April sales fall 30 percent year-on-year at UMC


EE Times: April sales fall 30 percent year-on-year at UMC
Peter Clarke (05/09/2005 6:57 AM EDT) URL: http://www.eetimes.com/showArticle.jhtml?articleID=163100042

LONDON — April sales at foundry United Microelectronics Corp. (UMC) were down 9.1 percent compared with March and down 30.9 percent compared with April 2004, the company announced Monday (May 9). The April sales collapse — to NT$6.37 billion (about $204 million) — came after March sales had increased 14 percent on February, but would seem to be helping fulfill a prediction that the pure-play foundry market would decline by 6.2 percent in 2005 to $15.90 billion from $16.95 billion in 2004 For the year to date UMC has sold NT$26.65 billion (about $855 million), which is 22.8 percent less than the NT$34.53 billion (about $1.11 billion) the company said.
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