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UMC posts lower 3Q11 profits, to stay profitable in 4Q11

Jessie Shen, DIGITIMES, Taipei Wednesday 26 October 2011 0

Contract chipmaker United Microelectronics (UMC) saw its net profits for the third quarter of 2011 decline 38.8% sequentially and 77.6% from a year ago, with gross margin sliding to 19.8%. The company also posted lower revenues for the quarter, affected...

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