United Microelectronics reports operating results

Semiconductor foundry United Microelectronics has announced its unconsolidated operating results for the second quarter of 2010, reporting a quarter-over-quarter revenue increase of 11.3 per cent to TWD29.8bn (£600m) from TWD26.7bn in first-quarter 2010 − which is an increase of 31.5 per cent from TWD22.63bn in the prior-year quarter. 

Gross margin was 29.6 per cent, operating margin was 18.3 per cent, net income was TWD5.27bn and earnings per ordinary share were TWD0.42.