UMC announces net sales for January up slightly from December

Semiconductor manufacturer UMC (NYSE: UMC; TWSE: 2303) released its January sales performance today, February 8, showing a slight rise from December and a 10.2% rise year-on-year. Foundry production capacity has been tight and prices have been rising as suppliers struggle to keep up with demand, especially in the 8-inch and 12-inch wafer market. January’s consolidated revenue was reported at NT$15.529 billion, up 10.2% from January 2020, and 1.5% from December. UMC’s annual consolidated revenue in 2020 was NT$176 billion, a