Zacks Investment Research upgraded shares of UTD MICROELECTR (UMC) from NEUTRAL to OUTPERFORM on January 30, 2015, with a target price of $2.60.
UMC specializes in providing foundry services for high performance semiconductor applications. Its core competency lies in its ability to produce high yield Integrated Circuit wafers, manufactured on a per-customer basis. The company draws its distinction from industry leading technology. In addition to wafer manufacturing, its customers benefit from services such as extensive IP resources, free-of-charge design libraries, and full front-end and backend support.
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