United Microelectronic
About: Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2023 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Employees: 19,833
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
82% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $7M
26% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 70
2% more capital invested
Capital invested by funds: $1.13B [Q1] → $1.15B (+$20.5M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0.07% less ownership
Funds ownership: 1.12% [Q1] → 1.05% (-0.07%) [Q2]
3% less funds holding
Funds holding: 236 [Q1] → 230 (-6) [Q2]
17% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 36
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Goldman Sachs Bruce Lu 100% 1-year accuracy 1 / 1 met price target | 5%downside $7.40 | Neutral Downgraded | 17 Oct 2024 |
Financial journalist opinion
Based on 7 articles about UMC published over the past 30 days
