United Microelectronics traded at $22.46 this Tuesday June 2nd, decreasing $0.43 or 1.88 percent since the previous trading session. Looking back, over the last four weeks, United Microelectronics lost 71.98 percent. Over the last 12 months, its price rose by 195.14 percent. Looking ahead, we forecast United Microelectronics to be priced at 20.32 by the end of this quarter and at 18.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Microelectronics Corp is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments. The Wafer Fabrication segment is mainly engaged in the manufacture of chips to the design specifications of its customers by using its own processes and techniques. The New Business segment is engaged in the research, development, manufacture and provision of solar energy. The Company is engaged in the maintenance of a customer base across various industries, including communication, consumer electronics, computer, memory, new generation light-emitting diode (LED) and others, while focusing on manufacturing for applications, including networking, telecommunications, Internet, multimedia, personal computers (PCs) and graphics.