UMC reports sales decline for December

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.

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