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UMC expects sales growth in 3Q24 along with increased fab utilization

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES Asia 0

Credit: DIGITIMES

Pure-play foundry United Microelectronics (UMC) expects to post a mid-single-digit sequential increase in wafer shipments with about flat growth in ASPs in the third quarter of 2024, when fab utilization rates will rise to 70% on average, up from 68%...

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