Chip foundry UMC's May revenue hits record high
Jun.9,2021

Driven by the tight supply of chips in the automotive and consumer electronics sectors and strong demand for chip foundries, the performance of chip foundries has also been generally positive.
The information on the official website of chip foundry UMC (United Microelectronics Corporation) shows that their revenue in May increased significantly year-on-year, once again hitting a new high.

UMC's official website information shows that their revenue in May was NT$17.189 billion, equivalent to about $620 million. Up 16.57% year-over-year, resuming a YoY growth momentum of over 10%.

As the tight supply of chips in automotive and consumer electronics continues, the demand for chip foundries remains strong, and several chip foundries are already running at total capacity. The momentum of solid chip foundry performance is expected to continue for some time. (TechWeb)

Related Topics

You must be login to post a comment.