated into smaller chips with a high level of cost efficiency, accelerating the expansion of wireless into new market segments.</p>

<p>Small form factor and low power consumption are important features of Qualcomm's next generation of system-on-a-chip (SoC) solutions, including the Snapdragon&trade; chipset platform. The two companies are capitalizing on their long-term relationship as Qualcomm works on migrating directly from the 45nm to the 28nm node.</p>
<p>"TSMC prides itself on its ability to deliver cutting-edge technology platforms, including the related design ecosystems.  Our 28nm platform supports the high-performance, low-power products that deliver next-generation experiences," said <span>Jason Chen</span>, vice president of Worldwide Sales and Marketing.  "We are pleased to be working with Qualcomm, a market leader in wireless technology, on bringing these new experiences to reality."</p>
<p>"Qualcomm's close collaboration with TSMC has always been a key part of our ability to deliver significant advantages to our customers through the industry-leading integration, power efficiency and cost efficiency of our products &ndash; enabling them to do more with less," said <span>Jim Clifford</span>, senior vice president and general manager of Qualcomm CDMA Technologies.  "Qualcomm's integrated fabless manufacturing model and migration to smaller geometries will allow us to continue enabling the best mobile user experience possible on handsets, smartphones and smartbook devices."</p>
<p>Qualcomm and TSMC worked closely on 65nm and 45nm technologies.  They are continuing their relationship into low-power, low-leakage 28nm designs for high-volume manufacturing.  Delivering up to twice the density of previous manufacturing nodes, 28nm technology allows semiconductors that power mobile devices to do far more with less power.  Qualcomm and TSMC are working on both high-k metal gate (HKMG) 28HP and silicon oxynitride (SiON) 28LP technologies.  Qualcomm expects to tape out its first commercial 28nm products in mid-2010.  </p>
<p>Close collaboration with strategic technology and foundry partners is a key part of Qualcomm's Integrated Fabless Manufacturing (IFM) business model, which delivers greater efficiencies and accelerated technology advancement to the industry.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2009 exceeded 10 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs&trade;, four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (<span>China</span>), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, <span>Taiwan</span>. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=An1TQ0qOjLElicq0no3U8saxcq9_;_ylu=X3oDMTE2OXVuMWloBHBvcwMxBHNlYwNuZXdzYXJ0Ym9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a>.</p>
<p><strong>About Qualcomm</strong></p>
<p>Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies.  Headquartered in <span>San Diego, Calif.</span>, Qualcomm is included in the S&amp;P 100 Index, the S&amp;P 500 Index and is a 2009 FORTUNE 500 company.  For more information, please visit Qualcomm around the Web:</p>
<p><a href="http://us.lrd.yahoo.com/_ylt=AgyQETorY16o3mutqLwmpD6xcq9_;_ylu=X3oDMTE2c2lpM2YzBHBvcwMyBHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3cXVhbGNvbW1j/SIG=10t7g01ro/**http%3A//www.qualcomm.com/" target="_blank"><strong>www.qualcomm.com</strong></a></p>
<p><em>Blog: </em><a href="http://us.lrd.yahoo.com/_ylt=AqUduNf8i.nvd4IG_tfdNtyxcq9_;_ylu=X3oDMTE2ajRqZHV0BHBvcwMzBHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3cXVhbGNvbW1j/SIG=111gkn92g/**http%3A//www.qualcomm.com/blog" target="_blank"><em>www.qualcomm.com/blog</em></a></p>
<p><em>Twitter: </em><a href="http://us.lrd.yahoo.com/_ylt=Auosvno_SEOdIldYWKz4Niaxcq9_;_ylu=X3oDMTE2bWxiMXZjBHBvcwM0BHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3dHdpdHRlcmNv/SIG=114dnnvsi/**http%3A//www.twitter.com/qualcomm" target="_blank"><em>www.twitter.com/qualcomm</em></a></p>
<p><em>Facebook: </em><a href="http://us.lrd.yahoo.com/_ylt=Auo3i1h6AnpjRL2xFns7Pb6xcq9_;_ylu=X3oDMTE2dmdubzl1BHBvcwM1BHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3ZmFjZWJvb2tj/SIG=115j5nseu/**http%3A//www.facebook.com/Qualcomm" target="_blank"><em>www.facebook.com/Qualcomm</em></a></p>
<p>Qualcomm is a registered trademark of Qualcomm Incorporated.  CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA USA).  All other trademarks are the property of their respective owners.</p>]]>
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      <title>[Press Release] TSMC Helps LSI Reduce Leakage 25 Percent on Next Generation Product</title>
      <guid>message_4370</guid>
      <pubDate>06 Jan 2010 08:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4370</link>
      <description>
        <![CDATA[<p>HSINCHU, <span>Taiwan</span>, <span>Jan. 6</span> /PRNewswire-FirstCall/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC) (TWSE: 2330, NYSE: TSM) today announced that LSI Corporation achieved over 25% overall leakage reduction in a next generation product by implementing TSMC's PowerTrim power optimization technology on the company's 65nm low power (LP) process.</p>

<p>PowerTrim is a first-of-its-kind technology that blends a layer of design technology with advanced semiconductor processing to optimize a design's power leakage. Tela Innovations provides the patented PowerTrim technology and services under an exclusive license to TSMC.</p>
<p>PowerTrim software analyzed the LSI design and substituted cells with small increases in gate length on non-critical timing paths. These small changes make a significant impact since increasing gate length exponentially reduces leakage current.</p>
<p>"Low power consumption and high performance are key to the success of our products," said <span>Norm Lawrence</span>, director of Product and Test Engineering, Networking Components Division at LSI Corporation. "Working closely with TSMC and Tela Innovations, PowerTrim helped us reduce leakage power by over 25% while improving our yield distribution for leakage."</p>
<p>PowerTrim performs speed/power tradeoffs using a CD biasing technique that analyzes designs and intelligently applies gate length biases to the appropriate cells (i.e. non-critical paths possessing sufficient timing "slack"). The technology optimizes transistors along these paths without reducing chip performance. The gate CD biases are implemented as part of the Optical Proximity Correction (OPC) flow.  The process does not impact cell footprint or chip area. The result is significant leakage power reduction while maintaining chip performance and area. PowerTrim also significantly reduces leakage power variability resulting in improved parametric yield.</p>
<p>"Enabling our customers to improve important product features like power consumption is one of the key objectives of TSMC's Open Innovation Platform(TM)<sup> </sup>initiative," said ST Juang, senior director of Design Infrastructure Marketing at TSMC. "Collaborating with innovative companies like Tela Innovations to provide an Open Innovation(TM) program creates differentiated value that is the central vision behind this initiative. We are quite pleased with the results that LSI achieved and are encouraged by their decision to deploy PowerTrim."  </p>
<p>The PowerTrim service is implemented in conjunction with other leakage reduction techniques such as multi-Vt cell libraries, reverse body biasing, header/footer sleep switches, and voltage islands. It provides additional leakage improvements and is more efficient in terms of leakage reduction per unit of slack than high-Vt transistors.</p>
<p><strong>Availability</strong></p>
<p>PowerTrim is available directly from TSMC for advanced process technologies including 90nm, 80nm, 65nm, 55nm, and 40nm process nodes. Tela's technology is exclusively embedded in PowerTrim. Contact TSMC account management for more information.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2009 exceeded 10 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs&trade;, four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (<span>China</span>), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, <span>Taiwan</span>. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=An1TQ0qOjLElicq0no3U8saxcq9_;_ylu=X3oDMTE2OXVuMWloBHBvcwMxBHNlYwNuZXdzYXJ0Ym9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a>.</p>]]>
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      <title>[Press Release] TSMC Announces Process Technologies for Integrated LED Drivers</title>
      <guid>message_4247</guid>
      <pubDate>15 Dec 2009 08:30:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4247</link>
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        <![CDATA[<p>......</p>]]>
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      <title>[Press Release] TSMC Launches Automotive Process Qualification Specification and Service Package</title>
      <guid>message_4138</guid>
      <pubDate>27 Nov 2009 08:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/4138</link>
      <description>
        <![CDATA[<h2>TSMC Commits to China Automotive Excellence by Meeting AEC Guidelines</h2>
<p>HSINCHU, Taiwan, R.O.C., Nov. 27 /PRNewswire-FirstCall/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) today announced that it plans to launch the automotive industry's first process qualification specification and service package for automotive-grade semiconductor manufacturing at the China IC Design Conference being held in Xiamen on December 2.</p>
<p>The company also announced that its Fab 10, located in Shanghai, is prepared to manufacture automotive grade ICs.</p>
<p>The automotive process qualification specification, made broadly public today, was first proposed at the Automotive Electronic Council's (AEC) annual Reliability Workshop in June 2008. Semiconductor devices in automobiles wear out quickly due to the stringent operating environment, and it is critical that the inherent manufacturing process can support semiconductor devices that will last far beyond the vehicle's lifetime.</p>
<p>TSMC has also developed a comprehensive Automotive Service Package to complement customers' test coverage and test methodology to reduce the field failure rate. TSMC Automotive Service Package incorporate tightened process control, device level screen limit, and wafer sorting scrap criteria, additional SPC monitoring, preferred tools, etc. It significantly reduces process variation and outliers.</p>
<p>"Integrated circuits of all types are playing a larger role in the automotive industry. Our commitment is to support automotive IC technology including innovations that are taking place in China," said Jason Chen, Vice President, Worldwide Sales and Marketing, TSMC. "We are backing this commitment with action by dedicating our efforts at Fab 10 in Shanghai to accelerate the growth of China's automotive present and future."</p>
<p>TSMC Fab 10 in Shanghai, along with multiple fabs in Taiwan, has successfully established the capability of supporting the automotive service package. The automotive process route in Fab 10 is available for global auto supply chain companies, including those in China.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AkLsyV022FD1modIf4MTELaxcq9_;_ylu=X3oDMTE2OXVuMWloBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a>.</p>]]>
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      <title>[Press Release] Infineon and TSMC Extend Technology And Production Partnership</title>
      <guid>message_3813</guid>
      <pubDate>05 Nov 2009 06:30:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3813</link>
      <description>
        <![CDATA[<p>NEUBIBERG, Germany and HSINCHU, Taiwan, R.O.C., Nov. 5 /PRNewswire-FirstCall/ -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Taiwan Semiconductor Manufacturing Company (TWSE: 2330, NYSE: TSM) today announced that they are extending their development and production partnership to a 65nanometer (nm) embedded flash (eFlash) process technology targeting next generation automotive, chip card and security applications. Based on the agreement, Infineon and TSMC will jointly develop 65nm process technologies for eFlash microcontrollers (MCUs) that fulfill the stringent quality requirements of the automotive industry, as well as the demanding security requirements of the chip card and security markets.</p>
<p>The partnership extension with TSMC is in line with Infineon's strategy to outsource manufacturing and to engage in technology co-development for 65nm and smaller geometry processes. The 65nm eFlash technology for automotive applications supports the high degree of functional integration required that drive the performance and features called for in upcoming safety and emission standards. The 65nm eFlash technology for chip card and security applications will support Infineon's innovation focus on tailored security that offers the appropriate level of security at the best cost-performance ratio, for applications in the smart card form factor and beyond.</p>
<p>Process and product qualification for security MCUs is scheduled for the second half of 2012. Automotive MCU qualification and production start is scheduled for the first half of 2013. Infineon's 32-bit TriCore(TM) family MCUs will be the first automotive products produced on the 65nm eFlash process. Ultimately, TSMC will manufacture Infineon's broad range of security microcontrollers that feature contact-based, contact-less or dual interface.</p>
<p>"We are pleased to extend our collaboration with TSMC as a stable and reliable partner into new applications," explained Jochen Hanebeck, President of the Automotive Division at Infineon Technologies. "We are confident that TSMC with its strong manufacturing excellence background will be able to fulfill the stringent automotive market requirements with their particular focus on quality."</p>
<p>Dr. Helmut Gassel, President of Infineon's Chip Card &amp; Security Division, added: "For smart card and security applications, Infineon has safeguarded a long-term production partner. We trust in TSMC to master the demanding obligations of Infineon as an innovative and reliable source providing long-term and stable supply of security microcontrollers. Indicating our firm and ongoing commitment to highest security standards, it is understood that TSMC will be audited under the most stringent international security specifications as being provided by Infineon."</p>
<p>"Infineon is an acknowledged leader in a number of technology and application segments. They have a world-class reputation in embedded flash development and have earned the respect of the automotive and chip card industry for their product quality and innovation. TSMC is committed to providing the manufacturing quality required by our automotive customers. We will provide that same level of excellence and the security required for their smart card applications," said C.C. Wei, Senior Vice President, Business Development, TSMC.</p>
