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2011-08-09
UMC, foundry, semiconductor, sales, July UMC's July sales down 18% on 2010
LONDON – July sales for foundry United Microelectronics Corp. (UMC) were NT$8,809 million (about $300 million) down 4.1 percent on June sales and down 18.6 percent on UMC's July sales in 2010.
A fall was expected after UMC (Hsinchu, Taiwan) predicted sales would fall 10 to 12 percent in the third quarter when compared with the second quarter. In a typical year sales jump up significantly in the third quarter as ICs to go into consumer equipment for the winter buying season that typically lasts from November to February.
UMC's year-to-date sales for the first seven months of 2011 are NT$65.08 billion (about $2.24 billion), 3.3 percent less than the equivalent figure in 2010. The comparison with the previous year has been declining continuously since January when UMC's sales were 10.75 percent ahead of the previous year.
Rival foundry Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) is expected to post its July sales figures on Wednesday (Aug. 10).
Related links and articles:
UMC predicts declines in revenues, fab use
Taiwan comforted by Apple chip spend cycle
TSMC posts weak June, Q2 sales figures
UMC, foundry, semiconductor, sales, July UMC's July sales down 18% on 2010
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