Company Profile For United Microelectronics Corporation

United Microelectronics Corporation (2303.TW) (Taiwan Stock Exchange)

sector: Technology · industry: Semiconductors ·

As of 11:00am IST

16.05TWD

Price Change

+0.25

Percent Change

+1.58%

Analyst Recommendations

Overview

United Microelectronics Corporation is engaged in the business of manufacturing or fabrication of semiconductors. Using the processes and techniques, the Company manufactures chips to the design specifications of the customers. The Company maintains a customer base across industries, including communication, consumer electronics, computer, memory and others. During the year ended December 31, 2008, the net wafer sales derived from the products used in communication devices, consumer electronics, personal computers (PCs), memory and other applications were 55.86%, 24.66%, 17.27%, 0.72% and 1.49% respectively.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, United Microelectronics Corporation's revenues decreased 19% to NT$62.42B. The Company's net loss totaled NT$521.9M, vs. a net income of NT$1.19B. Total revenues reflect a decrease in sale due to unfavorable market condition. Net loss for the period also suffered from lower interest income and gain from disposal of fixed assets, as well as a presence of loss on foreign exchange.