United Microelectronics Corporation (UMC) has reported revenues of NT$12.41 billion (US$415.01 million) for June, up 4% sequentially and 15.3% on year. The sum represents the company's highest monthly record.
Powered by strong performance in June, UMC's second-quarter revenues reached NT$35.87 billion, increasing 13.2% from the previous quarter, beating the company's guidance of a sequential growth ranging 11-13%.
Increased 8-inch wafer orders for LCD driver ICs, power management ICs and Wi-Fi chips drove revenue growth at UMC in June, according to a Chinese-language Economic Daily News (EDN) report.
Additionally, UMC has begun generating revenues from its 28nm PolySiON process, accounting for 1% of its total revenues currently, said the paper, adding that UMC will kick off commercial production of its 28nm HKMG process in the second half of 2014 with 28nm products to account for 5% of total sales by the end of the year.
