On June 6th, Guolong reported that United Microelectronics Corporation's revenue in May was NT$19.509 billion, a decrease of 1.17% month-on-month and an increase of 3.89% year-on-year. The cumulative revenue for the first five months was NT$93.883 billion, an increase of 2.66% year-on-year. Due to no improvement in terminal demand, UMC's revenue in May was roughly stable compared to last month, continuing to reach the second highest level in the same period. UMC is bullish on better performance in the second quarter than the first, expecting the economy to emerge from the bottom in the first half of the year and for the second half of the year to have better performance than the first half. Across different applications, communication and consumer products are expected to perform well while autos and industrial semiconductors will perform relatively weakly.
联电5月营收195.09亿新台币 按年增3.89%
United Microelectronics' May revenue was NT$19.509 billion, a year-on-year increase of 3.89%.
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