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United Microelectronic Corp. - UMC STOCK NEWS

Welcome to our dedicated page for United Microelectronic news (Ticker: UMC), a resource for investors and traders seeking the latest updates and insights on United Microelectronic stock.

United Microelectronics Corp. (UMC) is a leading global semiconductor foundry established in 1980, headquartered in Hsinchu, Taiwan. As the world's third-largest dedicated chip foundry, UMC holds a 7% market share in 2023, following TSMC and GlobalFoundries.

UMC provides advanced technology and manufacturing solutions for a wide range of applications across every major sector of the integrated circuit (IC) industry. The company's cutting-edge processes include 28nm poly-SiON and gate-last high-k/metal gate technology, mixed signal/RFCMOS, and numerous specialty technologies supporting IoT, wearable technology, sensing, MEMS, automotive, PMIC, and CIS applications.

UMC's robust production infrastructure consists of 10 wafer manufacturing facilities, including two advanced 300mm fabs: Fab 12A in Taiwan and Singapore-based Fab 12i. Fab 12A operates phases 1-4, producing customer products down to 28nm. Phases 5 & 6 have completed construction, with future expansions planned for phases 7 & 8. The company's overall manufacturing capacity exceeds 500,000 8-inch equivalent wafers per month, ensuring a reliable supply for its global customer base.

UMC's diverse customer base includes prominent companies such as Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx, and Realtek. The company supplies a broad spectrum of products used in communications, displays, memory, automotive, and more. UMC operates 12 fabs across Taiwan, Mainland China, Japan, and Singapore, with additional sales offices in Europe, the U.S., and South Korea. The company employs approximately 20,000 people.

Recent achievements and ongoing projects underline UMC's commitment to innovation and growth within the semiconductor industry. The company continuously invests in advanced technology and infrastructure to meet the evolving demands of its customers and maintain its competitive edge.

News

UMC Reports Sales for January 2024

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United Microelectronics Corporation (UMC) reported unaudited net sales for January 2024, showing a Y/Y change of -2.94% compared to January 2023. The revenues for the period were 19,013,697 NT$.
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UMC Reports Fourth Quarter 2023 Results

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United Microelectronics Corporation (UMC) reported a full-year 2023 EPS of NT$4.93 with a 22/28nm contribution in Q4 reaching 36%. Revenue was NT$54.96 billion, a 3.7% QoQ decrease. Gross margin was 32.4%, and net income was NT$13.20 billion. UMC's 22/28nm represented 36% of Q4 wafer revenue, reflecting record-high revenue and percentage of wafer sales. Overall, 2023 showed UMC's resilience in a challenging external environment, with a strong financial performance and structural profitability. However, the company anticipates mild wafer demand in Q1 2024, and the utilization rate slightly fell to 66% in Q4. UMC's 12nm FinFET collaboration is expected to broaden the addressable market and accelerate the development roadmap. The company also invested in circular economy initiatives and received recognition for ESG contributions.
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Intel and UMC Announce New Foundry Collaboration

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Intel Corp. and United Microelectronics Corp. announced a collaboration to develop a 12-nanometer semiconductor process platform targeting high-growth markets. The collaboration aims to bring together Intel's at-scale U.S. manufacturing capacity and UMC's extensive foundry experience to enable an expanded process portfolio. The deal broadens customer access to a geographically diverse semiconductor supply chain and accelerates UMC's development roadmap. Production of the 12 nm process is expected to begin in 2027.
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UMC Reports Sales for December 2023

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United Microelectronics Corporation (UMC) reported unaudited net sales for December 2023, with a year-over-year decrease of 18.94%. For the full year 2023, the company's revenues declined by 20.15%.
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UMC Recognized for ESG Strength With DJSI World & Emerging Markets Index and MSCI-ESG AA Rating

