United Microelec Stock Price, News & Analysis

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for June 2021, achieving revenues of NT$17.34 billion, marking an increase of NT$2.76 billion or 18.89% year-over-year compared to NT$14.58 billion in June 2020. For the first half of 2021, total revenues reached NT$98.00 billion, up NT$11.35 billion or 13.10% from NT$86.65 billion in the same period last year. These results indicate strong financial performance and growth for the company amid a competitive market.

United Microelectronics Corporation (NYSE: UMC) has pledged to achieve net zero carbon emissions by 2050, becoming the first semiconductor foundry to do so. This commitment aligns with the Paris Climate Agreement, aiming to limit global warming to 1.5°C. UMC also joined RE100, vowing to utilize 100% renewable energy by 2050, targeting 15% by 2025 and 30% by 2030. Collaborating with over 500 suppliers, UMC aims for a 20% reduction in carbon emissions and increasing renewable energy usage to 20% in its supply chain by 2030.

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for April 2021, showing a monthly revenue of NT$16,382,058, an increase of NT$1,322,869 or 8.78% year-over-year compared to NT$15,059,189 in April 2020. For the first four months of 2021, total revenues reached NT$63,479,070, reflecting a rise of NT$6,152,034 or 10.73% from NT$57,327,036 in the same period of 2020. All figures are in thousands of New Taiwan Dollars (NT$) and are consolidated.

United Microelectronics Corporation (NYSE: UMC) has filed its 2020 annual report on Form 20-F with the US Securities and Exchange Commission. Shareholders can access the report online or request a hard copy for free. UMC is a leading semiconductor foundry, specializing in high-quality integrated circuit production. The company operates 12 fabs across Asia, with a capacity exceeding 750,000 8-inch equivalent wafers monthly and employs around 19,500 personnel globally. UMC emphasizes the importance of market conditions and technological risks in its forward-looking statements.

United Microelectronics Corporation (UMC) reported robust Q1 2021 results with consolidated revenue of NT$47.10 billion, up 4.0% QoQ and 11.4% YoY. The gross margin improved to 26.5%, with a net income of NT$10.43 billion, translating to earnings per share of NT$0.85. Wafer shipments reached 2.37 million, fully utilizing capacity. The company plans a significant NT$100 billion investment to expand capacity at Fab 12A, aiming for production in Q2 2023, further solidifying its market position in 28nm and 22nm technologies.

United Microelectronics Corporation (NYSE: UMC) plans to expand its 300mm Fab 12A Phase 6 in Tainan, Taiwan, with a total investment of NT$100 billion. This expansion will facilitate long-term chip supply through customer collaborations, aiming for production in Q2 2023. The project will enhance UMC's capacity by adding 27.5K 300mm wafers per month, marking a significant growth opportunity. UMC's investments in Tainan will reach approximately NT$150 billion over three years, reinforcing its competitive position in the semiconductor market.

United Microelectronics Corporation (UMC) reported unaudited net sales for March 2021, with revenues reaching NT$16,619,555, marking a year-over-year increase of NT$2,049,147 or 14.06%. For the first quarter of 2021, total revenues stood at NT$47,097,012, an increase of NT$4,829,165 or 11.43% compared to the same period in 2020. These results reflect UMC's solid growth trajectory and a strong demand in the semiconductor industry.

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for February 2021, showing continued growth. The company's revenues reached NT$14,947,898, a 9.86% increase compared to NT$13,606,421 in February 2020. For the January-February period, total revenues stood at NT$30,477,457, up 10.04% from NT$27,697,439 in the same timeframe last year. This growth highlights UMC's solid performance in a challenging market.

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for January 2021, achieving revenues of NT$15,529,559, comparing favorably to NT$14,091,018 in January 2020. This marks a year-over-year increase of NT$1,438,541, or 10.21%. Consolidated figures have been provided, emphasizing UMC's growth trajectory in the semiconductor industry.