We came across a bullish thesis on United Microelectronics Corporation on r/investing by straight_sauce. In this article, we will summarize the bulls’ thesis on UMC. United Microelectronics Corporation's share was trading at $8.77 as of January 15th. UMC’s trailing and forward P/E were 16.37 and 14.35  respectively according to Yahoo Finance. United Microelectronics Corporation (UMC) operates in a less glamorous but essential segment of the semiconductor market, focusing on mature and specialty nodes tha ...