United Microelectronics (UMC) Reports Q1 Breakeven Loss; Revenue Rose 1.6% Sequentially

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Go back to United Microelectronics (UMC) Reports Q1 Breakeven Loss; Revenue Rose 1.6% Sequentially

UMC Reports First Quarter 2016 Results

April 27, 2016 6:01 AM EDT

Strong 28nm demand to fuel 2Q16 revenue growth

First Quarter 2016 Overview1:

Revenue: NT$34.40 billion (US$1.07 billion) Gross margin: 14.6% Foundry revenue from 28nm: 8%; Foundry operating margin: 0.5% Foundry capacity utilization rate: 82% Net income attributable to the stockholders of the parent: NT$0.21 billion (US$6.5 million) Earnings per share: NT$0.02; earnings per ADS: US$0.003

TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE:... More