UMC, VIS report record high second-quarter sales

Focus Taiwan
Date: 07/09/2020
By: Chang Chien-chung and Evelyn Kao

Taipei, July 9 (CNA) Taiwanese contract chipmakers United Microelectronics (UMC) and Vanguard International Semiconductor Corp. (VIS) on Thursday reported record high revenue for the second quarter of this year.

In a sales report, UMC said its second-quarter revenue hit a record high of NT$44.39 billion (US$1.51 billion) in its history, a sequential increase of 5.01 percent, although its revenue for June had dropped 1.11 percent from a month earlier to NT$14.58 billion, which was the lowest level in three months.

Strong demand for computer peripherals and consumer electronics helped drive UMC's wafer shipments in the second quarter, while an increase in the average selling price of those products helped boost its revenue, according to the report.

Meanwhile, VIS said its second-quarter sales climbed 4.88 percent sequentially to NT$8.23 billion, well within its target of NT$8 billion to NT$8.4 billion, and also a record quarterly high in the company's history.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.