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Enter Symbol:
 
United Microelectronics Corporation (UMC) [hlAlert]

Rating:
Equal-weight
UMC

United Microelectronics Corporation (UMC) rated Equal-weight by Lehman Brothers

Posted on: Wednesday,  Mar 5, 2008  9:25 AM ET by Lehman Brothers

United Micro (UMC)
rated Equal-weight by Lehman Brothers.

United Microelectronics Corporation is engaged in the business of manufacturing or fabrication of semiconductors. Using the processes and techniques, the Company manufactures chips to the design specifications of the customers. The Company maintains a customer base across industries, including communication, consumer electronics, computer, memory and others. During the year ended December 31, 2008, the net wafer sales derived from the products used in communication devices, consumer electronics, personal computers (PCs), memory and other applications were 55.86%, 24.66%, 17.27%, 0.72% and 1.49% respectively.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2008 9:25 AM Hold
None
3.25
as of 12/24/2008
1 Week down  -3.37 %
1 Month up  15.78 %
3 Months up  63.42 %
1 YTD down  -12.53 %

(*) Stock Price at the time of the recommendation.
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