Analysts Citi see improving outlook for United Microelectronics Corporation (UMC) amid strong sales performance
United Microelectronics Corporation (UMC) has commenced mass production of silicon photonics wafers in Singapore, aiming to meet the rising demand for high-speed optical interconnects in AI and data center networks. This development is significant as it positions UMC to capitalize on the growing semiconductor market while analysts project a positive sales outlook for the company.