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UMC Revenue Climbs 25.6% as Wafer Shipments Set a Record

UMC Revenue Climbs 25.6% as Wafer Shipments Set a Record

Photo: TokenPost

United Microelectronics Corporation (UMC) logged record wafer shipments in the third quarter, when revenue reached $2.32 billion, a 25.6% increase from a year earlier. Earnings were $0.206 per American depositary share (ADS). Taiwan-dollar earnings were NT$1.32 per share. UMC expects wafer shipments and capacity utilization to remain steady in the fourth quarter. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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