"Customers still remain conservative about end market demand and are strictly controlling their purchase orders and inventory levels. However, UMC's internal indicators have shown signs that the demand drop may have bottomed out, and we are closely watching for signs of recovery," said Shih-Wei Sun, CEO of UMC, in a statement.More info at EE Times.
Sun said UMC's R&D for advanced technologies remains on schedule as planned. UMC's fourth quarter capacity utilization rate fell to 48 percent, down from 79 percent in the third quarter and 86 percent in the fourth quarter of 2007.
In the fourth quarter, 90-nm products accounted for the largest chunk of UMC's revenue, 27 percent. For the year, the company derived 30 percent of its revenue from 90-nm products.
UMC utilization rate drops to 48 percent
Posted on Wednesday, February 11 2009 @ 0:45 CET by Thomas De Maesschalck