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.
United Microelectronics Corporation (UMC) reported a significant increase in net sales for July 2022, achieving revenues of NT$24.83 billion, a 35.18% year-over-year rise from NT$18.37 billion in July 2021. For the January to July period, UMC's revenues totaled NT$160.30 billion, marking a 37.75% increase year-over-year compared to NT$116.37 billion in the same timeframe of 2021, representing an absolute growth of NT$43.93 billion. All figures are consolidated and expressed in thousands of New Taiwan Dollars.
United Microelectronics Corporation (UMC) reported robust Q2 2022 results, with revenue rising 13.6% QoQ to NT$72.06 billion (US$2.43 billion) and a 41.5% YoY increase. Gross margin reached 46.5%, while net income attributable to shareholders was NT$21.33 billion (US$718 million), translating to NT$1.74 per share. The company maintained over 100% capacity utilization and reported strong demand for its 22/28nm technologies, accounting for 22% of wafer revenue. UMC anticipates stable business amid potential fluctuations in consumer electronics demand and emphasizes its commitment to sustainability with validated emissions reduction targets.
United Microelectronics Corporation (NYSE: UMC) reported its unaudited net sales for June 2022, revealing significant growth. Revenues for June totaled NT$24.83 billion, up 43.2% year-over-year from NT$17.34 billion. For the first half of 2022, total revenues reached NT$135.48 billion, reflecting a 38.2% increase compared to NT$98.00 billion in the same period last year. This robust performance indicates a strong demand for UMC's products and services, boosting investor confidence.
United Microelectronics Corporation (NYSE: UMC) has achieved validation from the Science Based Targets initiative (SBTi) for its climate goals, becoming the first semiconductor foundry globally to do so. UMC aims for a 25% reduction in direct greenhouse gas emissions and a 12.3% reduction in value chain emissions by 2030, using 2020 as the base year. The company's commitment to net zero emissions by 2050 reflects over two decades of effort in combating climate change. UMC is actively investing in advanced technologies to enhance energy efficiency and is part of the RE100 initiative to increase renewable energy usage.
United Microelectronics Corporation (UMC) announced its unaudited net sales for May 2022, reporting revenues of NT$24.43 billion, a significant increase of NT$7.24 billion or 42.14% year-over-year compared to May 2021's NT$17.19 billion. For the year-to-date period from January to May 2022, UMC's total revenue reached NT$110.65 billion, reflecting a 37.17% rise from NT$80.67 billion during the same timeframe in 2021. These figures demonstrate UMC's robust growth trajectory amidst a favorable market environment.
United Microelectronics Corporation (NYSE: UMC) reported net sales for April 2022 of NT$22,796,461, reflecting a 39.16% increase compared to NT$16,382,058 in April 2021. For the first four months of 2022, total revenues reached NT$86,219,281, up 35.82% from NT$63,479,070 in the same period last year. These results highlight significant year-over-year growth, demonstrating the company's robust demand in the semiconductor sector.
United Microelectronics Corporation (NYSE: UMC) has filed its 2021 annual report on Form 20-F with the US Securities and Exchange Commission. The report highlights UMC's role as a leading semiconductor foundry, providing high-quality IC production with a focus on logic and specialty technologies. UMC operates 12 fabs across Asia, with a maximum capacity of approximately 800,000 8-inch equivalent wafers per month and employs around 20,000 people globally. Shareholders can request a hard copy of the report at no cost via UMC's Investor Relations.
United Microelectronics Corporation (UMC) reported impressive Q1 2022 results with a revenue of NT$63.42 billion, up 34.7% YoY. Gross margin stood at 43.4%, and net income attributable to shareholders reached NT$19.81 billion, translating to an EPS of NT$1.61. UMC's full-capacity utilization, despite slight wafer shipment declines, reflects strong demand. The company is expanding its Singapore facility to meet heightened demand for 22/28nm chips and is collaborating with DENSO for automotive power semiconductors. UMC's focus on specialty technologies is expected to bolster its market position.
United Microelectronics Corporation (UMC) and DENSO Corporation announced a collaboration to establish an insulated gate bipolar transistor (IGBT) production line at USJC, a UMC subsidiary in Japan. This initiative aims to meet the rising demand for power semiconductors in the automotive market, particularly for electric vehicles. The first mass production of 300mm IGBTs is set to commence in the first half of 2023, supported by Japan's Ministry of Economy, Trade and Industry. DENSO will leverage its expertise in IGBT technologies, while USJC will utilize its wafer manufacturing capabilities.
United Microelectronics Corporation (NYSE: UMC) reported its unaudited net sales for March 2022, highlighting significant growth. Total revenues for March reached NT$22.14 billion, a 33.22% increase year-over-year from NT$16.62 billion in March 2021. Cumulatively, revenues for the first quarter of 2022 were NT$63.42 billion, reflecting a 34.66% increase compared to NT$47.10 billion for the same period in 2021. This data underscores UMC's robust performance and positive trajectory in the semiconductor industry.
FAQ
What is the current stock price of United Microelectronic (UMC)?
What is the market cap of United Microelectronic (UMC)?
What does United Microelectronics Corp. (UMC) specialize in?
Where is United Microelectronics Corp. headquartered?
How many manufacturing facilities does UMC operate?
Who are some of UMC's major customers?
What is UMC's market share in the semiconductor foundry industry?
What is the total manufacturing capacity of UMC?
When was United Microelectronics Corp. founded?
How many employees does UMC have?
What sectors does UMC's technology apply to?
What are some of UMC's recent projects?
