Seeking Alpha

Chip contract manufacturer UMC, which has long played second fiddle to larger Taiwanese rival...

Chip contract manufacturer UMC, which has long played second fiddle to larger Taiwanese rival TSMC (TSM), has broken ground on an $8B fab expansion plan that will manufacture chips at cutting-edge process nodes. TSMC has a head start on UMC and other rivals in producing chips using a 28nm process, and is having trouble meeting demand. Chip equipment makers are counting on strong orders from contract manufacturers to offset weak demand elsewhere.
Comments (1)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    UMC (and TSM) were day traders' favs a decade ago. Neither have moved much since falling from their last decade highs. If the dividends are sustainable, they are decent buys at relative lows going forward.
    24 May 2012, 06:19 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|