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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.

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United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for February 2022, totaling NT$20,809,602, marking a significant increase of NT$5,861,704 or 39.21% year-over-year compared to NT$14,947,898 in February 2021. For the period of January to February 2022, total revenues reached NT$41,282,368, a rise of NT$10,804,911 or 35.45% from NT$30,477,457 during the same timeframe in 2021. All figures are reported in thousands of New Taiwan Dollars.

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United Microelectronics Corporation (NYSE: UMC) plans to build a new advanced manufacturing facility (Fab12i P3) in Singapore with an initial capacity of 30,000 wafers per month starting late 2024. The US$5 billion investment aims to meet rising demand for UMC's 22/28nm technologies, driven by trends in 5G, IoT, and electric vehicles. This expansion will address the ongoing chip shortage and enhance UMC's manufacturing capabilities, supported by multi-year agreements with customers.

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United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales of NT$20.47 billion for January 2022, a significant increase from NT$15.53 billion in January 2021. This marks a year-over-year growth of NT$4.94 billion, or 31.83%. The figures reflect strong demand in the semiconductor market, showcasing UMC's robust performance during this period. All revenues are consolidated and expressed in thousands of New Taiwan Dollars.

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The Intellectual Property and Commercial Court in Taiwan ruled favorably for UMC in a trade secrets case, emphasizing its commitment to fair legal processes. UMC expects the prosecution to honor this ruling and the 2021 global settlement with Micron Technology, facilitating case closure. As a leading semiconductor foundry, UMC focuses on high-quality fabrication services and technological advancement, with significant capacity and a broad service offering. The company aims to enhance its position in the semiconductor market, contributing to Taiwan's economic growth.

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United Microelectronics Corporation (UMC) reported a robust fourth quarter of 2021 with revenue reaching NT$59.10 billion, marking a 30.5% year-on-year growth. Net income attributable to shareholders was NT$15.95 billion, translating to EPS of NT$1.30. The company's gross margin stood at 39.1%. UMC's 28nm technology saw a significant 75% revenue increase compared to 2020, indicating strong demand from sectors like 5G and AIoT. Looking ahead, UMC anticipates continued high demand across all nodes with a 2022 CAPEX plan of US$3.0 billion to support growth initiatives.

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United Microelectronics Corporation (UMC) reported impressive unaudited net sales for December 2021, totaling NT$20,279,580, marking a significant increase of NT$4,991,611 or 32.65% year-over-year from December 2020, which had revenues of NT$15,287,969. For the full year of 2021, UMC's total revenue reached NT$213,011,018, representing a growth of NT$36,190,104 or 20.47% compared to NT$176,820,914 in 2020. All figures are in thousands of New Taiwan Dollars. This strong sales growth reflects UMC's robust position in the semiconductor market.

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United Microelectronics Corporation (UMC) reported a 33.52% year-over-year increase in net sales for November 2021, totaling NT$19,661,423. The year-to-date figures from January to November reached NT$192,731,438, reflecting a 19.31% increase compared to the previous year. This growth is attributed to strong demand in the semiconductor market. The revenue increase demonstrates UMC's resilience and market position amidst industry challenges.

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United Microelectronics Corporation (NYSE: UMC) and Micron Technology (Nasdaq: MU) have reached a global settlement, withdrawing mutual complaints. UMC shall make a one-time payment to Micron. Both companies aim for future business collaboration. Micron, a major player in the semiconductor sector, boasts over 47,000 patents and emphasizes IP protection for competitive advantage. UMC specializes in logic and specialty semiconductor fabrication, having a capacity of nearly 800,000 wafers per month across its 12 fabs.

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United Microelectronics Corporation (NYSE: UMC) reported significant growth in October 2021 with net sales reaching NT$19.16 billion, a remarkable 25.36% increase compared to NT$15.28 billion in October 2020.

For the year-to-date period from January to October 2021, total revenues amounted to NT$173.07 billion, marking a 17.89% year-over-year increase from NT$146.81 billion in the same period of 2020.

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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.

United Microelectronic Corp.

NYSE:UMC

UMC Rankings

UMC Stock Data

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