Thursday, Taiwan-based semiconductor foundry United Microelectronics Corp. (UMC) reported a plunge in its net sales for December.
For December, the company posted net sales of NT$4.61 billion, compared to NT$8.46 billion last year. On a sequential basis, December sales declined 23.49%.
For the period from January to December 2008, the company's net sales decreased 13.34% to NT$92.53 billion from NT$106.77 million in the same period a year ago.
Shares of UMC closed Wednesday's regular session at $2.15, down $0.07 or 3.15%, on a volume of 3.05 million shares.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.