TOKYO – UMC Electronics reported fiscal third quarter net sales rose 1.7% to 39.2 million yen for the period ended Mar. 31.

Year to date sales were 103.3 billion yen (US$943 million), down 5.9% year-over-year. Operating income was 1.03 billion yen, compared to an operating loss of 1.45 billion yen in the same period of 2020.

Under the influence of the global coronavirus epidemic, some bases were temporarily shut down, orders decreased due to the shutdown of customer production bases, and shipments of some products were delayed due to difficulty in obtaining electronic components. However, there are signs of recovery in the fiscal third quarter.

Ed.: 1 yen = US$0.0091

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