Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
TaiwanIPO:
19 September 2000Website:
http://www.umc.comNext earnings report:
31 July 2024Last dividends:
02 July 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:59:57 GMTAnalysts recommendations
Institutional Ownership
UMC Latest News
SINGAPORE--(BUSINESS WIRE)--Mikael Skov, Chief Executive Officer of Hafnia Limited ("Hafnia", the "Company", OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”), has on 3 July 2024 sold 1,000,000 shares in Hafnia at a price of NOK 87.7775 per share on Oslo Børs. For more information see the attached mandatory notification of trade. This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trad.
Investors interested in Electronics - Semiconductors stocks are likely familiar with United Microelectronics Corporation (UMC) and Lattice Semiconductor (LSCC). But which of these two companies is the best option for those looking for undervalued stocks?
HSINCHU, Taiwan--(BUSINESS WIRE)-- #amoleddisplays--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), a leading global semiconductor foundry, today announced the availability of its 22nm embedded high voltage (eHV) technology platform, the most advanced display driver IC foundry solution in the market to power premium displays for smartphones and other mobile devices. With unmatched power efficiency and reduced die size, the new platform, 22eHV, enables mobile device manufacturers to enhance b.
TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of May 2024. Revenues for May 2024 Period 2024 2023 Y/Y Change Y/Y (%) May 19,509,486 18,778,488 730,998 3.89% Jan.-May 93,882,976 91,449,371 2,433,605 2.66% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.
LOS ANGELES and AMSTERDAM, May 24, 2024 (GLOBE NEWSWIRE) -- Renovaro Inc. (NASDAQ: RENB) and the Amsterdam UMC Cancer Center today announced an intended partnership and therefore signed an MoU to establish a joint company based in the Netherlands aimed at pioneering the next generation of personalized cancer immunotherapy. Both Renovaro and Amsterdam UMC emphasize the need to carry out the appropriate corporate and scientific due diligence before taking these next steps.
United Microelectronics Corporation is projected to experience revenue growth and increased profitability in 2024 and beyond. The company has a healthy cash balance and reasonable debt levels, along with a solid interest coverage ratio. UMC's competitive edge and market standing are anticipated to be revitalized as the industry rebounds, making it a compelling investment opportunity.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
United Microelectronics Corporation (UMC) Q4 2023 Earnings Call Transcript
UMC's revenue fell this year owing to weak end markets, but both PC and wireless markets are seeing signs of recovery. The company has niche offerings in mature semi processes which have proven resilient while its customer base is diverse and sticky. UMC trades at about 12x P/E which is undemanding for a company that is looking at cyclical improvements as the industry recovers.
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 anticipated from 2024. UMC is shifting its strategy towards increasing sales to the automotive market, driven by electrification, autonomous driving, and improved connectivity.
What type of business is United Microelectronics?
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
What sector is United Microelectronics in?
United Microelectronics is in the Technology sector
What industry is United Microelectronics in?
United Microelectronics is in the Semiconductors industry
What country is United Microelectronics from?
United Microelectronics is headquartered in Taiwan
When did United Microelectronics go public?
United Microelectronics initial public offering (IPO) was on 19 September 2000
What is United Microelectronics website?
https://www.umc.com
Is United Microelectronics in the S&P 500?
No, United Microelectronics is not included in the S&P 500 index
Is United Microelectronics in the NASDAQ 100?
No, United Microelectronics is not included in the NASDAQ 100 index
Is United Microelectronics in the Dow Jones?
No, United Microelectronics is not included in the Dow Jones index
When does United Microelectronics report earnings?
The next expected earnings date for United Microelectronics is 31 July 2024