|Bid||11.35 x 0|
|Ask||11.40 x 0|
|Day's Range||11.20 - 11.40|
|52 Week Range||10.40 - 18.65|
|Beta (3Y Monthly)||1.61|
|PE Ratio (TTM)||19.52|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||0.71 (6.30%)|
|1y Target Est||12.94|
Jan 29 (Reuters) - United Microelectronics Corp : * SAYS Q4 NET LOSS AT T$1.71 BILLION ($55.47 million) * SAYS Q4 CONSOLIDATED REVENUE AT T$35.52 BILLION, DOWN 3.0 PERCENT Y/Y * SAYS IT SEES Q1 GROSS PROFIT ...
The state-owned memory chipmaker was charged in November along with Taiwanese partner United Microelectronics Corp. of conspiring to steal intellectual property from Micron Technology Inc. Both companies have since denied the allegations, and on Friday Jinhua challenged U.S. authorities to produce proof of the supposed transgressions. Jinhua was wrapping up construction of a $6 billion plant on China’s southeastern coast when the Trump administration barred American suppliers from selling products or providing technical support to the Chinese company last October.
Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Friday it has notified the Unites States that it plans to file a complaint to be taken off the export control list, according to a statement on social media. Earlier this month, the company said it had pleaded not guilty to U.S government charges that it stole trade secrets. The U.S Justice Department had last year launched an indictment against Fujian Jinhua and United Microelectronics Corp , alleging they attempted to steal trade secrets from memory chip maker Micron Technology Inc (MU.O).
Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Thursday it has pleaded not guilty to U.S. charges alleging that it stole trade secrets, in a case that has fanned tensions in the intensifying technology race between the two countries. The U.S. Justice Department in November announced an indictment against state-owned Fujian Jinhua and Taiwan-based United Microelectronics Corp (UMC), alleging they stole intellectual property from U.S.-based Micron Technology Inc. In October, U.S. authorities added the Chinese firm to a list of entities that cannot buy components, software or technology goods from U.S. firms.
Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Thursday it has pleaded not guilty to U.S. charges alleging that it stole trade secrets, in a case that has fanned tensions in the intensifying technology race between the two countries. The U.S. Justice Department in November announced an indictment against state-owned Fujian Jinhua and Taiwan-based United Microelectronics Corp (UMC), alleging they stole intellectual property from U.S.-based Micron Technology Inc. Fujian Jinhua said in a statement posted on its official microblog account that it would work towards getting itself removed from the U.S. export control entity list and had hired lobbyists and legal advisors to help with its case.
As the Trump administration and China attempt to end their trade war, the U.S. is pushing forward on a key front of the conflict: a criminal prosecution of alleged trade-secret theft that has helped to hobble China’s aspirations of mass producing memory chips. State-owned Fujian Jinhua Integrated Circuit Co. and its Taiwan-based partner United Microelectronics Corp. pleaded not guilty Wednesday in San Francisco federal court. The companies’ indictment was the first under the Justice Department’s “China Initiative,” announced in November to prioritize trade-theft cases and litigate them as quickly as possible.
Jan 9 (Reuters) - United Microelectronics Corp : * SAYS DEC SALES UP 6.73 PERCENT Y/Y Source text in Chinese: https://bit.ly/2QtatlT Further company coverage: (Reporting by Hong Kong newsroom)
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SAN FRANCISCO/SHANGHAI (Reuters) - A Chinese court has ordered a sales ban of some older Apple Inc (AAPL.O) iPhone models in China for violating two patents of chipmaker Qualcomm Inc (QCOM.O), though intellectual property lawyers said enforcement of the ban was likely still a distant threat. The case, brought by Qualcomm, is part of a global patent dispute between the two U.S. companies that includes dozens of lawsuits. It creates uncertainty over Apple's business in one of its biggest markets at a time when concerns over waning demand for new iPhones are battering its shares.
Less than a month ago, Jinhua was full-speed ahead on an enormous undertaking financed by the local government that blanketed its corner of the city with bristling power plants, hulking workers’ dormitories and modern research labs. It was within months of a deadline to kick off full-scale production of some 60,000 wafers a month, a key step to giving China a competitive producer of memory chips used in smartphones. Now, uncertainty shrouds a company President Xi Jinping’s touted as one of three future domestic champions of chipmaking.
The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday. Last month the U.S. Commerce Department put Fujian Jinhua Integrated Circuit Co Ltd on a list of entities that cannot buy components, software and technology goods from U.S. firms. U.S. semiconductor company Micron Technology Inc (MU.O), a maker of memory chips with factories in Virginia and Utah, has accused Jinhua and Taiwanese partner United Microelectronics Corp of stealing its chip designs in a lawsuit in California.
Washington's decision to cut off U.S. supplies to a Chinese chip-maker spotlights mounting tensions over China's drive to be a global player in computer chips and the ways in which Taiwan companies are helping it get there. Shut out of major global semiconductor deals in recent years, China has been quietly strengthening cooperation with Taiwan chip firms by encouraging the transfer of chip-making expertise into the mainland. Taiwan chip giant United Microelectronics Corp (UMC) last week halted research and development activities with its Chinese state-backed partner Fujian Jinhua Integrated Circuit Co Ltd, following the U.S. move.
HONG KONG/BEIJING (Reuters) - Chinese state-backed semiconductor maker Fujian Jinhua Integrated Circuit Co Ltd billed itself as a national leader in the tech industry. It planned to drive a shift towards locally made chips and end a heavy reliance on imports, especially from the United States. "The era of Chinese chips has arrived," it said in a recent promotional online pamphlet to attract chip industry talent.
Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Saturday it has not stolen any technology, after the U.S. Justice Department indicted the state-back firm for stealing trade secrets. The U.S. Justice Department on Thursday indicted Fujian Jinhua, Taiwan's United Microelectronics Corp and three individuals for conspiring to steal trade secrets from U.S. semiconductor company Micron Technology Inc relating to its research and development of memory storage devices. Earlier in the week, U.S. President Donald Trump's administration took action to cut Fujian Jinhua off from U.S. suppliers.
The U.S. Justice Department on Thursday unveiled an indictment against two companies based in China and Taiwan and three individuals, saying they conspired to steal trade secrets from U.S. semiconductor company Micron Technology Inc relating to its research and development of memory storage devices. The charges against Taiwan-based United Microelectronics Corp, China state-owned Fujian Jinhua Integrated Circuit Co Ltd and three individuals who once worked for a unit of Micron mark the fourth case brought by the Justice Department since September as part of a broader crackdown against alleged Chinese espionage on U.S. companies.