tiprankstipranks
Advertisement
Advertisement

UMC sees FY25 capital expenditures $1.8B

Sees FY25 average selling price flat. Sees FY25 wafer shipments up low-single digit percent. Co-president Wang added, “Looking ahead to the third quarter, we expect a mild increase in wafer shipments. However, adverse foreign exchange movement will lead to a decline in NT dollar revenue. We are closely monitoring the near-term uncertainties and risks as the markets anticipate US tariff policies. To navigate macro and geopolitical headwinds, including foreign exchange risks, UMC (UMC) will continue to actively manage our foreign exchange exposure and maintain financial flexibility to enhance our financial structure and business resilience.”

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1