- UMC ended the year on a strong note by tripling net income in Q4, capping off a record year with big gains in a number of key areas.
- While growth was not an issue throughout 2020, the pace has started to slow and guidance sees growth decelerating even more for several reasons.
- The most straightforward way of keeping growth going is approaching its limits and the alternatives are unlikely to completely make up for its absence.
- There is some room left for further gains in 2021, but UMC is not likely to do so with the scope and magnitude of the year before.
For further details see:
There Should Be Some Gas Left In The Tank For United Microelectronics Corporation