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UMC sees falling fab utilization and gross margin in 4Q24

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES Asia 0

Credit: DIGITIMES

Pure-play foundry United Microelectronics (UMC) anticipates a decline in both its fab utilization rate and gross margin in the fourth quarter of 2024, and has lowered its capital expenditure outlook for this year.

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