Update: United Microelectronics Shares Rise After August Sales Increase

MT Newswires Live09-05 02:11

(Updates with recent stock movement in headline and first paragraph.)

United Microelectronics (UMC) shares were up 4.1% in afternoon trading on Friday after the company reported sales of 25.04 billion New Taiwan dollars ($790.6 million) in August, up 30.71% from a year earlier.

For the period of Jan. to Aug., sales increased 14.66% year-over-year to NT$178.66 billion.

Price: 20.69, Change: +0.83, Percent Change: +4.18

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