UMC reports sales decline for December
The China Post news staffTAIPEI, Taiwan -- United Microelectronics Corp. (UMC), the world's second largest contract chip-maker, yesterday reported December sales of NT$7.797 billion, a decline of 3.8 percent year-on-year and 13.47 percent month-on-month.
January 9, 2013, 11:36 am TWN
For the fourth quarter of last year, UMC saw sales decline by about 8.6 percent compared to the third.
UMC had consolidated revenue of NT$28.53 billion during the July-September period last year. It had predicted that in the fourth quarter, shipments would drop 7 to 9 percent on a quarterly basis, yet average sales prices would go up due to the use of more advanced manufacturing techniques.
The firm had sales of NT$18.29 billion from October to November. Adding the December figure of NT$7.797 billion results in a total of NT$26.087 billion for the October-December period, a decline of 8.56 percent compared to the third.
For the whole year, UMC made approximately NT$105.998 billion in sales, an increase of 0.11 percent from the NT$105.879 billion for 2011.
The company had forecast that its goal of bringing the proportion of 40-nanometer products to 15 percent of the total would be achieved earlier than expected. Products made with the 28-nm high-k metal gate technology would enter mass production by 2014.
By that time, 28-nm sales would account for 5 percent of the total, a prediction that foreign investors will focus on during UMC's upcoming investors' conference, tentatively scheduled for Feb. 6.