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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (60175)	2/8/2002 3:19:06 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

UMC January Sales Fall 58% as Demand for Chips Slumps (Update1) By Iain Pocock 02/08 02:30 quote.bloomberg.com Hsinchu, Taiwan, Feb. 8 (Bloomberg) -- United Microelectronics Corp., the second-largest maker of chips for other companies, said January sales fell 58 percent from a year ago as falling sales of computers and mobile phones cut demand. Sales last month fell to NT$4 billion ($114 million) from NT$9.5 billion and fell about 9 percent from NT$4.4 billion in December, UMC said in a statement distributed by Business Wire. UMC has posted three quarters of losses because customers like Infineon Technologies AG, the fourth-largest memory chipmaker, cut orders. Global semiconductor sales slumped a third to $152 billion last year, according to market researcher Dataquest Inc.