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United Microelectronic Corp. (UMC) Boosts Q3 Foundry Segment Gross Revenue Outlook

July 29, 2015 8:25 AM

United Microelectronic Corp. (NYSE: UMC) issued an update on its guidance for the third quarter of 2015.

Based on its 3Q 2015 outlook, UMC expects foundry segment gross profit margin to be in the high-teens percentage range, compared to its previously stated guidance of mid-teens percentage range in the company's earlier 2Q 2015 earnings announcement.

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