<p>Infineon and TSMC have compiled more than a decade-long partnership covering several Infineon's applications, such as industrial and wireline. Based on a manufacturing agreement to use TSMC 65nm low-power technology for Infineon's products employed in mobile devices, which started about two years ago, the move to automotive and chip card applications signals a firm and ongoing commitment on the part of both companies to a strong development alliance and a stable and long-term production partnership.</p>
<p>Infineon is one of two market leaders that both hold a 9.5% share of the worldwide automotive electronics market in 2008, worth about US$18.3 billion. Infineon is the number one chip card semiconductor vendor, with 25.5 percent of the worldwide market valued at US$2.4 billion in 2008.</p>
<p>TSMC is the only dedicated foundry to offer 0.25-micron and 0.18-micron embedded flash IP that meet AEC-Q100 specification.</p>
<p><strong>About Infineon</strong></p>
<p>Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2008 fiscal year (ending September), the company reported sales of Euro 4.3 billion with approximately 29,100 employees worldwide in continuing operations. With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Further information is available at <a href="http://us.lrd.yahoo.com/_ylt=Alz1BLfQMb7kv.z9JnhLKImxcq9_;_ylu=X3oDMTE2YjcxZTNsBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3aW5maW5lb25j/SIG=10tkuhot2/**http%3A//www.infineon.com/" target="_blank"><span style="text-decoration: underline;">www.infineon.com</span></a></p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=As5_QQWBgauaGEnPjEpoXHaxcq9_;_ylu=X3oDMTE2ZHJwb3BtBHBvcwMyBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><span style="text-decoration: underline;"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></span></a></p>
<p>This news release is available online at <a href="http://us.lrd.yahoo.com/_ylt=AvlpVx9hdUUSwZtqNhSABVCxcq9_;_ylu=X3oDMTE2bXV2azh1BHBvcwMzBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3aW5maW5lb25j/SIG=113in8nso/**http%3A//www.infineon.com/press/" target="_blank"><span style="text-decoration: underline;">www.infineon.com/press/</a> and at <a href="http://us.lrd.yahoo.com/_ylt=AmXByRz4x6SZ2vvpIyTx2hOxcq9_;_ylu=X3oDMTE0cWtyMmRoBHBvcwM0BHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3dHNtY2NvbQ--/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><span style="text-decoration: underline;">www.tsmc.com/</span></a></p>]]>
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      <title>[Press Release] Additional Detail Regarding TSMC Expects Next Year to be a Record Year</title>
      <guid>message_3757</guid>
      <pubDate>30 Oct 2009 04:49:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3757</link>
      <description>
        <![CDATA[<p>HSINCHU, Taiwan, R.O.C., Oct. 30 /PRNewswire-FirstCall/ -- At TSMC's third quarter investors' conference on October 29, TSMC Chairman Dr. Morris Chang commented that "For TSMC, we expect next year to be a record year." TSMC Spokesperson and Chief Financial Officer Ms. Lora Ho provides additional detail regarding this statement.</p>

<p>"Setting a record year in 2010 is TSMC's internal target and should not be viewed as a financial forecast," said Ms. Ho. "What Chairman Chang has referred to as TSMC's profit record was the net profit set in 2006. However, he has also indicated internally that this profit goal will be adjusted by employee profit sharing expensing, which is currently 15% of net income. Using 2006 net income of NT$127 billion, the profit record that TSMC aims to break in 2010 will be NT$108 billion."</p>]]>
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      <title>[Press Release] TSMC Reports Third Quarter EPS of NT$1.18</title>
      <guid>message_3749</guid>
      <pubDate>29 Oct 2009 07:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3749</link>
      <description>
        <![CDATA[<p>HSIN-CHU, Taiwan, Oct. 29 /PRNewswire-Asia-FirstCall/ -- TSMC (TAIEX: 2330; NYSE: TSM) today announced consolidated revenue of NT$89.94 billion, net income of NT$30.55 billion, and diluted earnings per share of NT$1.18 (US$0.18 per ADS unit) for the third quarter ended September 30, 2009.</p>
<p>Year-over-year, third quarter revenue decreased 3.3% while net income decreased 0.1% and diluted EPS increased 0.3%.  Compared to second quarter of 2009, third quarter results represent a 21.2% increase in revenue, an increase of 25% in net income, and an increase of 24.8% in diluted EPS.  All figures were prepared in accordance with R.O.C. GAAP on a consolidated basis.</p>
<p>Gross margin for the quarter was 47.7%, operating margin was 35.6%, and net margin was 34%.</p>
<p>As demand outlook continued to improve, third quarter saw a solid growth in the demand for semiconductors across all major applications.</p>
<p>Advanced process technologies (0.13-micron and below) accounted for 67% of wafer revenues. 90-nanometer process technology accounted for 18% of wafer revenues, 65-nanometer 31%, and 40-nanometer exceeded 4% of total wafer sales.</p>
<p>"For the fourth quarter, we expect the demand from computer related applications to grow strongly while communication related applications will take a pause after two consecutive quarters' strong momentum, and consumer applications will decline following their seasonal pattern," said Lora Ho, VP and Chief Financial Officer of TSMC.  "Based on our current business outlook, management expects overall performance for fourth quarter 2009 to be as follows:</p>
<pre>    -- Revenue is expected to be between NT$90 billion and NT$92 billion;<br />    -- Gross profit margin is expected to be between 47% and 48.5%;<br />    -- Operating profit margin is expected to be between 35.5% and 37%."<br /></pre>
<p>Lora Ho further said: "Due to stronger demand for 40-nanometer and 65-nanometer technologies, TSMC 2009 capital expenditure is further raised and is expected to be around US$2.7 billion."</p>
<p>Conference Call &amp; Webcast Notice:</p>
<p>TSMC's quarterly review conference call will be held at 8 a.m. Eastern Time (8 p.m. Taiwan Time) on Thursday, October 29, 2009.  The conference call will also be webcast live on the Internet.  Investors wishing to access the live webcast should visit TSMC's web site at <a href="http://us.lrd.yahoo.com/_ylt=AruNumFCp.JI0oVuQhsoA4axcq9_;_ylu=X3oDMTE2OXVuMWloBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a> at least 15 minutes prior to the broadcast.  Instructions will be provided on the web site to facilitate the download and installation of necessary audio applications. Investors without Internet access may listen to the conference call, in listen-only mode, by dialing 1-617-614-3518 in the U.S., 852-3002-1672 in Hong Kong, and 44-207-365-8426 in the U.K. (Password: TSMC).  An archived version of the webcast will be available on TSMC's web site for six months following the Company's quarterly review conference call and webcast.</p>
<p>Profile</p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IPs, design tools and reference flows. The Company's total managed capacity in 2008 exceeded nine million (8-inch equivalent) wafers, including capacity from two advanced 12-inch GIGAFABs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC China, and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AhlK1oMoaXjR3cNHiZGbqQ.xcq9_;_ylu=X3oDMTE2ZHJwb3BtBHBvcwMyBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><a href="http://www.tsmc.com" target="_blank">http://www.tsmc.com</a></a> .</p>
<pre>                   (Management Report and Tables Follow)<br /><br /><br /><br />    TSMC 3Q09 Quarterly Management Report October 29, 2009<br /><br />    Topics in This Report<br /><br />    -- Revenue Analysis<br />    -- Profit &amp; Expense Analysis<br />    -- Financial Condition Review<br />    -- Cash Flow<br />    -- CapEx &amp; Capacity<br />    -- Recap of Recent Important Events &amp; Announcements<br /><br />    Operating Results Review:<br /><br /><br /><br />    Summary:<br /><br />    (Amounts are on consolidated basis<br />    and are in NT billions except<br />    otherwise noted)                        3Q09   2Q09    3Q08    QoQ    YoY<br /><br />    EPS (NT$ per common share)              1.18   0.94    1.17  24.8%   0.3%<br />        (US$ per ADR unit)                  0.18   0.14    0.19     --     --<br /><br />    Consolidated Net Sales                 89.94  74.21   92.98  21.2%  (3.3%)<br />    Gross Profit                           42.86  34.30   43.09  25.0%  (0.5%)<br />    Gross Margin                           47.7%  46.2%   46.3%     --     --<br /><br />    Operating Expense                     (10.87) (9.17) (10.18) 18.6%   6.9%<br />    Operating Income                       31.99  25.13   32.91  27.3%  (2.8%)<br />    Operating Margin                       35.6%  33.9%   35.4%     --     --<br />    Non-Operating Items                     0.97   1.26    1.51     --     --<br /><br />    Net Income                             30.55  24.44   30.57  25.0%  (0.1%)<br />    Net Profit Margin                      34.0%  32.9%   32.9%     --     --<br /><br />    Wafer Shipment (kpcs 8 inch-equiv.)    2,445  1,971   2,411  24.0%   1.4%<br /><br />    Note: Total outstanding shares were 25,901mn units on 9/30/09<br /><br /><br /><br />    Financial Highlights:<br /><br />    Third Quarter 2009<br /><br />    -- Consolidated net sales were NT$89.94 billion, representing a 21.2%<br />       growth from NT$74.21 billion in 2Q09 and a 3.3% decline from NT$92.98<br />       billion in 3Q08.<br />    -- Gross margin was 47.7%, 1.5 percentage points higher than 2Q09 and 1.4<br />       percentage points higher than 3Q08.<br />    -- Operating margin was 35.6%, 1.7 percentage points higher than 2Q09 and<br />       0.2 percentage point higher than 3Q08. Operating expenses were NT$10.87<br />       billion, NT$1.7 billion and NT$0.69 billion higher than prior and<br />       year-ago quarter, respectively.<br />    -- The combined result from non-operating income and long-term investments<br />       was a gain of NT$0.97 billion, comparing with a gain of NT$1.26 billion<br />       in 2Q09 and a gain of NT$1.51 billion in 3Q08.<br />    -- Consolidated net income attributable to shareholders of the parent<br />       company was NT$30.55 billion, 25.0% increase from prior quarter. Net<br />       profit margin was 34.0% and diluted EPS was NT$1.18.<br /><br /><br /><br />    I. Revenue Analysis<br /><br />       I.  Wafer Sales Analysis<br /><br />       By Application                         3Q09        2Q09        3Q08<br />       Computer                                30%         28%         33%<br />       Communication                           46%         45%         41%<br />       Consumer                                18%         21%         20%<br />       Industrial/Others                        6%          6%          6%<br /><br />       By Technology                          3Q09        2Q09        3Q08<br />       45/40nm                                  4%          1%          0%<br />       65nm                                    31%         28%         25%<br />       90nm                                    18%         23%         26%<br />       0.11/0.13um                             14%         13%         15%<br />       0.15/0.18um                             21%         23%         22%<br />       0.25/0.35um                              9%          9%          9%<br />       0.50um+                                  3%          3%          3%<br /><br />       By Customer Type                       3Q09        2Q09        3Q08<br />       Fabless/System                          80%         82%         70%<br />       IDM                                     20%         18%         30%<br /><br />       By Geography                           3Q09        2Q09        3Q08<br />       North America                           70%         65%         74%<br />       Asia Pacific                            13%         18%         11%<br />       China                                    3%          3%          1%<br />       Europe                                  11%         11%         11%<br />       Japan                                    3%          3%          3%<br /><br /><br /></pre>
<p>Revenue Analysis:</p>
<p>3Q09 business saw a continued improvement with demand growing across the board. Sequentially, revenues from computer applications grew the most with 29% quarter-over-quarter growth rate, followed by communication's 25% and consumer's 11%, respectively.</p>
<p>As a result of continued ramp-up of our 40/45nm technology, revenues from 40/45nm were more than quadrupled during the quarter and accounted for 4% of total wafer sales. Meanwhile, revenues from 65nm and 90nm each accounted for 31% and 18% of total wafer sales. Overall, revenues from advanced technologies (0.13-micron and below) represented 67% of total wafer sales, two percentage points up from prior quarter.</p>
<p>Revenues from IDM customers accounted for 20% of total wafer sales in 3Q09, two percentage points increase from 2Q09.</p>
<p>From a geographic perspective, revenues from customers based in North America accounted for 70% of total wafer sales, five percentage points up from prior quarter. Meanwhile, sales from Asia Pacific, China, Europe and Japan accounted for 13%, 3%, 11%, and 3% of total wafer sales, respectively.</p>
<pre>    II. Profit &amp; Expense Analysis<br /><br /><br /><br />    II - 1. Gross Profit Analysis<br /><br />    (In NT billions)                            3Q09        2Q09        3Q08<br /><br />    COGS                                       47.08       39.91       49.89<br />    Depreciation                               18.37       18.54       19.06<br />    Other MFG Cost                             28.71       21.37       30.83<br /><br />    Gross Profit                               42.86       34.30       43.09<br /><br />    Gross Margin                               47.7%       46.2%       46.3%<br /><br /><br /></pre>
<p>Gross Profit Analysis:</p>
<p>Gross margin for the third quarter 2009 was 47.7%, up from 46.2% of prior quarter. The 1.5 percentage points improvement in gross margin was primarily due to a higher level of capacity utilization and continued cost improvement, partially offset by a decline in pure price and unfavorable exchange rate.</p>
