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UMC Reports Sales for October 2024

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United Microelectronics (NYSE: UMC) reported its October 2024 unaudited net sales figures. The company achieved revenues of NT$21,371,110 thousand for October 2024, representing an 11.36% increase compared to the same month in 2023. For the period from January to October 2024, UMC's cumulative revenue reached NT$193,287,584 thousand, showing a 3.49% year-over-year growth from the corresponding period in 2023.

United Microelectronics (NYSE: UMC) ha riportato i dati non auditati delle vendite nette di ottobre 2024. L'azienda ha raggiunto un fatturato di NT$21.371.110.000 per ottobre 2024, con un increase del 11,36% rispetto allo stesso mese del 2023. Per il periodo da gennaio a ottobre 2024, il fatturato cumulativo di UMC ha raggiunto NT$193.287.584.000, mostrando una crescita del 3,49% anno su anno rispetto allo stesso periodo del 2023.

United Microelectronics (NYSE: UMC) informó sus cifras de ventas netas no auditadas de octubre de 2024. La compañía logró ingresos de NT$21.371.110 mil para octubre de 2024, lo que representa un aumento del 11,36% en comparación con el mismo mes de 2023. Para el período de enero a octubre de 2024, los ingresos acumulados de UMC alcanzaron NT$193.287.584 mil, mostrando un crecimiento del 3,49% interanual respecto al mismo período de 2023.

유나이티드 마이크로일렉트로닉스 (NYSE: UMC)가 2024년 10월의 감사되지 않은 순매출 수치를 발표했습니다. 회사는 2024년 10월에 NT$21,371,110천의 수익을 달성했으며, 이는 2023년 같은 달에 비해 11.36% 증가한 수치입니다. 2024년 1월부터 10월까지의 기간 동안 UMC의 누적 수익은 NT$193,287,584천에 이르러, 2023년 같은 기간에 비해 3.49%의 연간 성장률을 보였습니다.

United Microelectronics (NYSE: UMC) a annoncé ses chiffres de ventes nettes non auditées pour octobre 2024. L'entreprise a réalisé des revenus de NT$21.371.110 mille pour octobre 2024, représentant une augmentation de 11,36% par rapport au même mois de 2023. Pour la période de janvier à octobre 2024, le chiffre d'affaires cumulé de UMC a atteint NT$193.287.584 mille, affichant une croissance de 3,49% d'une année sur l'autre par rapport à la période correspondante en 2023.

United Microelectronics (NYSE: UMC) berichtete über seine nicht testierten Nettoumsatzahlen für Oktober 2024. Das Unternehmen erzielte einen Umsatz von NT$21.371.110.000 im Oktober 2024, was einem Wachstum von 11,36% im Vergleich zum gleichen Monat 2023 entspricht. Für den Zeitraum von Januar bis Oktober 2024 erreichte UMC einen kumulierten Umsatz von NT$193.287.584.000, was ein 3,49% jährliches Wachstum im Vergleich zum entsprechenden Zeitraum 2023 zeigt.

Positive
  • October 2024 revenue increased 11.36% year-over-year
  • Year-to-date revenue up 3.49% compared to 2023
  • Monthly revenue reached NT$21.37 billion
Negative
  • None.

Insights

UMC's October revenue performance shows notable strength with an 11.36% year-over-year growth, reaching NT$21.37 billion. The year-to-date revenue growth of 3.49% through October, totaling NT$193.29 billion, indicates resilience in the semiconductor foundry business despite market headwinds. This monthly performance suggests potential inventory normalization and improving demand in the semiconductor sector. The double-digit growth in October is particularly significant as it comes against the backdrop of a challenging year for the semiconductor industry, potentially signaling the beginning of a recovery phase in the chip manufacturing cycle.

TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”) today reported unaudited net sales for the month of October 2024.

Revenues for October 2024

Period

2024

2023

Y/Y Change

Y/Y (%)

October

21,371,110

19,191,382

2,179,728

11.36%

Jan.-Oct.

193,287,584

186,766,104

6,521,480

3.49%

(*) 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 was UMC's revenue growth in October 2024?

UMC reported an 11.36% year-over-year revenue growth in October 2024, reaching NT$21,371,110 thousand.

How much revenue did UMC generate from January to October 2024?

UMC generated NT$193,287,584 thousand in revenue from January to October 2024, representing a 3.49% increase compared to the same period in 2023.

What was UMC's year-over-year revenue growth for the first ten months of 2024?

UMC's revenue for the first ten months of 2024 grew by 3.49% compared to the same period in 2023.

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