UMC Reports First Quarter 2016 Results
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United Microelectronics (UMC) Reports Q1 Breakeven Loss; Revenue Rose 1.6% Sequentially
April 27, 2016 9:21 AM EDTUnited Microelectronics (NYSE: UMC) reported Q1 EPS of $0.00, versus $0.05 reported last year.
Consolidated revenues in 1Q16 rose 1.6% sequentially to NT$34.40 billion, including NT$34.31 billion from the foundry segment. Gross profit during the quarter declined 27.9% QoQ to NT$5.03 billion, or 14.6% of revenue. Operating... More
