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AKvetch

10/22/02 8:29 AM

#37160 RE: tarado96 #37139

TSM capex. [Reuters] TAIWAN SEMICONDUCTOR MANUFACTURING CO (TSM)

- Taiwan Semiconductor, the world's largest contract chipmaker, said on Tuesday it expected 2003 capital expenditure to be lower than this year's US$1.65 billion. The company announced the results after Taiwan's stock market closed on Tuesday. Taiwan Semi closed at $7.48 on Monday on the New York Stock Exchange.