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UMC announces 1Q net profit and hike in capital expenditures

Press release; Richard So, DIGITIMES Asia Tuesday 30 April 2002 0

United Microelectronics Corporation (UMC) on April 29 reported a return to profitability in the first quarter of 2002 after three consecutive quarters of losses. Although revenues declined 12.8% from the previous quarter to NT$12.159 billion, the company...

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