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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.
United Microelectronics Corporation (NYSE: UMC) has filed its 2022 annual report on Form 20-F with the US Securities and Exchange Commission. Shareholders can access the report online at UMC's website or request a hard copy via email at ir@umc.com.
UMC is a global semiconductor foundry that specializes in IC fabrication services. Its production capacity is approximately 850,000 8-inch equivalent wafers per month across 12 fabs, all certified with the automotive quality standard IATF 16949. The company’s R&D and manufacturing facilities are mainly located in Taiwan, along with offices in multiple regions including the US, Europe, and Asia.
United Microelectronics Corporation (NYSE: UMC) reported a 20.1% sequential decline in Q1 2023 revenue to NT$54.2 billion (US$1.78 billion), and a 14.5% year-over-year decrease. However, the company maintained a gross margin of 35.5% and a net income of NT$16.2 billion (US$532 million), resulting in earnings per share of NT$1.31. The drop in revenue was attributed to sluggish wafer demand and inventory corrections, with wafer shipments down 17.5% sequentially. Despite these challenges, automotive and industrial segments showed growth, contributing positively to UMC's financial health. UMC aims to address ongoing inventory corrections and plans to distribute a cash dividend of approximately NT$3.60 per share, emphasizing its commitment to sustainability with a NT$1.8 billion Circular Economy & Recycling Innovation Center.
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