Earnings call: UMC reported a solid financial performance with a revenue of NT$50.5 billion

UMC reports strong Q3 2024 results with NT$50.5 billion revenue and optimistic outlook despite market challenges, focusing on specialty technologies and strategic partnerships.

GFS downgraded at Morgan Stanley on potential pricing pressure from TSMC, China

GlobalFoundries, UMC stocks down as Morgan Stanley downgrades on pricing woes

GlobalFoundries and United Microelectronics face challenges, including a downgrade by Morgan Stanley due to reduced growth expectations, competitive pressures, and weak demand in the semiconductor industry.