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$1.93 0.17 (9.66%)
11/21/2008 4:02 PM

United Microelectronics Corp (ADR) (UMC)

CAPS Rating:
***

An independent semiconductor foundries whose primary business is the manufacture, or 'fabrication', of semiconductors, sometimes called 'chips' or 'integrated circuits', for others.

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Avatar RockChalkChicago (71.16) Submitted: 2/17/07 1:21 AM : Outperform Start Price: $3.28 UMC Score: 6.66

There may be some excess capacity in the semiconductor industry during the first half of 2007 but this company will make some major moves within the next year to year and a half. Based on relative valuation to its peers, UMC is definitely undervalued.

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