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UMC sees 3Q11 revenue decline in low teens; keeps capex unchanged

Jessie Shen, DIGITIMES, Taipei Wednesday 3 August 2011 0

United Microelectronics (UMC) expects revenues to decrease by a low-teens percentage sequentially in the third quarter of 2011, affected by fewer wafer shipments. Utilization rate for the quarter is estimated at low-70%, down from 87% in the second...

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