UMC posts second straight quarterly loss, utilization slashed

Press release; Jessie Shen, DIGITIMES Asia 0

United Microelectronics Corporation (UMC), the world's second-largest wafer foundry player, has posted a net loss of NT$23.51 billion (US$717 million) for the fourth quarter of 2008. The loss marks the company's second straight quarterly loss as a result...

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