TECH - UMC Co-President Wang Optimistic Despite Q4 Challenges Expects Mild Wafer Demand Increase | Benzinga
United Microelectronics Corp (NYSE:UMC) reported a fourth-quarter FY23 revenue decline of 19.0% year-on-year to $1.79 billion (NT$54.96 billion), beating the consensus of $1.70 billion.
The revenue decreased by 3.7% Q/Q.
Earnings per ADS of $0.17 beat the consensus of $0.15.
Revenue from 22 and 28nm grew to 36% of the wafer revenue, while 40nm contributed 14% ...