While UMS’s fortunes remain closely tied to the cyclical semiconductor industry, the company is also exposed to a different market — the aerospace industry — via its separately listed subsidiary, JEP Holdings. This reduces business volatility given how the two markets are independent of each other.
UMS Holdings (UMS), the homegrown integrated original equipment manufacturer (OEM) for front-end semiconductor equipment, is optimistic about its long-term outlook.
This follows a challenging year due to the bottoming out of the semiconductor industry after a downturn.
