Taiwan Plant UMC's Q2 revenue season increased by 15% better than expected

Taiwan Plant UMC announced its revenue data for June on the 10th, with revenue of 10.761 billion yuan (NTD, the same below), a slight decrease of 0.94% from May, an annual increase of 11.15%, and a cumulative second quarter revenue of 319.048 billion yuan. Compared with the first quarter of 27.78 billion yuan, the season increased by 14.85%, slightly better than the original expected quarterly increase of 12% to 14%.

UMC said that the overall demand for the market is hot, revenue growth is still within the expected range, Suzhou and ship production capacity is nearly full than the overall average; another investment in Asia is estimated within 300 million US dollars (about NT$0.91 billion) The round factory is still looking for ways to expand its operations.

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