UMC, AU Optronics report sales

Taiwanese companies AU Optronics and United Microelectronics (UMC) presented their April revenues today.

AU Optronics, which produces TFT LCD displays, said it had net sales worth 41.15 billion Taiwan Dollars, 1.2 percent more than in March. Compared to the same month last year, revenue increased by 68.9 percent from 24.36 billion Taiwan Dollars. So far, sales from January to April have amounted to 152.72 billion Taiwan Dollars – 103.4 percent more than in the same period of 2009.

Foundry United Microelectronics had revenues of 9.32 billion Taiwan Dollars. In April 2009, the second-largest foundry worldwide had revenues of 6.87 billion Taiwan Dollars – year over year growth totalled 35.51 percent. Total revenues in the first four months were 36,034 billion Taiwan Dollars, or 103.41 percent more than January to April last year and exactly the same rate as AU Optronics.

According to China Economic News, UMC is currently on the prowl for a strategic investor. The company said it will sell 1.298 billion shares in a private share placement, in order to raise NT$19 billion cash. UMC apparently wants to hook up with a competitor such as Texas Instruments, Global Foundries or ASML to stay competitive with local rival Taiwan Semiconductor Manufacturing (TSMC), the world’s largest contract maker of chips.

Taiwanese handset maker HTC Corp. is aiming to garner sales worth $1,59 billion US Dollars in the current second quarter. The ambitious target is a result of growing demand for the company’s mid-market and high-end smartphones based on open source mobile OS Android. HTC plans to sell 4,5 million handsets, after shipping 3,3 million to consumers worldwide in this year’s first quarter.