Despite a big earnings beat, the short-term prospects aren’t too exciting as capacity utilization is going to fall back a bit in Q3, and CapEx will ramp up. But we still see longer-term gains as the tailwinds have only temporarily subsided. It is also acquiring 84.5% of a Japanese foundry, which it didn’t own, and […]
Entries Tagged as 'UMC'
August 2nd, 2018 · Comments Off on United Microelectronics Has Big Plans
April 28th, 2018 · Comments Off on United Microelectronics Has An Excellent Long-Term Perspective
A change in strategy, the backdrop of end-product demand growth and scaling up a facility in China should give the company considerable room to run. This won’t happen immediately though. But in the meantime, you can enjoy the 3%+ dividend yield. Source: United Microelectronics Has An Excellent Long-Term Perspective – United Microelectronics Corporation (NYSE:UMC) | […]