<pre><br />    II - 2. Operating Expenses<br /><br />    (In NT billions)                            3Q09        2Q09        3Q08<br /><br />    Total Operating Exp.                       10.87        9.17       10.18<br />    SG&amp;A                                        4.67        4.07        4.20<br />    Research &amp; Development                      6.20        5.10        5.98<br />    Total Operating Exp. as a % of Sales       12.1%       12.3%       10.9%<br /><br /><br /></pre>
<p>Operating Expenses:</p>
<p>Total operating expenses for 3Q09 increased by NT$1.70 billion to NT$10.87 billion, representing 12.1% of net sales, better than 12.3% of net sales in 2Q09.</p>
<p>SG&amp;A expenses increased by NT$0.60 billion from 2Q09. The increase was mainly due to higher legal fee and a one-time donation.</p>
<p>Research and development expenditures increased by NT$1.1 billion sequentially, primarily due to increased activities in 28nm and 22nm technology development.</p>
<pre><br />    II - 3. Non-Operating Items<br /><br />    (In NT billions)                            3Q09         2Q09        3Q08<br /><br />    Non-Operating Inc./(Exp.)                   0.52         1.15        1.33<br />       Net Interest Income/(Exp.)               0.42         0.56        1.15<br />       Other Non-Operating                      0.10         0.59        0.18<br />    L-T Investments                             0.45         0.11        0.18<br />       SSMC                                     0.26         0.19        0.15<br />       Others                                   0.19        (0.08)       0.03<br />    Total Non-Operating Items                   0.97         1.26        1.51<br /><br /><br /></pre>
<p>Non-Operating Items:</p>
<p>Combined result from non-operating income and long-term investments was a gain of NT$0.97 billion for third quarter 2009.</p>
<p>Non-operating income was NT$0.52 billion, lower than NT$1.15 billion in 2Q09. The sequential decline was primarily due to the absence of litigation compensation and less interest income.</p>
<p>Net investment gain was NT$0.45 billion, higher than NT$0.11 billion of prior quarter, mainly due to continued business improvement among invested companies.</p>
<pre>    III. Financial Condition Review<br /><br /><br /><br />    III - 1. Liquidity Analysis<br />      (Selected Balance Sheet Items)<br /><br />      (In NT billions)                          3Q09        2Q09         3Q08<br /><br />      Cash &amp; Marketable Securities            180.32      246.77       158.17<br />      Accounts Receivable - Trade              35.88       33.38        45.33<br />      Inventory                                19.18       18.97        21.82<br />      Total Current Assets                    244.24      309.42       232.35<br />      Accounts Payable                         26.30       25.96        17.75<br />      Current Portion of Bonds Payable          0.00        0.00         8.00<br />      Dividends Payable                         0.00       77.17         0.00<br />      Accrued Bonus to Employees                8.62       11.49        13.28<br />      Accrued Liabilities and Others           20.09       15.01        23.10<br />      Total Current Liabilities                55.01      129.63        62.13<br />      Current Ratio (x)                          4.4         2.4          3.7<br />      Net Working Capital                     189.23      179.79       170.22<br /><br /><br /></pre>
<p>Liquidity Analysis:</p>
<p>At the end of 3Q09, total cash and marketable securities decreased by NT$66.45 billion to NT$180.32 billion. We paid NT$76.88 billion for cash dividends and generated NT$14.62 billion of free cash flow during this quarter.</p>
<p>Total current liabilities decreased by NT$74.62 billion in this quarter, primarily due to payment of cash dividends.</p>
<p>Net working capital was NT$189.23 billion and current ratio increased to 4.4x.</p>
<pre><br />    III - 2. Receivable/Inventory Days<br /><br />      (In Number of Days)<br />                                                3Q09        2Q09         3Q08<br /><br />      Days of Receivable                          36          30           43<br />      Days of Inventory                           41          42           45<br /><br /><br /></pre>
<p>Receivable and Inventory Days:</p>
<p>Sequentially, days of receivable increased by six days to 36 days in 3Q09, mainly due to average accounts receivable growing faster than sales. The quality of collection remains the same.</p>
<pre>    Days of inventory decreased by one day to 41 days.<br /><br /><br /><br />    III - 3. Debt Service<br /><br />      (In NT billions)                          3Q09        2Q09        3Q08<br /><br />      Cash &amp; Marketable Securities            180.32      246.77       158.17<br />      Interest-Bearing Debt                    15.33       15.57        23.41<br />      Net Cash Reserves                       164.99      231.20       134.76<br /><br /><br /></pre>
<p>Debt Service:</p>
<p>Net cash reserves, defined as the excess of cash and short-term marketable securities over interest-bearing debt, decreased by NT$66.21 billion to NT$164.99 billion at the end of 3Q09, primarily due to cash dividend payment, net off by free cash flow generated during this quarter.</p>
<pre>    IV. Cash Flow<br /><br /><br /><br />    IV - 1.1. Cash Flow Analysis<br /><br />      (In NT billions)                          3Q09        2Q09         3Q08<br /><br />      Net Income                               30.55       24.44        30.57<br />      Depreciation &amp; Amortization              20.00       20.05        20.69<br />      Employee Profit Sharing Payment*         (7.49)        n.a          n.a<br />      Other Operating Sources/(Uses)            3.60      (19.97)        4.64<br />      Total Operating Sources/(Uses)           46.66       24.52        55.90<br /><br />      Capital Expenditure                     (32.04)      (7.42)      (10.38)<br />      Marketable Financial Instruments        (18.94)       1.68       (18.07)<br />      Other Investing Sources/(Uses)           (0.53)      (0.25)        1.93<br />      Net Investing Sources/(Uses)            (51.51)      (5.99)      (26.52)<br /><br />      Cash Dividends                          (76.88)       0.00       (76.78)<br />      Employee Profit Sharing Payment*           n.a         n.a        (3.94)<br />      Purchase of Treasury Stock                0.00        0.00       (23.81)<br />      Other Financing Sources/(Uses)           (0.11)      (0.34)       (0.43)<br /><br />      Net Financing Sources/(Uses)            (76.99)      (0.34)     (104.96)<br /><br />      Net Cash Position Changes               (81.84)      18.19       (75.58)<br /><br />      Exchange Rate Changes &amp; Others           (0.74)      (1.93)        2.68<br /><br />      Ending Cash Balance                     156.94      239.52       112.45<br /><br />      *Starting 2008, Taiwan accounting rule requires company to expense<br />       employee profit sharing<br /><br /><br /></pre>
<p>Summary of Cash Flow:</p>
<p>Cash generated from operating activities totaled NT$46.66 billion during the quarter, up from NT$24.52 billion in 2Q09 as a result of higher level of business activities, partially offset by NT$7.49 billion for 2008 employee profit sharing payment.</p>
<p>Net cash used in investing activities was NT$51.51 billion in 3Q09, reflecting the capital expenditures of NT$32.04 billion and investments in fixed income instruments of NT$14.83 billion.</p>
<p>Net cash used in financing activities was NT$76.99 billion during the quarter, as we paid NT$76.88 billion for cash dividends.</p>
<pre>    As a result, TSMC ended 3Q09 with a cash balance of NT$156.94 billion.<br /><br />    IV - 2. Operating and Free Cash Flows:<br /></pre>
<p>Operating and Free Cash Flows:</p>
<p>Cash flows generated from operating activities were NT$46.66 billion during the quarter.  Free cash flow, defined as the excess of operating cash flows over capital expenditures, totaled NT$14.62 billion in 3Q09, compared to NT$17.10 billion in 2Q09.</p>
<p>Please refer to the link for the index charts: <a href="http://us.lrd.yahoo.com/_ylt=AlXONG.stEzy3zXivG2zQXexcq9_;_ylu=X3oDMTE2OW1rNXEyBHBvcwMzBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWNj/SIG=121b983ru/**http%3A//www.tsmc.com/uploadfile/ir/quarterly/index_charts.pdf" target="_blank"><a href="http://www.tsmc.com/uploadfile/ir/... target=&quot;_blank&quot;&gt;http://www.tsmc.com/uplo...&lt;/a&gt;&lt;/a&gt;&lt;/p&gt;
&lt;pre&gt;    V. CapEx &amp; Capacity&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;      V - 1. Capital Expenditures&lt;br /&gt;&lt;br /&gt;      (In US millions)                       1Q09     2Q09     3Q09      YTD&lt;br /&gt;&lt;br /&gt;      TSMC                                    161      218      963     1342&lt;br /&gt;      XinTec and GUC                            2        3        6       11&lt;br /&gt;      TSMC Shanghai &amp; WaferTech                 3        3        0        6&lt;br /&gt;      Other TSMC Subsidiaries                   0        0        2        2&lt;br /&gt;      Total TSMC                              166      224      971     1361&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;/pre&gt;
&lt;p&gt;Capital Expenditures:&lt;/p&gt;
&lt;p&gt;Capital expenditures for TSMC on a consolidated basis totaled US$971 million in 3Q09.&lt;/p&gt;
&lt;p&gt;First quarter through third quarter 2009, total capital expenditures reached US$1.36 billion. Due to stronger demand for 40nm and 65nm technologies, TSMC 2009 capital expenditures are further raised and expected to be around US$2.7 billion.&lt;/p&gt;
&lt;pre&gt;&lt;br /&gt;    V - 2. Capacity&lt;br /&gt;                                    2008   1Q09   2Q09   3Q09   4Q09   2009&lt;br /&gt;    Fab / (Wafer size)               (A)    (A)    (A)    (A)    (F)    (F)&lt;br /&gt;    Fab-2           (6&quot;) Note 1    1,056    274    280    283    283  1,121&lt;br /&gt;    Fab-3           (8&quot;)           1,100    286    289    292    283  1,150&lt;br /&gt;    Fab-5           (8&quot;)             650    162    149    144    144    599&lt;br /&gt;    Fab-6           (8&quot;)           1,082    295    284    287    287  1,154&lt;br /&gt;    Fab-8           (8&quot;)           1,076    275    271    265    255  1,066&lt;br /&gt;    Fab-12         (12&quot;) Note 2      840    218    219    199    243    879&lt;br /&gt;    Fab-14         (12&quot;) Note 2      818    238    238    239    243    958&lt;br /&gt;    WaferTech       (8&quot;)             420    106    107    109    109    431&lt;br /&gt;    TSMC China      (8&quot;)             453    128    134    135    135    531&lt;br /&gt;    TSMC total capacity (8&quot;&lt;br /&gt;     equiv. Kpcs)                  9,104  2,431  2,419  2,379  2,467  9,695&lt;br /&gt;    SSMC            (8&quot;)             272     64     65     65     65    259&lt;br /&gt;    Total managed capacity (8&quot;&lt;br /&gt;     equiv. Kpcs)                  9,377  2,495  2,483  2,444  2,532  9,955&lt;br /&gt;&lt;br /&gt;    Note: 1. Figures represent number of 6&quot; wafers.  Conversion to&lt;br /&gt;             8&quot;-equivalent wafers is obtained by dividing this number by 1.78&lt;br /&gt;          2. Figures represent number of 12&quot; wafers.  Conversion to&lt;br /&gt;             8&quot;-equivalent wafers is obtained by multiplying this number by&lt;br /&gt;             2.25&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;/pre&gt;
&lt;p&gt;Capacity:&lt;/p&gt;
&lt;p&gt;Total managed capacity was 2,444K 8-inch equivalent wafers in the third quarter, decreased by 1.6% from 2,483K in 2Q09, mainly due to capacity migration to advanced nodes.&lt;/p&gt;
&lt;p&gt;TSMC managed capacity in 4Q09 is expected to increase by 3.6% to reach 2,532K 8-inch equivalent wafers.&lt;/p&gt;
&lt;p&gt;Total managed capacity in 2009 is expected to reach 9,955K 8-inch equivalent wafers, representing an increase of 6.2% from 9,377K 8-inch equivalent wafers in 2008, while capacity for 12-inch wafer fabs is expected to increase by 11% year-over-year, reaching 42% of total capacity.&lt;/p&gt;
&lt;pre&gt;    VI. Recap of Recent Important Events &amp; Announcements&lt;br /&gt;&lt;br /&gt;    -- TSMC Collaborates With Suppliers To Complete Taiwan"><br />       Chain Carbon Inventory. (2009/09/21)<br />    -- Fujitsu Microelectronics and TSMC To Collaborate On 28nm Process<br />       Technology. (2009/08/27)<br />    -- TSMC Has Become the First Foundry Not Only To Achieve 28nm Functional<br />       64Mb SRAM Yield, But Also To Achieve It Across All Three 28nm Nodes.<br />       (2009/8/24)<br />    -- TSMC Adds High-K Metal Gate Low Power Process To 28nm Road Map. Risk<br />       Production Is Expected In Q3 2010. (2009/08/24)<br />    -- IDT And TSMC Enter Product Fabrication Agreement. (2009/08/06)<br />    -- TSMC Extends Design Methodology Leadership To 28nm With Reference Flow<br />       10.0. (2009/07/22)<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />                    Consolidated Condensed Balance Sheets</pre>
<pre>(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD)) (1)</pre>
