Form 6-K UNITED MICROELECTRONICS For: Jan 26

Go back to Form 6-K UNITED MICROELECTRONICS For: Jan 26

United Microelectronics (UMC) Tops Q4 EPS by 3c

January 28, 2015 6:22 AM EST

United Microelectronics (NYSE: UMC) reported Q4 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.18 billion.

Mr. Po-Wen Yen, CEO of UMC, said, "In the fourth quarter, foundry revenue grew 3.7% sequentially to NT$34.74 billion. This figure includes a one-time 40nm licensing fee from Fujitsu, lifting gross and operating margins to 30.2% and 14.6%, respectively. Overall capacity utilization rate remained at 93%, bringing shipments to 1.43 million 8-inch equivalent wafers. Our 28nm technologies... More