UMS chairman and CEO Andy Luong notes that the company is enjoying a ride on the boom in semiconductors industry.
According to SEMI, global sales of semiconductor manufacturing equipment are forecasted to surpass US$100 billion next year, a new high, after jumping 34% to US$95.3 billion in 2021.
UMS shares closed Aug 13 at $1.75, down 0.57% for the day and up 52.17% year to date.