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UMC Posts Q4 Figures

TAIPEI — United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC” or “The Company”), a leading global semiconductor foundry, today announced its unconsolidated operating results for the fourth quarter of 2011.

Revenue was NT$24.43 billion, a 3% quarter-over-quarter decrease from NT$25.19 billion in 3Q11, and a 22% year-over-year decrease from NT$31.32 billion in 4Q10. Gross margin was 18.6%, operating margin was 3.4%, net income was NT$1.18 billion, and earnings per ordinary share were NT$0.09. In 2011, revenue for the full year was NT$105.88 billion, with NT$10.14 billion operating income, NT$10.81 billion net income and NT$0.86 earnings per share.

Read the full press release.

{complink 5826|United Microelectronics Corp. (UMC)}

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