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United Microelectronics (UMC)

Stock (Semiconductor - Foundry Industry, Semiconductor - Integrated Circuits Industry)

Customers announce they are increasing orders Customers such as Nvidia and Mentor Graphics announce they are increasing orders UMC announces US GAAP results for 2007 The US GAAP results in a net loss of $9.26B NTD ($304MM) vs ROC GAAP income of $16.96B NTD. Expectations for China market iprove with election results Expectations for the Chinese market improve after the victory of the Nationalist party in the March 22 election United Microelectronics’ net sales increases by 14.17% in September United Microelectronics Corp. reported a rise in its net sales for the month of September. The company’s net sales increased to NT$10.54 billion in September from NT$9.23 billion in the same period last year, a rise of 14.17 percent from the previous year.

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