<pre>                                     September 30, 2009       June 30, 2009<br />                                         (unaudited)            (audited)<br />    ASSETS                           USD      NTD       %       NTD       %<br />    Current Assets<br />      Cash and Cash Equivalents    $4,874  $156,935    29.0  $239,517    40.8<br />      Investments in Marketable<br />       Financial Instruments          726    23,384     4.3     7,252     1.2<br />      Accounts Receivable - Trade   1,114    35,881     6.6    33,384     5.7<br />      Inventories, Net                596    19,176     3.5    18,974     3.2<br />      Other Current Assets            275     8,865     1.7    10,292     1.8<br />         Total Current Assets       7,585   244,241    45.1   309,419    52.7<br /><br />    Long-Term Investments           1,197    38,553     7.1    32,498     5.5<br /><br />    Properties, Plant and<br />     Equipment                     28,318   911,844   168.3   881,897   150.1<br />    Less: Accumulated<br />     Depreciation                 (20,963) (675,028) (124.6) (656,826) (111.8)<br />         Properties, Plant and<br />          Equipment, Net            7,355   236,816    43.7   225,071    38.3<br /><br />    Other Assets                      692    22,287     4.1    20,555     3.5<br />    Total Assets                  $16,829  $541,897   100.0  $587,543   100.0<br /><br />    LIABILITIES AND SHAREHOLDERS'<br />     EQUITY<br />    Current Liabilities<br />      Accounts Payables              $330   $10,633     2.0   $10,105     1.7<br />      Payables to Contractors and<br />       Equipment Suppliers            486    15,666     2.9    15,853     2.7<br />      Accrued Expenses and Other<br />       Current Liabilities            882    28,401     5.2   103,363    17.6<br />      Current Portion of Bonds<br />       Payable and Long-Term<br />       Debts                           10       309     0.1       309     0.1<br />         Total Current Liabilities  1,708    55,009    10.2   129,630    22.1<br />    Bonds Payable                     140     4,500     0.8     4,500     0.8<br />    Other Long-Term Liabilities       489    15,761     2.9    16,060     2.7<br />         Total Liabilities          2,337    75,270    13.9   150,190    25.6<br /><br />    Shareholders' Equity<br />     Attributable to Shareholders<br />     of the Parent<br />      Capital Stock at Par Value    8,044   259,007    47.8   258,964    44.1<br />      Capital Surplus               1,722    55,440    10.2    55,331     9.4<br />      Legal Capital Reserve (2)     2,401    77,317    14.3    77,317    13.2<br />      Special Capital Reserve (2)      --        --      --        --      --<br />      Unappropriated Earnings (2)   2,233    71,899    13.3    41,348     7.0<br />      Treasury Stock                   --        --      --        --      --<br />      Others                          (24)     (778)   (0.2)      801     0.1<br />         Total Equity<br />          Attributable to<br />          Shareholders of the<br />          Parent                   14,376   462,885    85.4   433,761    73.8<br />      Minority Interests              116     3,742     0.7     3,592     0.6<br />         Total Shareholders'<br />          Equity                   14,492   466,627    86.1   437,353    74.4<br />    Total Liabilities &amp;<br />     Shareholders' Equity         $16,829  $541,897   100.0  $587,543   100.0<br /><br />    Note:<br /><br />    (1) Amounts in New Taiwan dollars have been translated into U.S. dollars<br />        at the rate of NT$32.2 as of September 30, 2009.<br />    (2) Certain prior period balances have been reclassified to conform to<br />        the current period presentation.<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />                    Consolidated Condensed Balance Sheets</pre>
<p>(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars(USD)) (1)</p>
<pre>                                 (Continued)<br /><br />                        September 30, 2008<br />                            (unaudited)           QoQ               YoY<br />    ASSETS                   NTD       %      Amount     %     Amount     %<br />    Current Assets<br />      Cash and Cash<br />       Equivalents        $112,446    20.4  ($82,582)  (34.5) $44,489    39.6<br />      Investments in<br />       Marketable<br />       Financial<br />       Instruments          45,724     8.3    16,132   222.4  (22,340)  (48.9)<br />      Accounts Receivable<br />       - Trade              45,333     8.2     2,497     7.5   (9,452)  (20.9)<br />      Inventories, Net      21,817     4.0       202     1.1   (2,641)  (12.1)<br />      Other Current<br />       Assets                7,029     1.3    (1,427)  (13.9)   1,836    26.1<br />         Total Current<br />          Assets           232,349    42.2   (65,178)  (21.1)  11,892     5.1<br /><br />    Long-Term Investments   41,874     7.6     6,055    18.6   (3,321)   (7.9)<br /><br />    Properties, Plant and<br />     Equipment             849,818   154.5    29,947     3.4   62,026     7.3<br />    Less: Accumulated<br />     Depreciation         (597,523) (108.6)  (18,202)    2.8  (77,505)   13.0<br />         Properties,<br />          Plant and<br />          Equipment, Net   252,295    45.9    11,745     5.2  (15,479)   (6.1)<br /><br />    Other Assets            23,481     4.3     1,732     8.4   (1,194)   (5.1)<br />    Total Assets          $549,999   100.0  ($45,646)   (7.8) ($8,102)   (1.5)<br /><br />    LIABILITIES AND<br />     SHAREHOLDERS' EQUITY<br />    Current Liabilities<br />      Accounts Payables     $9,671     1.8      $528     5.2     $962    10.0<br />      Payables to<br />       Contractors and<br />       Equipment<br />       Suppliers             8,082     1.4      (187)   (1.2)   7,584    93.8<br />      Accrued Expenses<br />       and Other Current<br />       Liabilities          36,124     6.6   (74,962)  (72.5)  (7,723)  (21.4)<br />      Current Portion of<br />       Bonds Payable and<br />       Long-Term Debts       8,258     1.5        --    (0.1)  (7,949)  (96.3)<br />         Total Current<br />          Liabilities       62,135    11.3   (74,621)  (57.6)  (7,126)  (11.5)<br />    Bonds Payable            4,500     0.8        --      --       --      --<br />    Other Long-Term<br />     Liabilities            17,541     3.2      (299)   (1.9)  (1,780)  (10.1)<br />         Total<br />          Liabilities       84,176    15.3   (74,920)  (49.9)  (8,906)  (10.6)<br /><br />    Shareholders' Equity<br />     Attributable to<br />     Shareholders of the<br />     Parent<br />      Capital Stock at<br />       Par Value           259,042    47.1        43     0.0      (35)   (0.0)<br />      Capital Surplus       50,463     9.2       109     0.2    4,977     9.9<br />      Legal Capital<br />       Reserve (2)          67,324    12.2        --      --    9,993    14.8<br />      Special Capital<br />       Reserve (2)             392     0.1        --      --     (392) (100.0)<br />      Unappropriated<br />       Earnings (2)        103,063    18.7    30,551    73.9  (31,164)  (30.2)<br />      Treasury Stock       (16,500)   (3.0)       --      --   16,500  (100.0)<br />      Others                (1,708)   (0.3)   (1,579) (197.1)     930   (54.5)<br />         Total Equity<br />          Attributable to<br />          Shareholders of<br />          the Parent       462,076    84.0    29,124     6.7      809     0.2<br />      Minority Interests     3,747     0.7       150     4.2       (5)   (0.2)<br />         Total<br />          Shareholders'<br />          Equity           465,823    84.7    29,274     6.7      804     0.2<br />    Total Liabilities &amp;<br />     Shareholders' Equity $549,999   100.0  ($45,646)   (7.8) ($8,102)   (1.5)<br /><br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S. dollars<br />        at the rate of NT$32.2 as of September 30, 2009.<br />    (2) Certain prior period balances have been reclassified to conform to<br />        the current period presentation.<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />              Unaudited Consolidated Condensed Income Statements<br />        For the Three Months Ended September 30, 2009, June 30, 2009,<br />                              September 30, 2008</pre>
<p>(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)</p>
<pre>             Except for Per Share Amounts and Shares Outstanding)<br /><br />                                              3Q 2009             2Q 2009<br />                                        USD      NTD      %      NTD      %<br />    Net Sales                          $2,742  $89,936  100.0  $74,212  100.0<br />    Cost of Sales                      (1,435) (47,078) (52.3) (39,916) (53.8)<br />      Gross Profit                      1,307   42,858   47.7   34,296   46.2<br />    Operating Expenses<br />      Research and Development<br />       Expenses                          (189)  (6,202)  (6.9)  (5,096)  (6.9)<br />      General and Administrative<br />       Expenses                          (108)  (3,541)  (3.9)  (2,881)  (3.8)<br />      Sales and Marketing Expenses        (35)  (1,131)  (1.3)  (1,192)  (1.6)<br />    Total Operating Expenses             (332) (10,874) (12.1)  (9,169) (12.3)<br /><br />         Income from Operations           975   31,984   35.6   25,127   33.9<br /><br />    Non-Operating Income, Net              16      519    0.5    1,156    1.6<br />    Investment Gains                       14      454    0.5      106    0.1<br />    Income before Income Tax            1,005   32,957   36.6   26,389   35.6<br /><br />    Income Tax Expenses                   (70)  (2,285)  (2.5)  (1,943)  (2.7)<br /><br />         Net Income                       935   30,672   34.1   24,446   32.9<br /><br />    Minority Interests                     (3)    (121)  (0.1)      (4)    --<br /><br />    Net Income Attributable to<br />     Shareholders of the Parent           932   30,551   34.0   24,442   32.9<br /><br /><br />    Earnings per Share - Diluted        $0.04    $1.18     --    $0.94     --<br />    Earnings per ADR - Diluted (2)      $0.18    $5.88     --    $4.71     --<br /><br />    Weighted Average Outstanding<br />     Shares - Diluted ('M) (3)             --   25,984     --   25,944     --<br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S.<br />        dollars at the weighted average rate of NTD32.797 for the third<br />        quarter of 2009.<br />    (2) 1 ADR equals 5 ordinary shares.<br />    (3) Total diluted weighted average outstanding shares were 26,070M<br />        shares for 3Q08 after the retroactive adjustments for stock dividends<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />              Unaudited Consolidated Condensed Income Statements<br />        For the Three Months Ended September 30, 2009, June 30, 2009,<br />                              September 30, 2008</pre>
<p>(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)</p>
<pre>       Except for Per Share Amounts and Shares Outstanding) (Continued)<br /><br />                                 3Q 2008            QoQ             YoY<br />                                NTD      %     Amount     %     Amount     %<br />    Net Sales                 $92,979  100.0  $15,724    21.2  ($3,043)  (3.3)<br />    Cost of Sales             (49,885) (53.7)  (7,162)   17.9    2,807   (5.6)<br />      Gross Profit             43,094   46.3    8,562    25.0     (236)  (0.5)<br />    Operating Expenses<br />      Research and<br />       Development Expenses    (5,981)  (6.4)  (1,106)   21.7     (221)   3.7<br />      General and<br />       Administrative<br />       Expenses                (2,979)  (3.2)    (660)   22.9     (562)  18.9<br />      Sales and Marketing<br />       Expenses                (1,217)  (1.3)      61    (5.1)      86   (7.0)<br />    Total Operating Expenses  (10,177) (10.9)  (1,705)   18.6     (697)   6.9<br /><br />       Income from Operations  32,917   35.4    6,857    27.3     (933)  (2.8)<br /><br />    Non-Operating Income, Net   1,328    1.4     (637)  (55.1)    (809) (60.9)<br />    Investment Gains              185    0.2      348   328.8      269  144.5<br />    Income before Income Tax   34,430   37.0    6,568    24.9   (1,473)  (4.3)<br /><br />    Income Tax Expenses        (3,658)  (3.9)    (342)   17.6    1,373  (37.5)<br /><br />       Net Income              30,772   33.1    6,226    25.5     (100)  (0.3)<br /><br />    Minority Interests           (198)  (0.2)    (117) 3055.4       77  (38.8)<br /><br />    Net Income Attributable<br />     to Shareholders of<br />     the Parent                30,574   32.9    6,109    25.0      (23)  (0.1)<br /><br />    Earnings per Share -<br />     Diluted                    $1.17     --    $0.24    24.8    $0.01    0.3<br />    Earnings per ADR -<br />     Diluted (2)                $5.86     --    $1.17    24.8    $0.02    0.3<br /><br />    Weighted Average<br />     Outstanding Shares -<br />     Diluted ('M) (3)          26,070     --       --      --      --      --<br /><br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S.<br />        dollars at the weighted average rate of NTD32.797 for the third<br />        quarter of 2009.<br />    (2) 1 ADR equals 5 ordinary shares.<br />    (3) Total diluted weighted average outstanding shares were 26,070M<br />        shares for 3Q08 after the retroactive adjustments for stock dividends<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />               Audited Consolidated Condensed Income Statements<br />            For the Nine Months Ended September 30, 2009 and 2008</pre>
<p>(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)</p>
<pre>             Except for Per Share Amounts and Shares Outstanding)<br /><br />                                      For the Nine Months Ended September 30<br />                                              2009                 2008<br />                                      USD      NTD       %      NTD       %<br />    Net Sales                        $6,148  $203,648  100.0  $268,595  100.0<br />    Cost of Sales                    (3,593) (119,014) (58.4) (147,041) (54.7)<br />      Gross Profit                    2,555    84,634   41.6   121,554   45.3<br />    Operating Expenses<br />      Research and Development<br />       Expenses                        (454)  (15,026)  (7.4)  (16,655)  (6.2)<br />      General and Administrative<br />       Expenses                        (242)   (8,017)  (4.0)   (8,811)  (3.3)<br />      Sales and Marketing Expenses      (98)   (3,271)  (1.6)   (3,674)  (1.4)<br />    Total Operating Expenses           (794)  (26,314) (13.0)  (29,140) (10.9)<br /><br />         Income from Operations       1,761    58,320   28.6    92,414   34.4<br /><br />    Non-Operating Income, Net            61     2,028    1.0     4,923    1.8<br />    Investment Gains (Losses)            (8)     (253)  (0.1)    1,042    0.4<br />    Income before Income Tax          1,814    60,095   29.5    98,379   36.6<br /><br />    Income Tax Expenses                (105)   (3,489)  (1.7)  (10,497)  (3.9)<br /><br />         Net Income                   1,709    56,606   27.8    87,882   32.7<br /><br />    Minority Interests                   (2)      (54)    --      (395)  (0.1)<br /><br />    Net Income Attributable to<br />     Shareholders of the Parent       1,707    56,552   27.8    87,487   32.6<br /><br />    Earnings per Share - Diluted      $0.07     $2.18     --     $3.33     --<br />    Earnings per ADR - Diluted (2)    $0.33    $10.88     --    $16.64     --<br /><br />    Weighted Average Outstanding<br />     Shares - Diluted ('M) (3)           --    25,981     --    26,290     --<br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S. dollars<br />        at the weighted average rate of NTD 33.122 for the nine months ended<br />        September 30, 2009.<br />    (2) 1 ADR equals 5 ordinary shares.<br />    (3) Total diluted weighted average outstanding shares were 26,290M<br />        shares for the nine months ended September 30, 2008 after the<br />        retroactive adjustment for stock dividends.<br /><br /><br /><br />      TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />                Audited Consolidated Condensed Income Statements<br />             For the Nine Months Ended September 30, 2009 and 2008</pre>
