LONDON — Wafer sales at the world's number two semiconductor foundry United
Microelectronics Corp. were up both sequentially and year-on-year; but the
growth was more modest than seasonal norms suggesting the climb out of the
recessionary dip of 2008-2009 is starting to slow.
UMC (Hsinchu, Taiwan) reported net sales of NT$10,335 million (about $322
million) for the month of June 2010 up 2.4 percent on the previous month and up
25.5 percent from a year before. In contrast the year-on-year growth was 35
percent in April and 34 percent in May. More telling is that in June 2009 sales
increased sequentially by 9.6 percent.
For the first half of the year UMC's sales were NT$56.46 billion (about $1.76
billion), up 68.7 percent from the equivalent period in 2009.
The year-to-date totals for May and April 2010 were 103 and 83 percent ahead
of the same periods for 2009. Therefore UMC's first-half sales for 2010 provide
another indication of an ongoing return to more normal growth as the comparative
The degree to which this more modest growth is company- or foundry
sector-specific will be seen when TSMC announces its June, and second quarter
sales in the next few days.
Related links and articles:
TSMC's May sales rise
is lower than average
UMC's sales sail
forward in April
Analysis: What's next