Feeds

UMC's August sales up… just about

Still a long way to go to make quarter's sales target

  • alert
  • submit to reddit

Taiwan's UMC, the world's second largest chip foundry, behind TSMC, saw sales rise last month by a meagre 0.7 per cent over July's figure.

Compare August 2001's sales to those the company made a year ago, and the comparison is much less flattering. UMC sold NT$9.83 billion ($284.52 million) worth of chips in August 2000 - this time round, it sold just NT$3.90 billion, a fall of just over 60 per cent.

All this leaves UMC hoping that its sales will grow by at least 28 per cent this month, if it's to make even its worse-case predictions for its Q3 sales. The company's guidance is that Q3 sales will be 10-15 per cent of the NT$15 billion worth of sales it recorded for Q2. If it wants Q3 sales to fall just ten per cent of Q2's figure, it needs to experience growth of just under 47 per cent this month. ®

Related Stories

TSMC, UMC July sales: no better than June
Chip sales fell 37% in July - SIA

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.