UMC Stock Forecast: What is the Potential after Explosive Growth?

Dima ShirikovThis UMC Stock Forecast article was written by Dima Shirikov – Financial Analyst at I Know First.

Summary:

  • 2Q21 Revenue: NT$50.91 billion (US$1.83 billion) up 8.1% from the previous quarter.
  • Production capacity utilization exceeded 100% in 2Q21.
  • Global 5G connections will more than double by 2025.

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