Trading Review for United Microelectronics Corp. Issued by StockPreacher.com

October 21, 2009 6:50 AM EDT

DALLAS, Oct. 21, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring chip maker United Microelectronics Corp. (NYSE: UMC). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on United Microelectronics Corp. (NYSE: UMC) should be of particular interest to other semiconductor companies: Texas Instruments Inc. (NYSE: TXN), Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM), Semiconductor Manufacturing Int'l (NYSE: SMI) and Chartered Semiconductor Mfg. Ltd. (Nasdaq: CHRT).

The full report is available at: http://www.stockpreacher.com/n/UMC

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United Microelectronics Corp. (UMC) is a provider of advanced technology and manufacturing services for applications spanning every major sector of the integrated circuit (IC) industry. The Company is leveraging its leading-edge foundry technology to develop faster and more powerful system-on-chip (SOC) ICs for various applications, including copper interconnects, low k dielectrics, embedded DRAM, and mixed signal/RF CMOS. Its production is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs -- Fab 12A in Taiwan and Fab 12i in Singapore.

Message Board Search for UMC: http://www.boardcentral.com/boards/UMC

In the report, the analyst notes:

"On October 8, the Company announced it recorded sales of T$9.536 billion ($297 million) for the month of September, reflecting a stronger demand for its technology products. This represents an 18% increase from a year earlier. However, analysts are offering downbeat outlook for the Company's fourth-quarter sale, expecting it to be flat or slightly decline.

"UMC is expected to increase its capital expenditure budget for 2010 as current market indicators suggest that semiconductor market is likely to improve next year. In 2009, UMC allocated 82% of its 2009 budget for the expansion of 45/50 nm and 65/55 production capacity, as well as the acquisition of the most advanced R&D equipment -- which indicate the Company's willingness to spend on advanced equipment to make the latest products. Most of UMC's capital expenditure budget will reportedly be consumed in the second half of 2009."

To read the entire report visit: http://www.stockpreacher.com/n/UMC

StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

CONTACT: StockPreacher.com
         Jeff Bishop
         (469)-252-3505
         press@beaconequity.com

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