UMC Reports 22.75% Decline In November Sales

United Microelectronics Corp

reported a 22.75% y/y drop in its November sales. UMC reported sales of T$8.07 billion ($267.6 million) last month, down from T$10.44 billion, in the year-ago period and down from T$8.26 billion in October. UMC shares closed at $2.19 yesterday.