Taiwan’s UMC posts stronger April sales

TAIPEI, May 7 (BestGrowthStock) – Taiwan’s UMC (2303.TW: ), the world’s
No.2 contract chip maker, posted a 35.5 percent rise in April
sales on Friday, providing further evidence of reviving demand
for new computers and other consumer gadgets.

United Microelectronics Corp (UMC) (UMC.N: ) garnered sales of
T$9.32 billion ($294 million) last month, up from T$6.88 billion
the same month a year ago, the company said on its website.

The results came after the Taipei stock market closed on
Friday. The stock rose 0.34 percent, while the main TAIEX share
index (.TWII: ) lost 0.16 percent.

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(Reporting by Baker Li, Editing by Jonathan Standing)

Taiwan’s UMC posts stronger April sales