UMC News and Press, United Microelectronics Corporation From 09/05/23

2023-09-05 22:44:25 ET Summary GFS has not done so well recently, but there is a case to be made that GFS is worth considering at this point. A lot is expected from GFS in the coming years when it comes to growth, but whether it will deliver remains up in the air. The foundry ...

2023-08-08 17:49:06 ET Summary UMC beat estimates for Q2, but the latest report contained a number of troubling developments in several areas. UMC lowered its outlook once again due to demand coming in weaker than expected, in addition to hinting demand could fall even further. ...

2023-08-04 06:12:04 ET Semiconductor maker United Microelectronics Corporation ( NYSE: UMC ) posted net sales in July of NT$19.1M ($600,864.41), down 23.2% compared to last year. Year-to-date net sales were NT$129.6M, down 19.2% compared to last year. UMC +0.7% pr...

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of July 2023. Revenues for July 2023 (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidate...

2023-08-02 08:09:09 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, inve...

2023-07-26 11:49:08 ET United Microelectronics Corp (UMC) Q2 2023 Earnings Conference Call July 26, 2023, 05:00 AM ET Company Participants Michael Lin - IR Chi-Tung Liu - CFO, SVP, Head, Corporate Governance & Company Secretary Jason Wang - President & Re...

2023-07-26 06:00:35 ET United Microelectronics press release ( NYSE: UMC ): Q2 GAAP EPS of $0.20 beats by $0.04 . Revenue of $1.81B (-22.0% Y/Y) beats by $60M . Capacity utilization rate: 71% For further details see: United Microelectronics GAAP EPS o...

Company’s differentiating specialty technologies accounted for 59% of Q2 revenue Solid 22/28nm business momentum lifted contribution to 29% Second Quarter 2023 Overview 1 : Revenue: NT$56.30 billion (US$1.81 billion) Gross margin: 36.0%; Operatin...

2023-07-25 11:17:10 ET United Microelectronics ( NYSE: UMC ) is scheduled to announce Q2 earnings results on Wednesday, July 26th, before market open. The consensus EPS Estimate is $0.16 (-44.8% Y/Y) and the consensus Revenue Estimate is $1.75B (-28.0% Y/Y). Over the l...

2023-07-07 05:30:50 ET Summary In this article, I aim to conduct an intrinsic valuation on UMC's stock to see if the recent dip in sales has affected its long-term upside. UMC's profit is expected to face temporary pressure during the current semiconductor downcycle, with recovery...