GF forecasts UMC for stronger prices and margins next two years as orders mount

[Hands in gloves hold chip testing microelectronics] Ivan-balvan/iStock via Getty Images GF Securities expects United Microelectronics (UMC [https://seekingalpha.com/symbol/UMC]) to experience stronger earnings per share over the next two years due to a combination of stronger prices and margins. This is supported by a rising number of orders from key clients, which are expanding utilization rates, or UTR, at its foundry. "We expect UTR for: 1) 12" to reach ~93% by end‑2026 on strong DDIC volumes from Novatek and Samsung (SSNLF [https://seekingalpha.com/symbol/SSNLF]) LSI at 22/28nm and Apple's (AAPL [https://seekingalpha.