UMC cuts capex after strong 3Q22

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES Asia 0

Pure-play foundry United Microelectronics (UMC) saw its revenue and gross margin for the third quarter exceed the guidance given in end-July, but has decided to adjust its capex outlook this year to US$3 billion from the previously-set US$3.6 billion...

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