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The Latest Breaking News from UMC

Advanced Micro Devices vs. United Microelectronics: Which Chip Stock is a Better Buy?

Although the technology sector’s sell-off on concerns over the Fed’s monetary policy tightening has seen semiconductor chip stocks plunge in price lately, growing demand for advanced microchips and increasing corporate and government investments to ramp up production and ease the chip shortage should help these stocks rebound quickly. Therefore, we…

StockNews.com

United Methodist bishops acknowledge breakup is imminent

The United Methodist Church’s Council of Bishops had ended a five-day meeting acknowledging the inevitable breakup of their denomination

The Independent UK

United Microelectronics: Q1 Earnings Insights

United Microelectronics (NYSE:UMC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 05:00 AM. Here's what investors need to know about the announcement.

Benzinga

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United Microelectronics Clocks 35% Revenue Growth In Q1; Wafer Shipments Decline 1.3% Sequentially

United Microelectronics Corp (NYSE:UMC) reported first-quarter FY22 revenue growth of 34.7% year-on-year to $2.22 billion, missing the consensus of $2.26 billion. Revenue contribution from 40nm and below technologies represented 38% of wafer revenue. Wafer shipments declined 1.3% Q/Q to 2,513K, while quarterly capacity grew to 2,420K 8-inch equivalent wafers. The overall utilization rate…

Benzinga

United Microelectronics vs. Himax Technologies: Which Semiconductor Stock is a Better Buy?

Amid the increasing demand for semiconductors from the automotive and electronics industries, rising government and private investments to address the global chip shortage should position the semiconductor industry for solid growth. So, semiconductor companies United Microelectronics (UMC) and Himax Technologies (HIMX) should benefit from industry tailwinds. But which of these…

StockNews.com

5 Best Semiconductor Stocks to Buy in April

Despite the current semiconductor shortage, rising demand for semiconductor chips and increasing investments to ramp up production should drive the industry’s growth. Therefore, we think it could be wise to bet on quality semiconductor stocks Micron Technology (MU), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF), and Semtech (SMTC). Read…

StockNews.com

2 Dividend Stocks Down More Than 20% to Buy Now

The expected interest rate increase this week and worsening geo-political tensions globally will likely keep the stock market under pressure in the near term. Therefore, we think it could be wise to bet on high-quality dividend stocks SAP (SAP) and United Microelectronics (UMC) to ensure a steady portfolio income stream.…

StockNews.com

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5 Top Dividend Stocks You Can Buy for Less Than $10 Per Share

Surging inflation, looming interest rate increases, rising oil prices, and supply disruptions due to the sanctions on Russia, are expected to keep the stock market under pressure in the near term. Therefore, we think it could be wise to bet on high-quality dividend stocks Ambev (ABEV), United Microelectronics (UMC), Centrais…

StockNews.com

Conservative Methodists announce launch date for new denomination

The Global Methodist Church, a new denomination of theologically conservative Methodists, will officially launch on May 1, a move that was expected for some time in the fight over full inclusion of the LGBTQ community.

Tribune News Service

Methodist conservatives to launch breakaway group in May

A group of theologically conservative United Methodists plans to launch a new worldwide denomination on May 1

The Independent UK

UMC Reports February Sales; Goldman Sachs Downgrades To Buy

United Microelectronics Corp (NYSE:UMC) reported a February sales growth of 39.2% year-on-year to NT$20.8 billion (~740 million). Revenue for the period January - February grew 35.5% Y/Y to NT$41.3 billion. Related Content: United Microelectronics Tops Q4 Consensus; Sees Market Demand To Exceed Supply Analyst Rating: Goldman Sachs analyst Bruce Lu downgraded UMC to Buy from Conviction…

Benzinga

Ominous Death Cross Forms On United Microelectronics's Chart

If history is any guide, there may be trouble ahead for shares of United Microelectronics (NYSE:UMC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Maharashtra: Ulhasnagar civic body official booked for raping 29-year-old woman

NAVI MUMBAI: The APMC police on Saturday booked the public relationship officer (PRO) of Ulhasnagar municipal corporation for allegedly sexually assaulting a woman in Navi Mumbai.

The Times of India

UMC Invests $5B On New Chip Plant In Singapore: All You Need To Know

United Microelectronics Corp's (NYSE:UMC) board approved a plan to build a new advanced manufacturing facility next to its existing 300mm fab (Fab12i) in Singapore. The first phase of this greenfield fab will have a monthly capacity of 30,000 wafers, with production likely to commence in late 2024. The new fab (Fab12i P3) will…

Benzinga

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StockNews.com

United Microelectronics vs. GlobalFoundries: Which Semiconductor Foundry Stock is a Better Buy?

The demand for semiconductors is soaring due to the growing need for smartphones, connected electric cars, and high-performance computing products. So, semiconductor foundries United Microelectronics (UMC) and GLOBALFOUNDRIES (GFS) should benefit. But which of these stocks is a better buy now? Read more to find out.

Benzinga

United Microelectronics Tops Q4 Consensus; Sees Market Demand To Exceed Supply

United Microelectronics Corp (NYSE:UMC) reported fourth-quarter FY21 revenue growth of 30.5% year-on-year to $2.14 billion, beating the consensus of $2.08 billion. "In the fourth quarter, strong demand continued to drive full loading across our fabs, while overall wafer shipments grew 1.7% QoQ to 2.55 million 8-inch equivalents," Co-President Jason Wang said. Margin: The gross…

Benzinga

Recap: United Microelectronics Q4 Earnings

United Microelectronics (NYSE:UMC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 03:30 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Preview: United Microelectronics

United Microelectronics (NYSE:UMC) is set to give its latest quarterly earnings report on Tuesday, 2022-01-25. Here's what investors need to know before the announcement. Analysts estimate that United Microelectronics will likely report an Earnings Per Share (EPS) of $0.21.

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