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UMC's June revenue reached NT$17.337 billion, a record high for two consecutive months

The foundry UMC’s revenue in June reached NT$17.337 billion (the same unit below), a record high in revenue for two consecutive months. In the second quarter, revenue broke through the 50 billion yuan mark for the first time, reaching 50.908 billion yuan, a record high at the same time.

Taiwan Media Economic Daily pointed out that benefiting from strong customer demand, full capacity utilization, and the benefit of quotation increases, UMC’s June revenue climbed to 17.337 billion yuan, a monthly increase of 0.86% and an annual increase of 18.89%; the second quarter revenue reached 50.908 billion yuan, a quarterly increase of 8.09%; revenue in the first half of the year reached 98.05 billion yuan, an annual increase of 13.1%.

According to industry insiders, the average selling price of UMC’s products in the second quarter rose 3% to 4% as expected, and shipments exceeded expectations, which was the main driving force behind UMC’s revenue performance in the second quarter. In the third quarter, as product sales continued to increase in volume and price, quarterly revenue is expected to rise further and continue to hit a record high.