IC Insights:2005 foundry growth rate is only 8%.

The latest research report pointed out that the IC Insights market research institutions, in the cross-strait foundry war, price competition will be increasingly fierce, the foundry industry estimates in 2005 the growth rate of only 8%, 12 on the impact of UMC shares again break at the end of 18.8 yuan, down to 20 month low, and dragged the TSMC turn black.

UMC December 2004 quarter line after the failed attempt to rally, and foreign investment reduction, 6 trading days, a reduction of more than 112 thousand and 100 zhang. 11, Morgan by the next quarter to see the capacity utilization rate fell to 62%, and lowered the profit forecast in 2005, the stock price has reached the band lows, breaking the bottom of the day of 12, closing at $18.9. UMC and report quoted the announcement to clarify Morgan Stanley research report, and did not turn to the ship, but the UMC customers in order to turn and ship.

In addition, the United States to participate in the current shares are expected to participate in the issuance of ADR shares in the range of 110 million, a total of about $100 million, the application will expire on the 13 day.

Note: the above mentioned currencies are all new money