United Microelectronics Clocks 35% Revenue Growth In Q1; Wafer Shipments Decline 1.3% Sequentially
United Microelectronics Corp (NYSE:UMC) reported first-quarter FY22 revenue growth of 34.7% year-on-year to $2.22 billion, missing the consensus of $2.26 billion. Revenue contribution from 40nm and below technologies represented 38% of wafer revenue. Wafer shipments declined 1.3% Q/Q to 2,513K, while quarterly capacity grew to 2,420K 8-inch equivalent wafers. The overall utilization rate…
Benzinga ·