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Stock Market & Financial Investment News

News Breaks
July 17, 2014
14:00 EDTUMC, FJTSYFujitsu to withdraw from semiconductor manufacturing, Nikkei reports
Fujitsu (FJTSY) will wind down chip production and sell two fabrication facilities over the next few years to U.S. and Taiwanese companies, the Nikkei reports. The company's semiconductor business generated sales of $3.13B in the year ended March 31. Fujitsu is reportedly going to sell its Mie plant to United Microelectronics (UMC). Reference Link
News For FJTSY;UMC From The Last 14 Days
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January 29, 2015
05:23 EDTUMCUnited Microelectronics expects Q1 foundry segment wafer shipments up 2%-3%
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05:22 EDTUMCUnited Microelectronics sees FY15 CapEx $1.8B
The company said, "The Taiwan government authorities recently approved UMC's application to invest in a 12" joint venture fab in Xiamen, China. This investment will create opportunities for UMC to benefit from China's enormous chip requirements by bringing us closer to the Chinese semiconductor supply chain. The cooperation highlights UMC's differentiated approach of global expansion, proven through Singapore's Fab12i and SuZhou's Fab8N successfully achieving economy of scale while mitigating customer risks via geographic diversification. While we expand production sites worldwide, we are also focusing on continuous organic growth by deploying additional capacity at our Tainan site."
January 28, 2015
13:59 EDTUMCUnited Microelectronics upgraded to Overweight from Neutral at JPMorgan
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10:14 EDTUMCUnited Microelectronics downgraded to Underweight from Neutral at HSBC
06:22 EDTUMCUnited Microelectronics reports Q4 EPS 6c, one estimate 3c
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January 27, 2015
17:27 EDTUMCUnited Microelectronics acquired 33% stake in Chinese chip maker, Nikkei says
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January 21, 2015
05:53 EDTUMCUMC, Cadence collaborate to deliver 28nm design reference flow, DigiTimes says
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