UMC Reports Sales for January 2023

Rhea-AI Summary

United Microelectronics Corporation (NYSE: UMC) reported net sales of NT$19,589,515 for January 2023, representing a 4.31% year-over-year decline from NT$20,472,766 in January 2022.

This decline resulted in a decrease of NT$883,251 compared to the previous year. The company's performance in January continued a trend of decreasing sales, prompting scrutiny regarding future growth potential.

All figures are presented in thousands of New Taiwan Dollars (NT$) and are consolidated.

Positive

• None.

Negative

• Net sales for January 2023 decreased by NT$883,251 compared to January 2022.
• January 2023 revenue declined by 4.31% year-over-year.

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

Revenues for January 2023

Period	2023	2022	Y/Y Change	Y/Y (%)
January	19,589,515	20,472,766	-883,251	-4.31%
Jan.-Jan.	19,589,515	20,472,766	-883,251	-4.31%

(*) 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/20230205005070/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 January 2023?

UMC reported revenues of NT$19,589,515 for January 2023.

How did UMC's January 2023 sales compare to January 2022?

Sales in January 2023 decreased by NT$883,251, or 4.31%, compared to January 2022.

What is UMC's stock symbol?

The stock symbol for United Microelectronics Corporation is UMC.

What does the year-over-year change in UMC's sales indicate?

The 4.31% decline in sales indicates a decrease in revenue for UMC, raising concerns about its financial performance.