<pre> (Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)</pre>
<pre>              Except for Per Share Amounts and Shares Outstanding) (Continued)<br /><br />                                  For the Nine Months Ended September 30<br />                                                            YoY<br />                                                     Amount       %<br />    Net Sales                                      ($64,947)    (24.2)<br />    Cost of Sales                                    28,027     (19.1)<br />      Gross Profit                                  (36,920)    (30.4)<br />    Operating Expenses<br />      Research and Development Expenses               1,629      (9.8)<br />      General and Administrative Expenses               794      (9.0)<br />      Sales and Marketing Expenses                      403     (11.0)<br />    Total Operating Expenses                          2,826      (9.7)<br /><br />         Income from Operations                     (34,094)    (36.9)<br /><br />    Non-Operating Income, Net                        (2,895)     (58.8)<br />    Investment Gains (Losses)                        (1,295)    (124.3)<br />    Income before Income Tax                        (38,284)     (38.9)<br /><br />    Income Tax Expenses                               7,008      (66.8)<br /><br />         Net Income                                 (31,276)     (35.6)<br /><br />    Minority Interests                                  341      (86.3)<br /><br />    Net Income Attributable to<br />     Shareholders of the Parent                     (30,935)     (35.4)<br /><br />    Earnings per Share - Diluted                     ($1.15)     (34.6)<br />    Earnings per ADR - Diluted (2)                   ($5.76)     (34.6)<br /><br />    Weighted Average Outstanding Shares -<br />     Diluted ('M) (3)                                    --         --<br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S. dollars<br />        at the weighted average rate of NTD 33.122 for the nine months ended<br />        September 30, 2009.<br />    (2) 1 ADR equals 5 ordinary shares.<br />    (3) Total diluted weighted average outstanding shares were 26,290M<br />        shares for the nine months ended September 30, 2008 after the<br />        retroactive adjustment for stock dividends.<br /><br /><br /><br />     TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES<br />               Consolidated Condensed Statements of Cash Flows<br />     For the Six Months Ended September 30, 2009 and for the Three Months</pre>
<p>Ended September 30, 2009, June 30, 2009, and September 30, 2008 (Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD))(1)</p>
<pre>                             Nine Months 2009   3Q 2009    2Q 2009    3Q 2008<br />                                (unaudited)   (unaudited)(unaudited)(unaudited)<br />                                USD       NTD      NTD       NTD        NTD<br />    Cash Flows from Operating<br />     Activities:<br />        Net Income            $1,707   $56,552   $30,551   $24,442   $30,574<br />        Net Income<br />         Attributable to<br />         Minority Interest         2        54       121         4       198<br />        Depreciation &amp;<br />         Amortization          1,828    60,537    20,001    20,053    20,686<br />        Deferred Income Tax      (34)   (1,122)     (426)      697       410<br />        Equity in Losses<br />         (Earnings) of Equity<br />         Method Investees,<br />         Net                       8       253      (454)     (106)     (185)<br />        Changes in Working<br />         Capital &amp; Others       (553)  (18,307)   (3,138)  (20,566)    4,220<br />        Net Cash Provided by<br />         Operating Activities  2,958    97,967    46,655    24,524    55,903<br /><br />    Cash Flows from Investing<br />     Activities:<br />        Acquisitions of:<br />           Marketable<br />            Financial<br />            Instruments         (937)  (31,046)  (20,827)     (968)  (40,201)<br />           Investments<br />            Accounted for<br />            Using Equity<br />            Method                (1)      (32)      (32)       --       (55)<br />           Property, Plant<br />            and Equipment     (1,361)  (45,070)  (32,038)   (7,415)  (10,378)<br />           Financial Assets<br />            Carried at Cost       (8)     (271)     (139)      (48)      (87)<br />        Proceeds from<br />         Disposal or maturity of:<br />           Marketable<br />            Financial<br />            Instruments          833    27,591     1,886     2,651    22,126<br />           Property, Plant<br />            and Equipment         --         7         2         3       140<br />           Financial Assets<br />            Carried at Cost        3        94        19        75        --<br />        Others                   (20)     (640)     (381)     (291)    1,930<br />        Net Cash Used In<br />         Investing Activities (1,491)  (49,367)  (51,510)   (5,993)  (26,525)<br /><br />    Cash Flows from Financing<br />     Activities:<br />        Decrease in Guarantee<br />         Deposits                (10)     (327)      (77)      (86)      (83)<br />        Proceeds from<br />         Exercise of Stock<br />         Options                   6       191       162        14        51<br />        Bonus Paid to<br />         Directors and<br />         Supervisors              --        --        --        --      (177)<br />        Repayment of Long-<br />         Term Bonds Payable     (242)   (8,000)       --        --        --<br />        Cash Dividends Paid<br />         for Common Stock     (2,321)  (76,876)  (76,876)       --   (76,779)<br />        Repurchase of<br />         Treasury Stock           --        --        --        --   (23,812)<br />        Cash Bonus Paid to<br />         Employees                --        --        --        --    (3,940)<br />        Others                    (5)     (182)     (191)     (265)     (222)<br />        Net Cash Used in<br />         Financing Activities (2,572)  (85,194)  (76,982)     (337) (104,962)<br /><br />    Net Increase (Decrease)<br />     in Cash and Cash<br />     Equivalents              (1,105)  (36,594)  (81,837)   18,194   (75,584)<br /><br />    Effect of Exchange Rate<br />     Changes and Others          (33)   (1,085)     (745)   (1,939)    2,684<br /><br />    Cash and Cash Equivalents<br />     at Beginning of Period    5,876   194,614   239,517   223,262   185,346<br /><br />    Cash and Cash Equivalents<br />     at End of Period         $4,738  $156,935  $156,935  $239,517  $112,446<br /><br />    Note:<br />    (1) Amounts in New Taiwan dollars have been translated into U.S. dollars<br />        at the weighted average rate of NTD33.122 for the nine months ended<br />        September 30, 2009.<br /><br /><br /></pre>
<p>Safe Harbor Notice:</p>
<p>The statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. TSMC cautions readers that forward-looking statements are subject to significant risks and uncertainties and are based on TSMC's current expectations. Actual results may differ materially from those contained in such forward-looking statements for a variety of reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor industry; demand and supply for TSMC's foundry manufacturing capacity in particular and for foundry manufacturing capacity in general; intense competition; the failure of one or more significant customers to continue to place the same level of orders with us; TSMC's ability to remain a technological leader in the semiconductor industry; TSMC's ability to manage its capacity; TSMC's ability to obtain, preserve and defend its intellectual property rights; natural disasters and other unexpected events which may disrupt production; and exchange rate fluctuations. Additional information as to these and other risk factors that may cause TSMC's actual results to differ materially from TSMC's forward-looking statements may be found in TSMC's Annual Report on Form 20-F, filed with the United States Securities and Exchange Commission (the "SEC") on April 17, 2009, and such other documents as TSMC may file with, or submit to, the SEC from time to time.  Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.</p>
<pre>    CONTACT<br /><br />     Elizabeth Sun<br />     Investor Relations Division<br />     TSMC<br />     Email: <a href="mailto:invest@tsmc.com;_ylt=AglMVhyuDtu95CyqLnbnE2.xcq9_;_ylu=X3oDMTE2bWs2YWo0BHBvcwM0BHNlYwNuZXdzQXJ0Qm9keQRzbGsDaW52ZXN0dHNtY2Nv" target="_blank">invest@tsmc.com</a><br />     Tel:   +886-3-568-2085<br /></pre>]]>
      </description>
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    <item>
      <title>[Press Release] SVTC and TSMC Combine Efforts to Accelerate Commercialization of New Technologie</title>
      <guid>message_3613</guid>
      <pubDate>14 Oct 2009 17:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3613</link>
      <description>
        <![CDATA[<p>SAN JOSE, CA--(Marketwire - 10/14/09) - SVTC, the leading provider of silicon technology development and commercialization services, and Taiwan Semiconductor Manufacturing Company, Ltd. (Taiwan:<a href="http://finance.yahoo.com/q;_ylt=AvyiMo.Wu.3kk3t.UGPlkvGtcq9_;_ylu=X3oDMTB2MDh0dDVsBHBvcwMxBHNlYwNuZXdzQXJ0U3RhcnQEc2xrAzIzMzA-?s=2330.tw" target="_blank">2330</a> - <a href="http://finance.yahoo.com/q/h;_ylt=AvZpYDQltpDxltDLD_sdEl6tcq9_;_ylu=X3oDMTB2MWIxcnJxBHBvcwMyBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA25ld3M-?s=2330.tw" target="_blank">News</a>) (NYSE:<a href="http://finance.yahoo.com/q;_ylt=Ajyb7ssrfaJdTXvrExwJJgatcq9_;_ylu=X3oDMTB1YXQ2ZTFrBHBvcwMzBHNlYwNuZXdzQXJ0U3RhcnQEc2xrA3RzbQ--?s=tsm" target="_blank">TSM</a> - <a href="http://finance.yahoo.com/q/h;_ylt=Ah191VpEQByLFrOgYBoRokKtcq9_;_ylu=X3oDMTB2ZnZiMmFoBHBvcwM0BHNlYwNuZXdzQXJ0U3RhcnQEc2xrA25ld3M-?s=tsm" target="_blank">News</a>) have formed an Innovation Incubation Alliance that accelerates the commercialization of new and innovative technologies and encourages product development on a variety of emerging technology platforms.</p>

<div></div>

<p>Under the new alliance, SVTC and TSMC will work with developers to bring to market new applications in emerging technologies such as micro-electro-mechanical systems (MEMS), biochips and other devices incorporating new materials and novel structures. The agreement is the latest in a series of collaborations between the two companies.</p>
<p>Joseph Bronson, SVTC's CEO, said, "The partnership will seek out and work with 'More than Moore' customers whose ideas or products are based on silicon technologies, but may not necessarily scale with Moore's Law."</p>
<p>"There are a number of promising applications that could inspire entire new industries, but many lack a clear path to commercialization and high-volume manufacturing," said Bronson. "Our technology commercialization agreement with TSMC will enable the world's most promising innovators to develop new products and to bring the best of these new devices into volume production."</p>
<p>C.C. Wei, TSMC senior vice president, Mainstream Technology Business, added, "TSMC has a strong tradition of working with innovators to develop applications that change the technology landscape.  Our relationship with SVTC creates a highly effective path to bring innovative products built on mainstream process technologies to market quickly."</p>
<p>The SVTC Fast-Transfer� process provides solutions that drive yields for products transferred to TSMC to achieve a fast revenue ramp.</p>
<p>Under the agreement, TSMC and SVTC will bring new products from concept to volume production. Typically, companies with conceptual or undeveloped products will utilize SVTC for development and commercialization of new technologies. As product demands increase, SVTC will transfer the customers' processes to TSMC for volume manufacturing. SVTC and TSMC will co-market the services emerging from the new agreement.</p>
<p>About SVTC Technologies</p>
<p>SVTC Technologies speeds the development and commercialization of innovative silicon-based technologies and products, cost-effectively and in an IP-secure manner. Through facilities in San Jose, California, and Austin, Texas, SVTC serves customers in rapidly growing markets such as novel memory, novel transistors, logic, MEMS, biotechnology, images sensors and photovoltaics. SVTC offers a suite of leading-edge equipment and services, including full-scale 8-inch and 12-inch process capabilities, advanced CMOS equipment, analytical services, development support tools and commercialization services. SVTC is co-owned by Oak Hill Capital Management and Tallwood Venture Capital, along with management. SVTC Technologies is an equal opportunity employer. More information can be found at <a href="http://us.lrd.yahoo.com/_ylt=ApvbaZGXPRw1pSuAD_ORpZKtcq9_;_ylu=X3oDMTE0Y3UzdmtrBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3c3Z0Y2NvbQ--/SIG=10pm3jj9c/**http%3A//www.svtc.com/" target="_blank">www.svtc.com</a>.</p>
<div>
<h2>Contact:</h2>
</div>
<pre><br /> <br />SVTC Contact:<br />Ashwin Kumar<br /><a href="http://us.lrd.yahoo.com/_ylt=Aqs3jbTTkrtrIl49YuGMcpStcq9_;_ylu=X3oDMTE4aWs1OXZiBHBvcwMxBHNlYwNuZXdzUHJDb250YWN0BHNsawNlbWFpbGNvbnRhY3Q-/SIG=125a8l2d9/**http%3A//www2.marketwire.com/mw/emailprcntct%3Fid=F942F6E52AEF9EE2" target="_blank">Email Contact</a><br />1-512-356-2312</pre>]]>
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    <item>
      <title>[Press Release] Fujitsu Microelectronics and TSMC to Collaborate on 28nm Process Technology</title>
      <guid>message_3142</guid>
      <pubDate>27 Aug 2009 04:01:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3142</link>
      <description>
        <![CDATA[<p>TOKYO and HSIN-CHU, Taiwan, Aug. 27 /PRNewswire-FirstCall/ -- Fujitsu Microelectronics Limited and Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) today announced that they have agreed to collaborate on 28-nanometer (nm) process technology targeted for foundry production of Fujitsu Microelectronics' 28nm logic ICs and to jointly develop an enhanced 28nm high-performance process technology by utilizing TSMC's advanced technology platform. Previously, both companies announced that Fujitsu Microelectronics will collaborate with TSMC on 40nm production. This will extend Fujitsu Microelectronics' 40nm collaboration with TSMC and covers joint development of an optimized 28nm high-performance process technology. Initial 28nm samples are expected to ship toward the end of 2010.</p>
