United Microelectronics Corporation (UMC) has reported revenues of NT$11.42 billion (US$381.82 million) for August, down 1.1% sequentially but up 3.8% on year. For the first eight months of 2014, revenues totaled NT$90.52 billion, increasing 10.1% from a year earlier.
UMC said earlier that it expects OEM wafer foundry revenues to grow 1-3% sequentially in the third quarter, but revenues generated from its new businesses will decline slightly.
Meanwhile, UMC has continued to ramp up its 28nm production capacity in order to meet increasing demand from major clients, including Qualcomm and MediaTek, according to industry sources.
UMC's production of 28nm wafers will reach 12,000 units a month in the fourth quarter of 2014 and to 25,000 units by mid-2015, the sources indicated.
