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UMC expects gross margins to fall to zero in second quarter

Cage Chao, Taipei; Rodney Chan, DIGITIMES Asia Thursday 28 April 2005 0

United Microelectronics Corp. (UMC) yesterday reported a sequential decline of 28.1% in revenues to NT$20.29 billion for the first quarter of 2005, and the foundry expects revenues to drop further in the second quarter.

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