<p>This collaborative effort combines Fujitsu Microelectronics' expertise and strength in advanced high-speed process and low-power design technologies with TSMC's expertise and strength in power-efficient high- performance logic/SoC process and leading-edge technology platform that is part of the Open Innovation Platform(TM) from TSMC. Extending the collaboration to 28nm will provide the opportunity for both companies to capitalize on a competitive and high-performance 28nm technology based on TSMC's 28nm technology portfolio that includes high-performance and low-power applications.</p>
<p>The two companies are also discussing possibilities for collaborating on advanced packaging that could include joint developments that combine Fujitsu Microelectronics' strengths in high-performance lead-free and ultra-high-pin count packaging technologies, with TSMC's strength in chip-package integration and advanced Cu/ELK interconnect.</p>
<p>"We are rapidly progressing in our previously-announced collaboration with TSMC on 40nm process technology, with several product designs in progress at present," said Haruyoshi Yagi, Corporate Senior Vice President of Fujitsu Microelectronics Limited. "With this further agreement with TSMC on 28nm high-performance process technology development and production, we combine both companies' strengths to create greater value for our customers, and will further drive the growth of businesses for TSMC and Fujitsu's ASIC and ASSP (*1) core products."</p>
<p>"Fujitsu Microelectronics selected TSMC as a partner based in part on TSMC's unsurpassed record of developing and ramping advanced technologies. The agreement today is also a vote of confidence in TSMC's technology platforms that include design related considerations such as design kits, design flows, TSMC and 3rd party IP; robust device related documentation, processes technology excellence and backend assembly and test capabilities," said Jason Chen, Vice President, Worldwide Sales and Marketing, TSMC.</p>
<p><strong>Notes:</strong></p>
<p><strong>*1: ASIC and ASSP</strong></p>
<p>ASIC: Application specific IC. Customized ICs for specific applications (customers).</p>
<p>ASSP: Application specific standard product. IC products for specific applications, such as image processing and network-related processing.</p>
<p><strong>Fujitsu Microelectronics Customer Contact:</strong></p>
<p>Fujitsu Microelectronics Limited</p>
<p>Business Management Division</p>
<p>Inquiries:<a href="https://us.lrd.yahoo.com/_ylt=AubiwcOPVYR9y3wUUVYpG1Kxcq9_;_ylu=X3oDMTE2ZG80bzhiBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHN3d3ctc2Z1/SIG=12hnud9m2/**https%3A//www-s.fujitsu.com/global/services/microelectronics/contact/form.html" target="_blank"><a href="https://www-s.fujitsu.com/global/s... target=&quot;_blank&quot;&gt;https://www-s.fujitsu.co...&lt;/a&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;About &lt;/strong&gt;&lt;strong&gt;Fujitsu Microelectronics Limited (FML)&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Fujitsu Microelectronics Limited designs and manufactures semiconductors, providing highly reliable, optimal solutions and support to meet the varying needs of its customers. Products and services include ASICs/COT, ASSPs, power management ICs, and flash microcontrollers, with wide-ranging expertise focusing on imaging, wireless, automotive and security applications. Fujitsu Microelectronics also drives power efficiency and environmental initiatives. Headquartered in Tokyo, Fujitsu Microelectronics Limited was established as a subsidiary of Fujitsu Limited on March 21, 2008. Through its global sales and development network, with sites in Japan and throughout Asia, Europe, and the Americas, Fujitsu Microelectronics offers semiconductor solutions to the global marketplace. For more information: &lt;a target=&quot;_blank&quot;  href=&quot;http://us.lrd.yahoo.com/_ylt=AvcVshI5IsRy8yrWRiVPYBSxcq9_;_ylu=X3oDMTE2N25vMjh1BHBvcwMyBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cGpwZnVqaXRz/SIG=11276dn73/**http%3A//jp.fujitsu.com/fml/en/&quot;&gt;&lt;span style=&quot;text-decoration: underline;&quot;&gt;&lt;a href=" /><a href="http://us.lrd.yahoo.com/_ylt=Ai6o1Eeu9DA.ATKSGJstCBKxcq9_;_ylu=X3oDMTE0dm1oZ3FyBHBvcwMzBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3dHNtY2NvbQ--/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank">www.tsmc.com</a>.</p>
<p>All company or product names referenced herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.</p>]]>
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      <title>[Press Release] TSMC Achieves 28nm SRAM Yield Breakthrough</title>
      <guid>message_3083</guid>
      <pubDate>24 Aug 2009 08:15:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3083</link>
      <description>
        <![CDATA[<p>HSINCHU, Taiwan, R.O.C., Aug. 24 /PRNewswire-FirstCall/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) has become the first foundry not only to achieve 28nm functional 64Mb SRAM yield, but also to achieve it across all three 28nm nodes.</p>
<p>"Achieving 64Mb SRAM yield across all three 28nm process nodes is striking. It is particularly noteworthy because this achievement demonstrates the manufacturing benefits of the gate-last approach that we developed for the two TSMC 28nm high-k metal gate processes," explained Dr. Jack Sun, vice president, Research and Development at TSMC.</p>
<p>"This accomplishment underscores TSMC's process technology capability and value in 28nm. It shows TSMC is not only able to extend conventional SiON technology to 28nm, but is also able to deliver the right 28nm HKMG technology at the same time," explained Dr. Mark Liu, senior vice president, Advanced Technology Business at TSMC.</p>
<p>The TSMC 28nm development and ramp-up has remained on track since the announcement made in September of 2008. The 28LP process is expected to enter risk production at the end of Q1 of 2010, followed closely by the 28HP risk production at the end of Q2 and the 28HPL risk production in Q3.</p>
<p>The 28nm LP process will serve as a fast time-to-market and low cost technology ideal for cellular and mobile applications. The 28nm HP process is expected to support devices such as CPUs, GPUs, Chipsets, FPGAs, networking, video game consoles, and mobile computing applications that are performance demanding. The 28nm HPL process features low power, low leakage, and medium-high performance. It is aimed to support applications such as cell phone, smart netbook, wireless communication and portable consumer electronics that demand low leakage.</p>
<p>All 28nm TSMC processes feature a comprehensive design infrastructure based on the company's Open Innovation Platform(TM) to extend the power of the technology to a broad range of differentiating products.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=Ar6AFqTXeVXlwepaVugQMVOxcq9_;_ylu=X3oDMTB1dmpmM2hiBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cA--/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><span style="text-decoration: underline;">http://</span><span style="text-decoration: underline;">w</span><span style="text-decoration: underline;">ww.tsmc.com</span></a>.</p>]]>
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      <title>[Press Release] TSMC Adds High-K Metal Gate Low Power Process to 28nm Road Map</title>
      <guid>message_3085</guid>
      <pubDate>24 Aug 2009 08:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/3085</link>
      <description>
        <![CDATA[<p>HSINCHU, Taiwan, R.O.C., Aug. 24 /PRNewswire-FirstCall/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) today announced that it is adding a low power process to its 28nm high-k metal gate (HKMG) road map. The new process is expected to enter risk production in the third quarter of 2010.</p>
<p>TSMC's 28nm development and ramp has remained on schedule since the company announced the technology in September 2008. The new process' risk production follows the HKMG high performance (HP) process by one quarter and the low power (LP) silicon oxynitride (SiON) process by two quarters. Risk production for the 28nm low power (LP) SiON process is scheduled for the end of first quarter of 2010, while risk production for the 28nm HP process is expected at the end of second quarter, 2010.</p>
<p>The 28nm HPL (low power with HKMG) process is a derivative of TSMC's high performance HKMG technology and features low power, low leakage, and medium-high performance on a gate-last approach. It supports low leakage applications such as cell phone, smart netbook, wireless communication and portable consumer electronics.</p>
<p>The 28nm HPL process comes complete with comprehensive device support and is considered suitable as a SoC platform for general market applications. It is differentiated from the 28LP technology, which is positioned for cellular and handheld applications where lower cost and faster time-to-market from an evolutionary SiON process is most attractive.</p>
<p>The 28nm HP process, announced as part of the September 2008 introduction, is also built on a gate-last approach and supports performance driven devices such as CPUs, GPUs, Chipsets, FPGAs, video game console and mobile computing applications.</p>
<p>"We developed a gate-last approach for TSMC's 28nm high-k metal gate family that is superior in terms of transistor characteristics, high end and low end performance upside, and manufacturability," said Dr. Jack Sun, vice president, Research and Development, TSMC.</p>
<p>"TSMC has been working with customers over a significant period of time to develop high-k metal gate technologies for low power applications. The addition of the 28nm HPL to the 28nm technology family, combined with the 28LP and 28HP, means that TSMC now provides the most comprehensive 28nm technology portfolio," said Dr. Mark Liu, senior vice president, Advanced Technology Business, TSMC.</p>
<p>To fully utilize the power of the 28nm technology family for a broad range of differentiating products, TSMC is working closely with customers and ecosystem partners to build a comprehensive design infrastructure based on the company's recently unveiled Open Innovation Platform(TM). The Open Innovation Platform(TM), hosted by TSMC, is open to TSMC customers and partners.</p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million 8-inch equivalent wafers, including capacity from two advanced 12-inch - GigaFabs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AggSodT4kTwEd1eiah2Fl3mxcq9_;_ylu=X3oDMTE1OGsybHQxBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDaHR0cHd3d3RzbWM-/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank"><span style="text-decoration: underline;"><a href="http://www.tsmc" target="_blank">http://www.tsmc</a></span><span style="text-decoration: underline;">.</span><span style="text-decoration: underline;">com</span></a>.</p>]]>
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      <title>[Press Release] Fujitsu Microelectronics and TSMC to Collaborate on Leading-edge Process Technol</title>
      <guid>message_1840</guid>
      <pubDate>30 Apr 2009 02:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1840</link>
      <description>
        <![CDATA[<p><strong><span>Fujitsu Microelectronics and TSMC to Collaborate on Leading-edge Process Technology</span></strong></p>
<p>TOKYO and HSIN-CHU, Taiwan, April 30 /PRNewswire-FirstCall/ -- Fujitsu Microelectronics Limited and Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) today announced that they will collaborate on leading-edge process technology production for the manufacturing of Fujitsu Microelectronics' products. Under an agreement between the companies, Fujitsu Microelectronics will expand its 40-nanometer generation logic IC business with production at TSMC's fabs.</p>
<p>The collaborative effort will bring together Fujitsu Microelectronics' IC design technologies, leading edge imaging and communication intellectual property (IP), and high-quality technical support to customers, especially in Japan, with TSMC's foundry-leading process technology and capability. This advanced technology engagement should enable both companies to create new business for themselves and for their prospective customers.</p>
<p>The two companies also announced that they intend to initiate discussions on collaborative development of high-performance process technologies for 28-nanometer and below for Fujitsu Microelectronics' product applications.</p>
<p>"From the aspect of its advanced process technologies and large-scale production capacity, TSMC is the most attractive semiconductor foundry partner," said Haruki Okada, president of Fujitsu Microelectronics Limited. "By continuing to create our advantages in fine-pitch process technologies through this partnership, we can further grow our ASIC and ASSP (*1) product businesses."</p>
<p>"Fujitsu Microelectronics is clearly a world-class leader in advanced high-speed and low-power technologies, design engineering, and differentiated IP. Given TSMC's long-standing commitment to Japan's semiconductor market, and our on-going investment and dedication to advanced process technology, our collaboration with Fujitsu Microelectronics represents a new best-in-class solution for many system companies," said Dr. Rick Tsai, president &amp; CEO of TSMC.</p>
<p><strong>Notes:</strong></p>
<p><strong>*1: ASIC and ASSP</strong></p>
<p>ASIC: Application specific IC. Customized ICs for specific applications (customers).</p>
<p>ASSP: Application specific standard products. IC products for specific applications, such as image processing and network-related processing.</p>
<pre>    Press Contacts:<br /><br />    Fujitsu Limited<br />    Public and Investor Relations Division<br />    Inquiries:<br />    <a href="https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html" target="_blank">https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html</a><br /><br />    Taiwan Semiconductor Manufacturing Company, Ltd.<br />    Corporate Public Relations<br />    Michael Kramer<br />    Phone 886-3-563-6688 Ext. 712-6216<br /><br />    TSMC Japan Limited<br />    Press Center<br />    c/o: E&amp;E, Inc.<br />    Phone 81-422-30-8800<br /></pre>
<p><strong>Fujitsu Microelectronics Customer Inquiries:</strong></p>
<p>Management Promotion Office</p>
<p>Fujitsu Microelectronics Limited</p>
<p><a href="https://www-s.fujitsu.com/global/services/microelectronics/contact/form.html" target="_blank">https://www-s.fujitsu.com/global/ser... </a></p>
<p><strong>About </strong><strong>Fujitsu Microelectronics Limited (FML)</strong></p>
