STOCK TITAN

UMC Reports Sales for March 2023

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for March 2023. The company generated revenues of NT$17,688,853 thousand, a decline of NT$4,451,599 thousand or 20.11% compared to March 2022, where revenues were NT$22,140,452 thousand. For the first quarter (January-March 2023), total revenues reached NT$54,209,447 thousand, down NT$9,213,373 thousand or 14.53% from NT$63,422,820 thousand during the same period last year. The figures highlight a significant year-over-year decrease in both monthly and quarterly revenues.

Positive
  • None.
Negative
  • March 2023 revenue decreased by NT$4,451,599 thousand, a 20.11% drop year-over-year.
  • First quarter 2023 revenue fell by NT$9,213,373 thousand, a 14.53% decline compared to the previous year.

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

Revenues for March 2023

Period

 

2023

 

2022

 

Y/Y Change

 

Y/Y (%)

March

 

17,688,853

 

22,140,452

 

-4,451,599

 

-20.11

%

Jan.-Mar.

 

54,209,447

 

63,422,820

 

-9,213,373

 

-14.53

%

(*) 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.

Michael Lin / David Wong

UMC, Investor Relations

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

Email: jinhong_lin@umc.com

david_wong@umc.com

Source: United Microelectronics Corporation

FAQ

What were UMC's revenues for March 2023?

UMC reported revenues of NT$17,688,853 thousand for March 2023.

How much did UMC's revenue decline in March 2023?

UMC's revenue declined by NT$4,451,599 thousand or 20.11% compared to March 2022.

What is the total revenue for UMC in the first quarter of 2023?

In the first quarter of 2023, UMC's total revenue was NT$54,209,447 thousand.

How does UMC's first quarter revenue compare year-over-year?

UMC's first quarter revenue decreased by NT$9,213,373 thousand or 14.53% from the previous year.

United Microelectronic Corp.

NYSE:UMC

UMC Rankings

UMC Latest News

UMC Stock Data

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