1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2004
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name into English)
No. 8 Li-Hsin Rd. 6,
Science Park
Hsin-chu, Taiwan
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicated below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82: _______.)
TSMC Board of Directors Proposes NT$2 Dividend
Including NT$1.4 Stock and NT$0.6 Cash Dividend
Hsin-Chu Science Park, Taiwan, February, 17 - Taiwan Semiconductor Manufacturing
Company Ltd. (TSMC or the "Company") (NYSE: TSM) today held a meeting of the
Board of Directors, at which the Board adopted a proposal recommending
distribution of a dividend of NT$2 per common share, including a stock dividend
of NT$1.4 per share and a cash dividend of NT$0.6 per share. The proposal will
be discussed and brought to a vote at the Company's regular shareholders'
meeting scheduled for May 11, 2004.
TSMC Spokesperson and Vice President Ms. Lora Ho noted that, at its meeting, the
Board of Directors also:
1. Approved the 2003 Business Report and Financial Statements. Revenue for
2003 totaled NT$201,904 million and net income was NT$47,259 million, with
earnings per share of NT$2.33.
2. Approved a proposal for distribution of 2003 profits :
(1) A dividend of NT$2 per share will be proposed to the common
shareholders, including a stock dividend of NT$1.4 per share and a
cash dividend of NT$0.6 per share.
(2) Cash dividends of NT$184 million will be proposed to the Preferred A
shareholders.
(3) Employees' profit sharing will be distributed in both stock and cash.
Profit sharing will amount to NT$2,726 million distributed in stock
at par value and NT$681 million distributed in cash.
(4) After the distribution, the Company's paid-in capital will be
increased from NT$202,666,189,840 to NT$233,765,970,050.
3. Approved the 2004 R&D Projects and Sustaining Capital Appropriation of
NT$6,188 million.
4. Approved a capital appropriation in the amount of US$311 million for
expanding the capacity of 90nm copper process lines of Fab 12 (Phase II).
5. Approved scheduling of the 2004 Regular Shareholders' Meeting for 9:30 a.m.
on May 11, 2004 at the Auditorium in the Activity Center of the Hsinchu
Science Park.
6. Approved the promotion of Mr. P. H. Chang as Vice President of Human
Resources for TSMC.
# # #
TSMC Spokesperson:
Ms. Lora Ho
Vice President and CFO
Tel: 886-3-566-4602
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Mr. Richard Chung
PR Department Manager, TSMC PR Manager, TSMC PR Principal Specialist, TSMC
Tel: 886-3-666-5028 (O) Tel:886-3-666-5029 (O) Tel:886-3-6666-5038 (O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-911-258-751(Mobile)
Fax: 886-3-567-0121 Fax:03-5670121 Fax:03-5670121
E-mail: jhtzeng@tsmc.com E-Mail: jhchoua@tsmc.com E-Mail: cychung@tsmc.com
This is to report Board of Directors of Taiwan Semiconductor Manufacturing
Company Ltd. approved scheduling of the 2004 Regular Shareholders' Meeting for
9:30 a.m. on May 11, 2004 at the Auditorium in the Activity Center of the
Hsinchu Science Park. Meeting Agenda is as follows:
I. Report Items
1.To report the business of 2003
2.Supervisors' review report
3.To report the status of acquisition or disposal of assets with related
parties for 2003
4.To report the status of guarantee provided by TSMC as of the end of
2003
II. Proposed Resolutions
1.To accept 2003 Business Report and Financial Statements
2.To approve the proposal for distribution of 2003 profits
3.To approve the capitalization of 2003 dividends and employee profit
sharing
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Taiwan Semiconductor Manufacturing Company Ltd.
Date: February 17, 2004 By /s/ Lora Ho
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Lora Ho
Vice President & Chief Financial Officer