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United Microelectronics Corporation (UMC)

NYSE - Nasdaq Real Time Price. Currency in USD
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7.26+0.19 (+2.69%)
At close: 04:00PM EDT
7.27 +0.01 (+0.14%)
After hours: 07:59PM EDT
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  • Reuters

    Companies in China distance themselves from Taiwan amid Pelosi backlash

    From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week's visit to the island by a high-profile U.S. official. China claims self-ruled Taiwan as its territory, and the visit by U.S. House of Representatives Speaker Nancy Pelosi to Taipei last week - in defiance of Beijing's warnings - has sparked a wave of Chinese nationalism and huge military drills. Chinese social media users have targeted companies and celebrities they see as unpatriotic or supportive of Taiwan's independence with strong criticism - such as candy brand Snickers, whose owner apologised last week for a product launch that was seen as suggesting Taiwan is a country.

  • Business Wire

    UMC Reports Sales for July 2022

    TAIPEI, Taiwan, August 04, 2022--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC"), today reported unaudited net sales for the month of July 2022.

  • Reuters

    Taiwan chipmaker UMC sees further growth for sector into 2023

    Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even as soaring inflation and recession fears cool demand for consumer electronics. "After two very strong years in the semi market - we call it a supercycle - and hitting the recent turbulence and disruption from the market, and after this rising macro uncertainty, higher inflationary cost issues, we still foresee the foundry industry growing in 2023," co-president Jason Wang told an earnings call. UMC, whose clients include Qualcomm Inc and Germany's Infineon, benefited from a global chip shortage that has kept chipmakers' order books full over the past two years.