1 posts and columns on United Microelectronics

SMI, UMC Dumped on Bullish Results; Whither TSMC?

in News on July 29, 2009 at 1:25 pm PT

There goes the rally in contract chip makers. Shanghai, China’s Semiconductor Manufacturing International and Taiwan’s United Microelectronics both this morning beat profit and sales estimates for their most recent quarters and forecast above consensus, but both saw shares punished nevertheless.