Benzinga | Oct 6, 2021 06:03AM EDT

United Microelectronics Clocks 29% Sales Growth In September

* United Microelectronics Corp (NYSE:UMC) reported a September 2021 net sales growth of 29% year-on-year to NT$18.75 billion.

* The revenue for the nine months ended September 2021 rose 17% Y/Y to NT$153.91 billion.

* Last month reports indicated that the UMC would raise its prices for the second time for its 28-nm technology in quick succession.

* Price Action: UMC shares closed higher by 1.87% at $10.89 on Tuesday.