United Microelectronics: Growth Opportunities On Volume Recovery, But Pricing Remains A Risk
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United Microelectronics (UMC) reported Q4'24 results with a slight operating miss due to gross margin pressures. While 2025 guidance was better than expected, pricing remains a risk. Demand recovery is anticipated as inventories deplete across various markets, and UMC's advanced packaging and non-Chinese fabs could drive growth.
January 23, 2025 | 10:45 am
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UMC's Q4'24 results were slightly below expectations due to gross margin pressures. However, 2025 guidance was better than anticipated, suggesting potential demand recovery. Pricing remains a risk, but advanced packaging and non-Chinese fabs are growth drivers.
UMC's Q4'24 results showed a small operating miss, but the 2025 guidance was better than expected, indicating potential demand recovery. The advanced packaging capabilities and non-Chinese fabs are positive growth drivers, though pricing remains a risk.
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RELEVANCE 100