UMC reports year-on-year revenue rise

Semiconductor foundry United Microelectronics (UMC) has announced its unconsolidated operating results for the first quarter of 2010.

Revenue decreased 3.7 per cent quarter on quarter to TWD26.7bn, from TWD27.8bn in the final quarter of 2009, but increased 147 per cent year on year, from TWD10.8bn in first-quarter 2009. 

Gross margin was 24.6 per cent, operating margin was 12.7 per cent, net income was TWD3.5bn and earnings per ordinary share were TWD0.28.