Umc stock price

Expanding portfolio has been a key catalyst. Revenues from UMC’s specialty technology portfolio accounted for 53.1% of total sales in the third quarter of 2024. This portfolio includes advanced solutions like its 22-nm display driver technology, which is gaining strong momentum. Building on this success, in June, UMC launched its 22 nm embedded high voltage technology platform, the most advanced display driver IC solution, enhancing power efficiency and visual experiences for premium displays in mobile devices. UMC’s diversified manufacturing footprint, highlighted by the near completion of its new fab expansion in Singapore, enables the company to support customers’ long-term strategies while strengthening its position in the semiconductor industry. This expansion is critical to meeting increasing demand and providing advanced solutions. In addition to technological advancements, UMC is also investing in the future workforce. In October, United Microelectronics signed a Memorandum of Understanding with Ngee Ann Polytechnic to enhance training for engineering talents and expand the workforce for the growing semiconductor industry. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. UMC stock price touched $8.56 after upbeat industry demand forecasts were released. This aligns with expectations for steady shipment volumes across consumer and industrial electronics markets.