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United Microelectronics Corporation (UMC) (NYSE: UMC; TWSE: 2303) achieved its 16th consecutive year in the Dow Jones Sustainability Indices (DJSI), obtaining the top ranking among semiconductor foundry peers and an AA rating in the MSCI ESG Ratings. The company continues to excel in sustainable management, with high scores in environmental, social, and governance dimensions, positioning UMC as a leader in corporate sustainability and ESG initiatives.
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UMC Reports Sales for November 2023

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United Microelectronics Corporation (UMC) reported unaudited net sales for November 2023. Revenues for November 2023 were NT$18,787,670, showing a 16.67% decrease from November 2022. For the period of January to November 2023, revenues were NT$205,553,774, indicating a 20.25% decrease from the same period in 2022.
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UMC Reports Sales for October 2023

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United Microelectronics Corporation (UMC) reported unaudited net sales for October 2023. Sales for the month were NT$19,191,382, a decrease of 21.17% compared to October 2022. From January to October 2023, sales were NT$186,766,104, a decrease of 20.60% compared to the same period in 2022.
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UMC Launches W2W 3D IC Project with Partners, Targeting Growth in Edge AI

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United Microelectronics Corporation (UMC) has initiated the W2W (wafer-to-wafer) 3D IC project in collaboration with partners Winbond, Faraday, ASE, and Cadence. The project aims to provide an end-to-end solution for integrating memory and processor with silicon stacking technology, targeting edge AI applications. The platform is expected to be ready in 2024 and will resolve various integration challenges. Each member brings their expertise to the project, with UMC focusing on wafer manufacturing and hybrid bonding technology, Winbond introducing Customized Ultra-Bandwidth Elements (CUBE) architecture, Faraday providing turnkey services for 3D advanced packaging, ASE offering die sawing, packaging, and testing services, and Cadence contributing to wafer-to-wafer design flow and certification.
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UMC Reports Third Quarter 2023 Results

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UMC reports Q3 2023 operating results with revenue of NT$57.07 billion, a 1.4% increase QoQ. Gross margin is 35.9% and net income is NT$15.97 billion. 22/28nm revenue contribution reaches 32%. UMC expects stable demand in Q4 and plans to enhance revenue from 22/28nm.
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UMC Reports Sales for September 2023

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United Microelectronics Corporation reports unaudited net sales for September 2023.
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FAQ

What is the current stock price of United Microelectronic (UMC)?

The current stock price of United Microelectronic (UMC) is $6.53 as of December 20, 2024.

What is the market cap of United Microelectronic (UMC)?

The market cap of United Microelectronic (UMC) is approximately 16.4B.

What does United Microelectronics Corp. (UMC) specialize in?

UMC specializes in providing advanced semiconductor foundry services, including leading-edge processes like 28nm poly-SiON and gate-last high-k/metal gate technology, and various specialty technologies for IoT, automotive, and more.

Where is United Microelectronics Corp. headquartered?

UMC is headquartered in Hsinchu, Taiwan.

How many manufacturing facilities does UMC operate?

UMC operates 10 wafer manufacturing facilities, including two advanced 300mm fabs in Taiwan and Singapore.

Who are some of UMC's major customers?

UMC's major customers include Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx, and Realtek.

What is UMC's market share in the semiconductor foundry industry?

UMC holds a 7% market share in the semiconductor foundry industry as of 2023.

What is the total manufacturing capacity of UMC?

UMC's total manufacturing capacity exceeds 500,000 8-inch equivalent wafers per month.

When was United Microelectronics Corp. founded?

UMC was founded in 1980.

How many employees does UMC have?

UMC employs approximately 20,000 people.

What sectors does UMC's technology apply to?

UMC's technology is applied in various sectors including communications, displays, memory, automotive, and more.

What are some of UMC's recent projects?

Recent projects at UMC include the completion of construction for phases 5 & 6 of Fab 12A in Taiwan, with plans for future phases 7 & 8.

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United Microelectronic Corp.

NYSE:UMC

UMC Rankings

#621 Ranked by Market Cap
#387 Ranked by Dividends

UMC Stock Data

16.35B
2.51B
6.71%
3.01%
Semiconductors
Technology
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United States of America
Hsinchu City