Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Taiwan Semiconductor Mfg. Co. Ltd.    2330   TW0002330008

TAIWAN SEMICONDUCTOR MFG. CO. LTD. (2330)
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Taiwan Semiconductor Mfg : Taiwanese companies interested in investing in Crossroads

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/19/2017 | 11:33am CET

June 19--Taiwanese plant and factory leaders have interest in bringing industry to Texas because of the abundance of natural gas.

About 30 Taiwanese companies were represented at Formosa Plastics Corporation of Texas on Thursday so their leaders could learn how the plant has been so successful in Point Comfort, said Jack Wu, the petrochemical company's business development vice president. The group was led by Mei-Yueh Ho, the national policy adviser to the office of the Taiwanese president. She is also the chairwoman of the Science and Technology Interchange Committee under the Association of East Asian Relations.

"They want to learn the success story and the possibility of the chance to invest here," Ho said.

There is little to no natural gas in Taiwan, so it is imported or replaced by crude oil, she said.

"It is not enough to use as a raw material to produce petrochemical products," she said.

Bringing plants to Texas, using the natural gas and exporting products to Taiwan would provide a solution for the problem, Ho said.

Taiwanese factory leaders, primarily in the petrochemical industry, want to understand the Crossroads' environment, government policies and incentives offered to companies that come to Texas, Ho said.

"Formosa is very successful and admired by the petrochemical industry in Taiwan," she said. "Everyone is very interested about the regulation environment."

Businesses represented include the China Petroleum Corporation Taiwan, China Steel Corporation Taiwan and more.

Taiwan and Texas have a strong relationship because the founder of semiconductor factories in Taiwan used to be the senior vice president of Texas Instruments, Ho said. He is the founder of the Taiwan Semiconductor Manufacturing Company, which is the No. 1 factory in the world in its field.

"He is seeking the possibility to set up a semiconductor in the U.S. possibly in Texas," she said.

Texas and Taiwan have a strong trade relationship, Ho said. Texas exports more products to Taiwan than the country imports to the state.

The U.S. is an innovation-driven country, and Taiwan is a efficiency-driven country, and the two work well together, said Chin-Yeong Hwang, Ho's secretary.

After visiting Formosa, the business leaders have stronger interest in the Crossroads and Texas, Ho said.

The visit to Formosa Plastic Corporation of Texas went well, and company officials were glad to host the Taiwanese business leaders, Wu said.

The business leaders who visited Formosa were on their way to Washington, D.C., to attend the 2017 SelectUSA Investment Summit. More than 100 Taiwanese business leaders will attend the summit.

___

(c)2017 Victoria Advocate (Victoria, Texas)

Visit Victoria Advocate (Victoria, Texas) at www.victoriaadvocate.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TAIWAN SEMICONDUCTOR MFG.
02/21Computer shops embrace lucrative business - outfitting cryptocurrency miners
RE
02/16TAIWAN SEMICONDUCTOR MFG : TSMC Board of Directors Proposes NT$8 Cash Dividend p..
AQ
02/13TAIWAN SEMICONDUCTOR MFG : TSMC Board of Directors Proposes NT$8 Cash Dividend p..
PU
02/12TAIWAN SEMICONDUCTOR MFG : TSMC January 2018 Revenue Report
AQ
02/07PICS : Quake rocks Taiwan tourist area leaving at least 5 dead, 60 missing
AQ
02/07TAIWAN SEMICONDUCTOR MFG : At Least 4 Killed, 145 Missing After Earthquake Hits ..
AQ
02/07TAIWAN SEMICONDUCTOR MFG : At least five killed, 60 missing after quake rocks Ta..
AQ
02/07TAIWAN SEMICONDUCTOR MFG : Import Surge Squeezes Trade Surplus in January
DJ
01/26TAIWAN SEMICONDUCTOR MFG : TSMC Breaks Ground on Fab 18 in Southern Taiwan Scien..
PU
01/23TAIWAN SEMICONDUCTOR MFG. CO. LTD. : Free Post Earnings Research Report: Taiwan ..
AC
More news
News from SeekingAlpha
02/21How AMD Can Take Down Intel 
02/20A Good Entry Point For Taiwan Semiconductor 
02/20TSMC +1.2% on analyst upgrade 
02/14INTEL AND MICRON : Moore's Law In 3 Dimensions 
02/14So You Want To Invest In The WME Industry? Here Is What You Need To Know 
Financials ( TWD)
Sales 2018 1 089 B
EBIT 2018 433 B
Net income 2018 382 B
Finance 2018 541 B
Yield 2018 3,40%
P/E ratio 2018 16,41
P/E ratio 2019 14,72
EV / Sales 2018 5,29x
EV / Sales 2019 4,60x
Capitalization 6 297 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 269  TWD
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Che Chia Wei Co-General Manager & Director
Te Yin Liu Co-General Manager & Director
Chung Mou Chang Chairman
Li Mei Ho Head-Finance & Accounting, Senior Deputy GM
Peter Leahy Bonfield Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TAIWAN SEMICONDUCTOR MFG. CO. LTD.215 280
INTEL CORPORATION-1.69%212 674
NVIDIA CORPORATION24.76%147 767
TEXAS INSTRUMENTS-1.69%102 962
BROADCOM LIMITED-3.60%101 840
MICRON TECHNOLOGY5.67%51 919