UMC Reports Sales for February 2023

Rhea-AI Summary

United Microelectronics Corporation (UMC) reported unaudited net sales for February 2023, revealing significant year-over-year declines. February revenues totaled NT$16,931,079, down 18.64% from NT$20,809,602 in February 2022. Cumulatively, net sales for January and February 2023 reached NT$36,520,594, marking an 11.53% decrease from NT$41,282,368 in the same period last year. This decline highlights ongoing challenges in the semiconductor market that may affect UMC's performance in the coming months.

Positive

• None.

Negative

• February 2023 revenues decreased by NT$3,878,523 or 18.64% compared to February 2022.
• Cumulative sales for January-February 2023 fell by NT$4,761,774 or 11.53% year-over-year.

TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of February 2023.

Revenues for February 2023

Period	2023	2022	Y/Y Change	Y/Y (%)
February	16,931,079	20,809,602	-3,878,523	-18.64%
Jan.-Feb.	36,520,594	41,282,368	-4,761,774	-11.53%

(*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages
(**) All figures are consolidated

Additional information about UMC is available on the web at https://www.umc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230305005117/en/

Michael Lin / David Wong

UMC, Investor Relations

Tel: + 886-2-2658-9168, ext. 16900

Email:

david_wong@umc.com

jinhong_lin@umc.com

Source: United Microelectronics Corporation

FAQ

What were UMC's revenues for February 2023?

United Microelectronics Corporation's revenues for February 2023 were NT$16,931,079.

How does UMC's February 2023 revenue compare to February 2022?

UMC's February 2023 revenue decreased by 18.64% compared to NT$20,809,602 in February 2022.

What is the cumulative revenue for UMC for January and February 2023?

The cumulative revenue for UMC for January and February 2023 is NT$36,520,594.

What was the year-over-year change in UMC's revenue for January and February 2023?

The year-over-year change in UMC's revenue for January and February 2023 was a decrease of 11.53%.