Feeds

UMC doubles Q4 profits

Thanks to Motorola and Infineon business

  • alert
  • submit to reddit

UMC has said its Q4 profits have more than doubled from the same period a year ago. Its success is down to chipmakers such as Motorola and Infineon subcontracting their production to UMC.

For the three months to 3 December, UMC reported a profit of NT$16.7 billion ($505 million), more than double the NT$7.2 billion ($218 million) it made in the same period a year earlier.

The company is not so optimistic about the current year but has said sales and profit won't fall as much as they will for Taiwan Semiconductor (TSMC), its biggest competitor. TSMC expects margins to plummet nearly half to 24 per cent and utilisation of its plants to fall to 70 per cent of total capacity. ®

Related Story

Taiwan Semicon: Q1 2001 to be a bit of a downer
Transmeta says TSMC is second 'primary supplier'

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.