UMC. Automotive Weakness Prolongs Downturn

309 Views06 Nov 2023 16:40
Q323 revenues of NT$57 billion, up 1.4% QoQ but down 24.3% YoY. Net income was NT$15.97, essentially flat QoQ. Utilization to decline to low 60% levels in Q423, the lowest since the downturn began.
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