Pure-play foundry United Microelectronics (UMC) has reported income elevated 4.9% sequentially and 16.6% on yr to a document excessive of NT$17.19 billion (US$620 million) in May 2021.
UMC noticed its April and May income attain a mixed NT$33.57 billion. Market watchers count on the corporate to see its second-quarter income meet and even beat the steering given in late April.
At its most up-to-date earnings name convention, UMC mentioned that second-quarter bit shipments and ASPs would register sequential will increase of two% and 3-4%, respectively, with gross margin topping 30%.
UMC disclosed its cumulative 2021 income by May grew 11.9% from a yr earlier to NT$80.67 billion.