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UMC sees prolonged inventory correction amid weak market sentiment

Misha Lu, DIGITIMES Asia, Taipei Thursday 27 July 2023 0

Credit: DIGITIMES

United Mircroelectronics Corp. (UMC) announced on July 26 its consolidated operating results for Q2 2023. The foundry saw revenue at NT$56.3 billion (US$1.81 billion), with gross margin at 36.0%, and net income was NT$15.64 billion (US$502 million).

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