<p>Fujitsu Microelectronics Limited designs and manufactures semiconductors, providing highly reliable, optimal solutions and support to meet the varying needs of its customers. Products and services include ASICs/COT, ASSPs, power management ICs, and flash microcontrollers, with wide-ranging expertise focusing on imaging, wireless, automotive and security applications. Fujitsu Microelectronics also drives power efficiency and environmental initiatives. Headquartered in Tokyo, Fujitsu Microelectronics Limited was established as a subsidiary of Fujitsu Limited on March 21, 2008. Through its global sales and development network, with sites in Japan and throughout Asia, Europe, and the Americas, Fujitsu Microelectronics offers semiconductor solutions to the global marketplace. For more information: <a href="http://jp.fujitsu.com/fml/en/" target="_blank"><span style="text-decoration: underline;">http://jp.fujitsu.com/fml/en/</span></a></p>
<p><strong>About TSMC</strong></p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IPs, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch GIGAFABs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC China, and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://www.tsmc.com/" target="_blank">www.tsmc.com</a>.</p>
<p>All company or product names referenced herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.</p>]]>
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      <title>[Press Release] Cadence and TSMC Introduce Mixed-Signal/RF Reference Design Kit in 65nm Process</title>
      <guid>message_1665</guid>
      <pubDate>21 Apr 2009 06:01:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1665</link>
      <description>
        <![CDATA[<p>SAN JOSE, CA--(MARKET WIRE)--Apr 21, 2009 -- Cadence Design Systems, Inc. (NasdaqGS:<a href="http://finance.yahoo.com/q?s=cdns" target="_blank">CDNS</a> - <a href="http://finance.yahoo.com/q/h;_ylt=AkG.jk_EhW7zrAur_pyrUFCliRkC?s=cdns" target="_blank">News</a>), the leader in global electronic design innovation, and TSMC (Tokyo:2330.T - <a href="http://finance.yahoo.com/q/h;_ylt=AiIKeOQq4uPsinimy.OsSziliRkC?s=2330.t" target="_blank">News</a>) (NYSE:<a href="http://finance.yahoo.com/q?s=tsm" target="_blank">TSM</a> - <a href="http://finance.yahoo.com/q/h;_ylt=Ap6xe8fikcqVpdq7d3BTOcSliRkC?s=tsm" target="_blank">News</a>) today announced the introduction of an industry-first Mixed-Signal/Radio Frequency Reference Design Kit (MS/RF RDK). Developed with <a href="http://www.cadence.com/products/cic/Pages/default.aspx" target="_blank">Cadence&reg; Virtuoso&reg;</a> mixed-signal technology, the kit provides silicon-characterized behavioral models and a complete validated tutorial demonstrating an efficient MS/RF IC reference design flow that can help speed time to market. New technology includes a phase locked loop (PLL) noise-sensitive reference design example that can predict phase noise efficiently and accurately. Cadence technologies deployed include the Virtuoso custom design platform with SKILL-based Pcells, QRC Extraction, and Virtuoso Multi-Mode Simulation, which includes Spectre&reg; Circuit Simulator, Spectre RF and AMS Designer.</p>
<p>The complete MS/RF RDK -- with documentation, PLL circuit example, and validated flow tutorial -- will be available on TSMC Online at <a href="http://us.lrd.yahoo.com/_ylt=AjHqQcacyQapAAC14wvc3raliRkC/SIG=10ssihjmh/**http%3A//online.tsmc.com/" target="_blank">http://online.tsmc.com</a> in Q2 2009 to selected TSMC 65-nanometer customers worldwide, giving designers an opportunity to learn about the integrated solution. Both Cadence and TSMC plan to demonstrate aspects of the flow at the TSMC Technology Symposium in San Jose, Calif., in April, the CDNLive! EMEA user conference in Munich, Germany, in May, and the Design Automation Conference (DAC) in San Francisco in July.</p>
<p>"This MS/RF Reference Design Kit is a perfect example of how TSMC and Cadence continue to collaborate to help our mutual customers get to market faster," said ST Juang, senior director of Design Infrastructure Marketing at TSMC. "With the challenges associated with today's complex RF mixed-signal designs, I'm sure this reference flow and all the supporting materials and examples can be of great aid to many of our customers."</p>
<p>"Cadence Virtuoso technology is a hub within the greater ecosystem of custom and mixed-signal design," said Bill Heiser, group director for Solutions Marketing at Cadence. "Our commitment of working closely with foundry partners like TSMC strengthens that ecosystem to the benefit of our joint customers tackling the toughest mixed-signal challenges."</p>
<p>About Cadence</p>
<p>Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry. More information about the company, its products, and services is available at <a href="http://us.lrd.yahoo.com/_ylt=AvJuUJBAtIlIZ9Ad.1EcGSGliRkC/SIG=10sdgmb0b/**http%3A//www.cadence.com/" target="_blank">www.cadence.com</a>.</p>
<p>Cadence, Spectre and Virtuoso are registered trademarks and the Cadence logo is a trademark of Cadence Design Systems, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.</p>
<div style="">
<div>
<h2>Contact:</h2>
</div>
<div>
<pre>     For more information, please contact:<br />     Dean Solov<br />     Cadence Design Systems, Inc.<br />     <span><span><span style="background-image: ;"><img height="11" /></span><span><img name="skype_tb_img_f0" /><img height="1" width="1" /><img height="1" width="1" /><img name="skype_tb_img_a0" /><img height="1" width="1" /><img height="1" width="1" /></span></span><img height="1" width="1" /><span><span><img height="1" width="1" /><img height="1" width="1" /><img height="1" width="1" /><img height="1" width="1" />408-944-7226</span><span style="background-image: ;"><img height="11" /></span></span></span><br />     <a href="mailto:dsolov@cadence.com;_ylt=ArKEueDclhu.irtWdGTF77GliRkC" target="_blank">dsolov@cadence.com</a><br />     &nbsp;<br /></pre>
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      <title>[Press Release] TSMC Announces Foundry's First Mixed Signal/RF Reference Design Kit</title>
      <guid>message_1662</guid>
      <pubDate>21 Apr 2009 02:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1662</link>
      <description>
        <![CDATA[<p>HSINCHU, Taiwan, April 21 /PRNewswire/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TSE: <a href="http://finance.yahoo.com/q?s=2330.to&amp;d=t" target="_blank">2330</a> - <a href="http://finance.yahoo.com/q/h?s=2330.to" target="_blank">News</a>; NYSE: <a href="http://finance.yahoo.com/q?s=tsm&amp;d=t" target="_blank">TSM</a> - <a href="http://finance.yahoo.com/q/h;_ylt=AvOGwynWN8bHkkDgDbqEzYWuMncA?s=tsm" target="_blank">News</a>) today unveiled the foundry industry's first Mixed Signal/Radio Frequency Reference Design Kit (MS/RF RDK) at its North American Technology Symposium in San Jose. The RDK initially targets 65nm process technology and aims to accelerate analog, mixed-signal, and RF designs and RF SoC verification and integration. The MS/RF RDK is the result of multi-year collaboration between TSMC and Cadence Design Systems and represents one of the initial deliverables of the TSMC Open Innovation Platform(TM).</p>
<p>The new RDK helps resolve the long-standing challenge of full chip verification of SoCs with both analog, mixed signal and digital content. It enables a top-down MS/RF design methodology and a system-level simulation flow to reduce design cycle time and encourage IP reuse. The reference design in the RDK is an advanced Fractional-N Phase Locked Loop (PLL) developed in TSMC 65nm RF process technology and fully validated in silicon with accurate correlation between simulation results and silicon measurements.</p>
<p>The RDK includes a video tutorial and step-by-step design manual; the complete PLL reference design database with schematics, layouts, and simulation test benches; a design flow and methodology introduction; silicon test reports, release notes specifying design tool and version requirements and a TSMC 65nm process design kit (PDK).</p>
<p>"Enhancing innovation in the MS/RF design space is one key initiative of the TSMC Open Innovation Platform," explains ST Juang, senior director of Design Infrastructure Marketing at TSMC. "The TSMC MS/RF RDK delivers a new level of confidence to our customers that complex MS/RF blocks can be created and accurately verified in the context of full chip RF SoCs, and taped out with high quality, thus ensuring first-pass silicon success. We continue to collaborate with our ecosystem partners to enhance the features and capabilities of the RDK to address emerging MS/RF design challenges."</p>
<p>Pricing and Availability</p>
<p>The TSMC 65nm MS/RF RDK is available now in limited release and at no charge to selective customers during Q2 2009. General release to other customers is targeted for Q3 2009. Customers may access the MS/RF RDK at the TSMC Online customer design portal <a href="http://us.lrd.yahoo.com/_ylt=AjHqQcacyQapAAC14wvc3rauMncA/SIG=1132rm02j/**http%3A//online.tsmc.com/online/" target="_blank">http://online.tsmc.com/online/</a> or contact their local sales and support representatives for details.</p>
<p>About TSMC</p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch - GigaFabs (TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AgcfoFtTTAuN.i5YEiQaVUWuMncA/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank">http://www.tsmc.com</a>.</p>]]>
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      <title>[Press Release] TSMC Launches Integrated Sign-Off Flow to Shorten Design Cycle</title>
      <guid>message_1661</guid>
      <pubDate>21 Apr 2009 02:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1661</link>
      <description>
        <![CDATA[<p>HSINCHU, Taiwan, April 21 /PRNewswire/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TSE: 2330, NYSE: TSM) today unveiled the first foundry-specific Integrated Sign-Off Flow at its North American Technology Symposium in San Jose, CA. The new flow is available now for 65nm designs.</p>
<p>Integrated Sign-Off Flow is an automated RTL to GDSII chip implementation flow that tightly integrates all process-specific items including pre-qualified library and IP, selected EDA tools, production-quality flow, advanced design methodology, and TSMC foundry technology files that have been proven and refined over hundreds of applications. With embedded TSMC design know-how and sign-off recommendations, the new flow utilizes pre-qualified EDA toolsets from multiple vendors and leverages industry-proven TSMC Reference Flow methodology.</p>
<p>The Integrated Sign-Off Flow, targeting initially at 65nm process node with planned extensions into other process technology nodes, supports advanced design techniques for low power and design-for-manufacturability (DFM). It includes executable scripts for complete flow automation and EDA tool queuing system support. With validated libraries and IP, qualified EDA tools, full set of proper technology files, and automated installation scripts, Integrated Sign-Off Flow significantly shortens the time it normally takes design team to set up the design environment and flow before starting the design project. The built-in advanced design methodology and proven sign-off scripts further shortens the design cycle, and improves tape-out quality.</p>
<p>"The ability to reduce design setup effort and design cycle time clearly result in design cost reduction, and this is one of the key objectives of the recently launched TSMC Open Innovation Platform(TM)," explains ST Juang, senior director of Design Infrastructure Marketing at TSMC. "If we can lower design costs, we can help eliminate a major source of profit erosion that impacts all ecosystem parties, including our customers, our EDA partners and, of course, our own foundry services. This Integrated Sign-Off Flow represents a highly collaborative effort to increase reuse and reduce engineering waste."</p>
<p>Pricing and Availability</p>
<p>The TSMC 65nm Integrated Sign-Off Flow is available now in limited release and at no charge to selective customers during Q2 2009. General release to other customers is targeted for Q3 2009. Customers may access the Integrated Sign-Off Flow at the TSMC Online customer design portal <a href="http://us.lrd.yahoo.com/_ylt=AjHqQcacyQapAAC14wvc3rauMncA/SIG=1132rm02j/**http%3A//online.tsmc.com/online/" target="_blank">http://online.tsmc.com/online/</a> or contact their local sales and support representatives for details.</p>
<p>About TSMC</p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch - GigaFabs(TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=AgcfoFtTTAuN.i5YEiQaVUWuMncA/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank">http://www.tsmc.com</a>.</p>]]>
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      <title>[Press Release] TSMC Adopts Jordan Valley JVX 6200 for Copper Layer Metrology</title>
      <guid>message_1586</guid>
      <pubDate>14 Apr 2009 22:01:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1586</link>
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        <![CDATA[<p>MIGDAL HA'EMEK, ISRAEL, April 15 /PRNewswire/ -- Jordan Valley Semiconductors LTD, a provider of semiconductor metrology solutions, announced today that TSMC (TAIEX: 2330, NYSE: TSM), the world's largest dedicated semiconductor foundry, has selected JVX 6200 X-ray metrology tool for measuring the thickness of thin film copper layers in TSMC.</p>
<p>The evaluation of potential technologies - X-ray vs. opto-acoustic - "We found that X-ray reflectometry (XRR) demonstrated the required capability. Among the evaluated X-ray based tools, the JVX 6200 for its superior precision in the sub-angstrom range and for its lower total cost of ownership"</p>
<p>Isaac Mazor, Jordan Valley's President and CEO commented, "We are pleased and proud with the outcome of this evaluation. We see TSMC not only as a valued strategic customer, but also as a technological leader. TSMC's decision is recognition of XRR as the technology-of-choice for copper layer thickness metrology in our products. We are looking forward to continue supporting their metrology needs as they evolve."</p>
<p><strong>About X-ray Reflectometry</strong></p>
<p>X-ray reflectometry is a no-contact, non-distractive, surface-sensitive technique that delivers precise and accurate characterization and metrology of thin films and multi-layer stacks. The technique delivers thickness, density and roughness data by analyzing the reflection vs. angle, and interference patterns of X-rays that reflect off the interfaces.</p>
<p>XRR is capable of analyzing single and multiple thin films layers from 1 to 500 nm thick. Jordan Valley's advanced XRR technology allows measurements on production wafers and offers superior throughput of over 30 WPH (17 points on 300mm wafer).</p>
