Feeds

No chip market recovery yet – UMC

It's all a bit of a mess says chairman

  • alert
  • submit to reddit

United Microelectronics Corp. chairman John Hsuan believes it's still too early to say whether the chip market is on the verge of recovery.

"Right now it's not very clear. There are ups and downs and different signals every day," he said yesterday.

Indeed, the Taiwanese chip maker is sticking to its line, first spoken in February, that the downturn is no quick dip in sales but a longer-term depression.

"The information [customers] gave us led us to originally believe [the downturn] would not last long," Hsuan said, according to Reuters, speaking of the company's original outlook for 2001. "A series of changes in the market made us feel it was not a matter of a single segment but across the board."

UMC has seen no reason to change its mind, he added, promising a report on the matter at the end of April: "We will begin compiling information and make a full report to everyone at the end of the month."

Hsuan's view is mirrored by fellow Taiwanese chip company VIA, which warned its second, current quarter would see sales on a par with the same period last year. ®

Related Stories

Infineon sees sun through DRAM clouds
VIA smiles over chipset sales growth
TSMC dismisses UMC legal threat

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.