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UMC expects rebounds in 2Q25, denies merger rumors with GlobalFoundries

Monica Chen, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: DIGITIMES

United Microelectronics Corp. (UMC) reported a consolidated revenue of NT$57.86 billion (approx. US$1.78 billion) for the first quarter, down 4.2% sequentially but up 5.9% year-over-year. The company achieved a gross margin of 26.7% and a net profit...

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