UMC Expected to Advance Its High-margin PIC Business: GF Securities

GF Securities expects shares of the Taiwan-based foundry United Microelectronics (UMC) to strengthen due to advancements in its photonic integrated circuit, or PIC, business. Shares increased 3% during pre-market trading on Tuesday. "UMC's share price underperformed the Ta

GF Securities expects shares of the Taiwan-based foundry United Microelectronics (UMC) to strengthen due to advancements in its photonic integrated circuit, or PIC, business.

Shares increased 3% during pre-market trading on Tuesday. “UMC’s share price underperformed the Taiex by 26% in

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