United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In

Monty Rakusen/DigitalVision via Getty Images Introduction It has been around a year since I covered United Microelectronics (NYSE:UMC) first, so I wanted to look at the company’s performance throughout 2023 and see what’s in store going forward. The company’s share price went nowhere in the last year and only the dividend helped to push it to green. Given the tough macro environment in ´23, it was no surprise, however, now that the bottom seems to be setting in, I believe the company is going to see top ...