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Taipei, June 1 (CNA) A malfunction at one of the substations operated by Taiwan Power Co. (Taipower) that resulted in a sudden power dip Thursday caused a slight disruption to production lines in Tainan, contract chipmaker United Microelectronics Corp. (UMC) said that day.
Causeway Capital Management LLC trimmed its position in shares of United Microelectronics Co. (NYSE:UMC – Get Rating) by 18.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 141,145 shares of the semiconductor company’s stock after selling 30,954 shares during the quarter. Causeway Capital Management LLC’s holdings in United Microelectronics were worth $922,000 at […]
United Microelectronics (NYSE:UMC – Get Rating) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Monday. Several other equities analysts have also recently weighed in on UMC. HSBC cut shares of United Microelectronics from a “hold” rating to a “reduce” rating and decreased […]
China delivered the latest salvo in an escalating semiconductor war with the US, announcing that Micron Technology Inc. products have failed to pass a cybersecurity review in the country.
In a statement Sunday, Beijing warned operators of key infrastructure against buying the company’s goods, saying it found “relatively serious” cybersecurity risks in Micron products sold in the country.