United Microelec Stock Price, News & Analysis

United Microelectronics (UMC) has released its unaudited net sales report for July 2024. The company, listed on both NYSE and TWSE, reported significant growth in its monthly revenue. July 2024 sales reached NT$20,896,877,000, marking a 9.61% increase compared to the same month in 2023. The year-to-date figures from January to July 2024 also show positive momentum, with total revenues of NT$132,328,266,000, representing a 2.13% year-over-year growth. This performance indicates UMC's continued strength in the semiconductor industry and its ability to capitalize on market demand.

United Microelectronics (UMC) reported its Q2 2024 results, showing improved performance compared to Q1. Revenue increased 4.0% QoQ to NT$56.80 billion, with gross margin reaching 35.2%. Net income rose 31.8% to NT$13.79 billion, resulting in earnings per share of NT$1.11. Key highlights include:

- Wafer shipments increased 2.6% QoQ
- Fab utilization improved to 68%
- 22/28nm revenue contribution rose to 33%
- Q3 outlook: Wafer shipments to increase mid-single digit %, ASP to remain firm
- 2024 CAPEX budget set at US$3.3 billion

UMC saw notable demand momentum in the consumer segment and expects further improvement in end market dynamics for Q3, particularly in communication and computing segments.

United Microelectronics (NYSE: UMC; TWSE: 2303) reported its unaudited net sales for June 2024. The company recorded revenues of NT$17,548,413 thousand, which represents a 7.91% year-over-year decline compared to NT$19,056,484 thousand in June 2023.

Despite the June revenue drop, cumulative revenues for the first half of 2024 were slightly up by 0.84%, amounting to NT$111,431,389 thousand compared to NT$110,505,855 thousand during the same period in 2023.

This data is consolidated and presented in thousands of New Taiwan Dollars (NT$).

United Microelectronics (UMC) has launched its most advanced 22nm embedded high voltage (eHV) technology platform. This platform, named 22eHV, is designed to power premium displays for smartphones and other mobile devices, offering improved power efficiency and reduced die size.

The 22eHV platform is the first in the industry to accommodate the rising penetration of AMOLED displays, reducing core device power consumption by up to 30% compared to 28nm eHV processes. It also features the industry's smallest SRAM bit cells, reducing die area by 10%, and enhances image processing speed for high-resolution images and fast response times.

UMC has been a leader in the AMOLED DDIC market since 2020 and currently holds more than 90% market share for 28nm small-panel DDICs. The company aims to expand its eHV portfolio to FinFET technology to meet future display trends.

United Microelectronics (UMC) reported unaudited net sales for May 2024, showing an increase compared to May 2023. Revenues for May 2024 were NT$19,509,486 thousand, up by 3.89% from NT$18,778,488 thousand in May 2023.

Cumulative revenues for January to May 2024 reached NT$93,882,976 thousand, reflecting a 2.66% increase compared to the same period in 2023, which had revenues of NT$91,449,371 thousand.

United Microelectronics (UMC) reported unaudited net sales for April 2024, showing a 6.93% year-over-year increase in revenues. The company also disclosed a 2.34% growth for the January to April period compared to the same period in 2023.

UMC introduced the industry's first 3D IC solution for RFSOI technology, reducing circuit footprint by over 45% and enabling integration of more RF components in 5G devices. The technology addresses RF interference and aims to develop solutions for 5G mmWave. UMC's comprehensive RF front-end modules offer unmatched performance in various technology types and nodes.