<p><strong>About TSMC</strong></p>
<p>Established in 1987, Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest dedicated semiconductor foundry. As the founder and leader of the dedicated foundry business, TSMC has built its reputation on offering advanced wafer production processes and unparalleled manufacturing efficiency. From its inception, TSMC has consistently offered the foundry segment's leading technologies and TSMC COMPATIBLE design services to its customers. The company's total managed capacity exceeds 8 million 8-inch equivalent wafers in 2007, while its revenues represent some 50% of the dedicated foundry segment in the semiconductor industry.</p>
<p><strong>About </strong><strong>Jordan</strong><strong> </strong><strong>Valley</strong></p>
<p>Jordan Valley Semiconductors, Ltd. Is the leader of X-ray metrology for advanced semiconductors fabs. We provide semiconductor metrology solutions for thin films front end of line (FEOL) and back end of line (BEOL) based on novel, rapid and non-destructive x-ray technology. We offer a comprehensive family of solutions based on advanced X-Ray Reflectivity (XRR), X-Ray Fluorescence (XRF), X-Ray Fluorescence (XRF), Small-angle X-ray scattering (SAXS) and High Resolution X-Ray Diffractometry (HR XRD). These tools are fully automated, production ready, and ideal for both blanket and patterned wafers. Jordan Valley's x-ray technology enables accurate and precise characterization of all film types metals and dielectrics - including single and multi-layer stacks, high k, metal gate, low k materials. It is also used for strain engineering (SiGe, Si:C) and is used for advanced processes control (&lt;45nm, 32nm) worldwide. Research and development are based in Migdal Ha'Emek, Israel. Manufacturing is based primarily in Migdal Ha'Emek with a secondary location in Durham, United Kingdom. Applications engineering, customer support services, sales and marketing are located in Austin, Texas. <a href="http://us.lrd.yahoo.com/_ylt=AsiKLwhqJOK0XlTFSPoiGlOuMncA/SIG=10r3fhs8v/**http%3A//www.jvsemi.com/" target="_blank"><span style="text-decoration: underline;">http://www.jvsemi.com</span></a>. Jordan Valley products are used in production by leading semiconductor manufacturers worldwide.</p>
<p>Jordan Valley's primary shareholders are <a href="http://www.cii.co.il/" target="_blank">Clal Industries and Investments Ltd.</a> (TASE:CII),  <a href="http://www.elron.com/default.asp?PageId=0" target="_blank"><span style="text-decoration: underline;">Elron Electronic Industries Ltd. </span></a> (Nasdaq: <a href="http://finance.yahoo.com/q?s=elrn&amp;d=t" target="_blank">ELRN</a> - <a href="http://finance.yahoo.com/q/h;_ylt=AnqVbAzXpHOJSrlZ81hG4mCuMncA?s=elrn" target="_blank">News</a>).</p>]]>
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      <title>[Press Release] TSMC Qualifies New 0.18-Micron Embedded Flash Family</title>
      <guid>message_1391</guid>
      <pubDate>31 Mar 2009 02:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1391</link>
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        <![CDATA[<h2>- Ideal for power sensitive, automotive and analog applications</h2>
<p>HSIN-CHU, Taiwan, R.O.C., March 31 /PRNewswire/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TSE: <a href="http://finance.yahoo.com/q?s=2330.to&amp;d=t" target="_blank">2330</a> - <a href="http://finance.yahoo.com/q/h?s=2330.to" target="_blank">News</a>; NYSE: <a href="http://finance.yahoo.com/q?s=tsm&amp;d=t" target="_blank">TSM</a> - <a href="http://finance.yahoo.com/q/h;_ylt=Ajwaq1hR93kKpqcLeDGEu9GuMncA?s=tsm" target="_blank">News</a>) today announced that it has qualified its new 0.18-micron embedded flash (embFlash) process technology family that targets a wide range of applications. The new family includes a baseline 1.8 to 5 volt standard process, an ultra-low leakage process, and specific automotive-qualified embedded Flash IP.</p>
<p>"This extended featured-rich 0.18-micron embedded flash family demonstrates the emphasis that TSMC places on serving the analog, power sensitive and automotive markets. The breadth of applications that this family targets is unprecedented and reflects the growing market demand for technology that is both broad in scope, yet precise in its application," said George Liu, director, Mainstream Technology Business.</p>
<p>The baseline 0.18-micron 1.8V/5V embFlash process supports enhanced analog performance and traditional 5 volt I/O interface applications. The true 5 volt I/Os achieve better performance in a smaller footprint than similar 5 volt I/Os built on higher voltage devices.</p>
<p>The process features a single low voltage Flash IP that operates fully functions at 1.8 volts. Several Flash IP macros and a customization service are available now. The new process is ideal for large appliance motor controls on refrigerators, washing machines and air conditioners.</p>
<p>The TSMC 0.18-micron Ultra-Low-Leakage (uLL) embFlash process operates at 1.8V and features a 95% leakage reduction compared to the baseline process. Built upon the uLL devices, CPU, standard cell library, and SRAM can save up to 85%, 90%, and 95% standby current respectively compared to the baseline process. A low power Flash IP supports up to 80% lower standby current and 60% lower active current with the Flash IP compiler expected to be available in Q3 this year.</p>
<p>The uLL process is particularly suitable for power-sensitive and portable devices.</p>
<p>The High-Data-Retention (HDR) member of the 0.18-micron embedded flash family operates at 1.8V/3.3V and has been qualified for automotive quality requirement AEC-Q100. Extensive test methodology has also been developed to meet the stringent automotive ppm requirements in powertrain, security systems, body systems, and infotainment.</p>
<p>The TSMC's 0.18-micron process requires only seven mask layers to implement the embedded flash features and is now ready for production in Fab 3.</p>
<p>About TSMC</p>
<p>TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 exceeded 9 million (8-inch equivalent) wafers, including capacity from two advanced 12-inch - GigaFabs (TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (China), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit <a href="http://us.lrd.yahoo.com/_ylt=Ar8OEVahI8VeY2EUyffdlmyuMncA/SIG=10pc20lud/**http%3A//www.tsmc.com/" target="_blank">http://www.tsmc.com</a>.</p>]]>
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      <title>[Press Release] Ciranova and TSMC Announce Strategic Partnership on Advanced PDK Technology</title>
      <guid>message_1149</guid>
      <pubDate>24 Mar 2009 03:00:00 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/messages/1149</link>
      <description>
        <![CDATA[<p>SANTA CLARA, Calif.--(BUSINESS WIRE)--<span>Taiwan Semiconductor Manufacturing Company, Ltd. (TSE:<a href="http://finance.yahoo.com/q?s=2330.to&amp;d=t" target="_blank">2330</a> - <a href="http://finance.yahoo.com/q/h;_ylt=Amab6FUTCGf8ZQkRZ_oM8NevMncA?s=2330.to" target="_blank">News</a>)        (NYSE:<a href="http://finance.yahoo.com/q?s=tsm&amp;d=t" target="_blank">TSM</a> - <a href="http://finance.yahoo.com/q/h;_ylt=Ajwaq1hR93kKpqcLeDGEu9GvMncA?s=tsm" target="_blank">News</a>) and Ciranova,&trade; Inc. announced a multi-year strategic        partnership to collaborate on the development of advanced Process Design        Kit (PDK) technology based on Ciranova&rsquo;s PyCell&trade; architecture. The        results of the collaboration, targeted at 65nm process technology and        below, will be an integral part of TSMC&rsquo;s interoperable PDK development        roadmap.</span></p>
<p><span>Custom and analog design productivity has become a major issue at        advanced process nodes, and PDK development and availability is a key        bottleneck in new process technology adoption.</span> <span>The        objectives of the collaboration are to reduce the time and effort needed        for nanometer PDK development, to better optimize PDK devices for        ultra-complex design rules, to facilitate creation of sophisticated        devices such as spiral inductors and differential pairs, and to optimize        run-time performance of PDK devices in system-on-chip (SoC) designs.</span></p>
<p><span>&ldquo;Ciranova&rsquo;s PyCell technology and advanced architecture provides        native support of interoperable PDKs, which are an integral part of our        Open Innovation Platform&trade;, to facilitate and accelerate designers'        innovations in analog and full custom designs,&rdquo; said Fu-Chieh Hsu, vice        president of Design &amp; Technology Platform at TSMC. &ldquo;We are collaborating        with Ciranova to develop the industry&rsquo;s first interoperable PDK, a        single PDK that supports multiple design environments. We continue to        work with Ciranova and the interoperable PDK Library (IPL) Alliance to        accelerate the deployment and adoption of interoperable PDK across the        industry.&rdquo;</span></p>
<p><span>&ldquo;Every leading-edge SoC company in the world is under pressure to        ramp more advanced design kits faster, despite limited time and        resources,&rdquo; said Eric Filseth, CEO of Ciranova. &ldquo;TSMC is the foundry        gold standard, and we&rsquo;re excited to be working with them to push the        state of the art of PDKs forward.&rdquo;</span></p>
<p><span><strong>About PyCells</strong></span></p>
<p>Ciranova interoperable PyCells are a next-generation approach to        parameterized cell development for custom IC design. Unlike older PCell        approaches, the PyCell architecture is design-rule aware and generates        DRC-correct device geometry automatically; the result is a major        reduction in user coding effort, particularly at nanometer process        nodes. PyCells run in <span>any OpenAccess-capable EDA tool, and        were selected as the physical foundation for the Interoperable PDK        Alliance at <a href="http://us.lrd.yahoo.com/_ylt=AhxDQV47FDB8wjWh_3LmlxmvMncA/SIG=15kkn4nmv/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.iplnow.com%252F%26esheet=5924155%26lan=en_US%26anchor=http%253A%252F%252Fwww.iplnow.com%26index=1" target="_blank">http://www.iplnow.com</a>.        The PyCell Studio&trade; development system is a free download from <a href="http://us.lrd.yahoo.com/_ylt=AtN4nuZFnbXYKESuAg0hPN.vMncA/SIG=15oojbmep/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.ciranova.com%252F%26esheet=5924155%26lan=en_US%26anchor=http%253A%252F%252Fwww.ciranova.com%26index=2" target="_blank">http://www.ciranova.com</a>.</span></p>
<p><strong>About TSMC</strong></p>
<p><span>TSMC is the world&rsquo;s largest dedicated semiconductor foundry,        providing the industry&rsquo;s leading process technology and the foundry&rsquo;s        largest portfolio of process-proven libraries, IP, design tools and        reference flows. The Company&rsquo;s total managed capacity in 2008 exceeded        9.3 million (8-inch equivalent) wafers, including capacity from two        advanced 12-inch - GIGAFABs &trade;, four eight-inch fabs, one six-inch fab,        as well as TSMC&rsquo;s wholly owned subsidiaries, WaferTech and TSMC        (Shanghai), and its joint venture fab, SSMC. TSMC is the first foundry        to provide 40nm production capabilities. Its corporate headquarters are        in Hsinchu, Taiwan. For more information about TSMC please see <a href="http://us.lrd.yahoo.com/_ylt=AhhEQvLxuVJ9ImfHh0qK6o2vMncA/SIG=15budaufm/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.tsmc.com%26esheet=5924155%26lan=en_US%26anchor=http%253A%252F%252Fwww.tsmc.com%26index=3" target="_blank">http://www.tsmc.com</a>.</span></p>
<p><span><strong>About Ciranova</strong></span></p>
<p>Ciranova is an electronic design automation (EDA) company focused on        very large productivity improvements in analog, RF and mixed-signal IC        physical design. Complementary to existing design flows, Ciranova        technology dramatically reduces the time and effort needed to develop        device-level layout at both the circuit and PDK levels, while delivering        results of equal or better quality than purely handcrafted methods.        Ciranova supports the Si2 OpenAccess database. For more information        please visit <a href="http://us.lrd.yahoo.com/_ylt=Ask5xLg18Akf1a6V6zzi7rKvMncA/SIG=15odm3u92/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.ciranova.com%252F%26esheet=5924155%26lan=en_US%26anchor=http%253A%252F%252Fwww.ciranova.com%26index=4" target="_blank">http://www.ciranova.com</a>.</p>
<p><span></span></p>
<div style="">
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<h2>Contact:</h2>
</div>
<div>
<pre>TSMC<br />Wendy Matthews, +1-408-382-8030<br /><a href="mailto:wmatthews@tsmc.com;_ylt=As4.dLkj5AJ8inukRbVr42SvMncA" target="_blank">wmatthews@tsmc.com</a><br />or<br />Ciranova, Inc.<br />Dave Millman, +1-408-553-608<br /><a href="mailto:dave@ciranova.com;_ylt=Asgf54Mq1CBo1U4qZrSwFNKvMncA" target="_blank">dave@ciranova.com</a></pre>
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      <title>[Broadcast] Quarterly Results Webcast</title>
      <guid>broadcast_168</guid>
      <pubDate>17 Mar 2009 20:26:17 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/webcasts/168</link>
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      <title>[Photo] Fab 8</title>
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      <pubDate>10 Mar 2009 15:35:19 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/photos</link>
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        <![CDATA[<br/><img alt="Fab8" src="https://s3.amazonaws.com/s3.chinasecurities.com/public/photos/images/000/000/223/thumb/fab8.gif" />]]>
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      <title>[Photo] Fab 7</title>
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      <pubDate>10 Mar 2009 15:35:05 GMT</pubDate>
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        <![CDATA[<br/><img alt="Fab7" src="https://s3.amazonaws.com/s3.chinasecurities.com/public/photos/images/000/000/222/thumb/fab7.gif" />]]>
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      <title>[Photo] Fab 6</title>
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      <pubDate>10 Mar 2009 15:34:50 GMT</pubDate>
      <link>http://chinasecurities.com/ir/TSMC/photos</link>
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        <![CDATA[<br/><img alt="Fab6" src="https://s3.amazonaws.com/s3.chinasecurities.com/public/photos/images/000/000/221/thumb/fab6.gif" />]]>
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