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United Micro Electronics - UMC STOCK NEWS

Welcome to our dedicated news page for United Micro Electronics (Ticker: UMC), a resource for investors and traders seeking the latest updates and insights on United Micro Electronics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United Micro Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United Micro Electronics's position in the market.

News
UMC Reports Sales for March 2024
Rhea-AI Summary
United Microelectronics (UMC) reported unaudited net sales for March 2024, showing a 2.70% increase year-over-year. The revenues for the period from January to March 2024 also saw a 0.78% rise compared to the same period in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
none
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News
UMC Reports Sales for February 2024
Rhea-AI Summary
United Microelectronics Corporation (UMC) reports unaudited net sales for February 2024 with a 3.07% year-over-year increase. However, the January-February period shows a slight decrease of 0.15% compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
none
-
News
UMC Reports Sales for January 2024
Rhea-AI Summary
United Microelectronics Corporation (UMC) reported unaudited net sales for January 2024, showing a Y/Y change of -2.94% compared to January 2023. The revenues for the period were 19,013,697 NT$.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
News
UMC Reports Fourth Quarter 2023 Results
Rhea-AI Summary
United Microelectronics Corporation (UMC) reported a full-year 2023 EPS of NT$4.93 with a 22/28nm contribution in Q4 reaching 36%. Revenue was NT$54.96 billion, a 3.7% QoQ decrease. Gross margin was 32.4%, and net income was NT$13.20 billion. UMC's 22/28nm represented 36% of Q4 wafer revenue, reflecting record-high revenue and percentage of wafer sales. Overall, 2023 showed UMC's resilience in a challenging external environment, with a strong financial performance and structural profitability. However, the company anticipates mild wafer demand in Q1 2024, and the utilization rate slightly fell to 66% in Q4. UMC's 12nm FinFET collaboration is expected to broaden the addressable market and accelerate the development roadmap. The company also invested in circular economy initiatives and received recognition for ESG contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
earnings
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News
Intel and UMC Announce New Foundry Collaboration
Rhea-AI Summary
Intel Corp. and United Microelectronics Corp. announced a collaboration to develop a 12-nanometer semiconductor process platform targeting high-growth markets. The collaboration aims to bring together Intel's at-scale U.S. manufacturing capacity and UMC's extensive foundry experience to enable an expanded process portfolio. The deal broadens customer access to a geographically diverse semiconductor supply chain and accelerates UMC's development roadmap. Production of the 12 nm process is expected to begin in 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
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News
UMC Reports Sales for December 2023
Rhea-AI Summary
United Microelectronics Corporation (UMC) reported unaudited net sales for December 2023, with a year-over-year decrease of 18.94%. For the full year 2023, the company's revenues declined by 20.15%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
none
News
UMC Recognized for ESG Strength With DJSI World & Emerging Markets Index and MSCI-ESG AA Rating
Rhea-AI Summary
United Microelectronics Corporation (UMC) (NYSE: UMC; TWSE: 2303) achieved its 16th consecutive year in the Dow Jones Sustainability Indices (DJSI), obtaining the top ranking among semiconductor foundry peers and an AA rating in the MSCI ESG Ratings. The company continues to excel in sustainable management, with high scores in environmental, social, and governance dimensions, positioning UMC as a leader in corporate sustainability and ESG initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
acquisition
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News
UMC Reports Sales for November 2023
Rhea-AI Summary
United Microelectronics Corporation (UMC) reported unaudited net sales for November 2023. Revenues for November 2023 were NT$18,787,670, showing a 16.67% decrease from November 2022. For the period of January to November 2023, revenues were NT$205,553,774, indicating a 20.25% decrease from the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
-
News
UMC Reports Sales for October 2023
Rhea-AI Summary
United Microelectronics Corporation (UMC) reported unaudited net sales for October 2023. Sales for the month were NT$19,191,382, a decrease of 21.17% compared to October 2022. From January to October 2023, sales were NT$186,766,104, a decrease of 20.60% compared to the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
News
UMC Launches W2W 3D IC Project with Partners, Targeting Growth in Edge AI
Rhea-AI Summary
United Microelectronics Corporation (UMC) has initiated the W2W (wafer-to-wafer) 3D IC project in collaboration with partners Winbond, Faraday, ASE, and Cadence. The project aims to provide an end-to-end solution for integrating memory and processor with silicon stacking technology, targeting edge AI applications. The platform is expected to be ready in 2024 and will resolve various integration challenges. Each member brings their expertise to the project, with UMC focusing on wafer manufacturing and hybrid bonding technology, Winbond introducing Customized Ultra-Bandwidth Elements (CUBE) architecture, Faraday providing turnkey services for 3D advanced packaging, ASE offering die sawing, packaging, and testing services, and Cadence contributing to wafer-to-wafer design flow and certification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
partnership AI
Stock UMC logo
United Micro Electronics

NYSE:UMC

UMC Rankings

#530 Ranked by Market Cap
#941 Ranked by Stock Gains
#353 Ranked by Dividends

UMC Stock Data

20.47B
11.46B
5.29%
2.48%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
Taiwan
Hsinchu

About UMC

umc (nyse: umc, twse: 2303) is a leading global semiconductor foundry that provides advanced technology and manufacturing for applications spanning every major sector of the ic industry. umc’s robust foundry solutions allow chip designers to leverage the company’s leading-edge processes, which include 28nm poly-sion and gate-last high-k/metal gate technology, mixed signal/rfcmos, and a wide range of specialty technologies to enable specialized applications such as iot and wearable, sensing, mems, automotive, pmic and cis. production is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs; fab 12a in taiwan and singapore-based fab 12i. fab 12a consists of phases 1-4 which are in production for customer products down to 28nm. construction has been completed for phases 5&6, with future plans for phases 7&8. umc’s total manufacturing capacity exceeds 500,000 8-inch equivalent wafers per month, providing ample supply for our global customer base. the comp