Stock Data
$0.17 (0.70%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SEMICONDUCTORS
United Microelectronics Corporation is a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company is headquartered in Hsinchu City, Taiwan.
UMC's May revenue jumped 17.8% year-over-year to $22.94 billion while boosting a $1.35 billion retained earnings injection from selling Novatek shares, then sweetened the pot with a dividend hike ahead of Q2 results. Late-June wafer price rallies telegraphed confidence in the chipmaker's pricing power for the back half.
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