Page 8 - Microelectronics Corp News Today

Magnite, UMC, and Baozun could all rebound to double-digit prices.

Taipei, May 9 (CNA) Shares in Taiwan took a beating Monday as the benchmark weighted index fell to its lowest point in almost one year as market sentiment remained worried over more rate hikes by the U.S. Federal Reserve, dealers said.

Taipei, May 3 (CNA) Shares in Taiwan ended lower Tuesday as investors remained cautious over the potential for further volatility on American markets ahead of a two-day U.S. Federal Reserve meeting beginning later Tuesday, dealers said.

Taipei, April 27 (CNA) Shares in Taiwan tumbled by more than 2 percent Wednesday following steep losses on American markets overnight amid concerns that higher interest rates and surging inflation could hurt the global economy, dealers said.

United Microelectronics Co (UMC, 聯電), the world’s No. 2 foundry service provider, yesterday posted record net profit for last quarter, as growing demand for automotive, server and networking chips helped offset weakness in the smartphone and notebook computer segments due to China’s lockdowns. Orders for automotive, server and networking chips accounted for more than 20 percent of UMC’s revenue, it said. Net profit last quarter soared about 90 percent to NT$19.81 billion (US$673.9 mill...

Intel filed for the IPO of its self-driving car unit Mobileye, opening the doors for semiconductor stocks to see a significant jump in value.

Taipei, April 13 (CNA) Taiwan's stock market index recovered more than 300 points on Wednesday and rose back above the 17,000-point mark after having falling below it on Tuesday, but turnover remained relatively low.

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said operations at all of its plants had returned to normal after an early morning magnitude 6.6 earthquake near Hualien caused sporadic evacuations and minor machine damage. Technical hiccups triggered by the earthquake, which struck off the coast of Hualien County at 1:41am, had been rectified following an inspection, TSMC said. The world’s largest contract chipmaker said that temporarily evacuated workers had all returned to ...

/ Staff writer, with CNAUnited Microelectronics Corp （UMC, 聯電） yesterday declined to comment on a report that the White House had invited the nation’s second-largest contract chipmaker to build a semiconductor fab in Detroit.

United Microelectronics Corp (UMC, 聯電) yesterday declined to comment on a report that the White House had invited the nation’s second-largest contract chipmaker to build a semiconductor fab in Detroit. UMC said it would not comment on market speculation, but said it had adopted a policy to diversify production and was continuing to assess the possibility of investments abroad. A report published by the Chinese-language Economic Daily News said that UMC had been invited by the US government...