UMC Reports Sales for June 2023

Rhea-AI Summary

United Microelectronics Corporation (UMC) reported unaudited net sales for June 2023, showing a decrease of 23.24% compared to the same period last year. Revenues for the first half of 2023 also decreased by 18.43% compared to the previous year.

Positive

• UMC's net sales for June 2023 decreased by 23.24% compared to the same period last year, indicating a potential negative impact on the stock price.
• Revenues for the first half of 2023 decreased by 18.43% compared to the previous year, which could negatively affect the stock price.

Negative

• None.

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

Revenues for June 2023

Period	2023	2022	Y/Y Change	Y/Y (%)
June	19,056,484	24,825,649	-5,769,165	-23.24%
Jan.-June	110,505,855	135,477,960	-24,972,105	-18.43%

(*) 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/20230706704199/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 are the unaudited net sales for UMC in June 2023?

UMC's unaudited net sales for June 2023 were 19,056,484 New Taiwan Dollars (NT$).

How did UMC's net sales in June 2023 compare to the same period last year?

UMC's net sales in June 2023 decreased by 23.24% compared to the same period last year.

What is the percentage decrease in revenues for the first half of 2023 compared to the previous year?

Revenues for the first half of 2023 decreased by 18.43% compared to the previous year.