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UMC May Sales Down 2% y/y

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Why JPMorgan Is Downgrading United Microelectronics
United Microelectronics Sales from 28nm Process Technology to Double in 2015 -DigiTimes

Taiwan's United Microelectronics Corporation (NYSE: UMC) reported a 2% y/y drop in its May sales.

UMC posted sales of T$9.21 billion ($308.10 million) in May, down from T$9.4 billion in the year-ago period and versus T$9.12 billion in the previous month.

UMC shares closed at $2.03 yesterday.

Posted-In: May SalesNews

 

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