Board approves UMC dividend
By Lisa Wang / Staff reporter
United Microelectronics Corp (UMC, 聯電), the world’s No. 3 contract chipmaker, yesterday said that its board of directors has approved a plan to pay a cash dividend of NT$1.6 per share this year, up from NT$0.75 last year and the highest in 21 years.
Based on the plan, UMC would pay NT$19.88 billion (US$702.32 million) in cash dividends to shareholders this year.
The payout ratio was about 66 percent, as the company earned NT$2.42 per share last year.
The logo of United Microelectronics Corp is pictured at the company’s headquarters in Hsinchu on June 12, 2018.
Lite-On, Delta Electronics report annual growth in consolidated sales last month
By Angelica Oung / Staff reporter
Electronic components supplier Lite-On Technology Corp (光寶科技) yesterday reported consolidated revenue of NT$14.08 billion (US$496.12 million) for last month, up 4.74 percent month-on-month and 24.42 percent year-on-year.
The company said in a statement that the revenue increase reflected “stable demand” among clients for its core information technology (IT) business, while other business segments, such as optoelectronics, also showed positive growth.
Lite-On said that its information technology unit which accounted for 55 percent of sales last month saw revenue increase 20 percent on the back of continued strong demand for power supplies for notebook computers and gaming devices.