STOCK TITAN

United Microelectronic (UMC) Stock News, Jan-Feb 2021

UMC NYSE

United Microelectronics Corporation reports recurring developments in semiconductor foundry operations, including monthly consolidated sales, quarterly operating results, wafer shipment trends, gross margin, and demand across communications, computer, consumer, industrial, and other chip end markets. Company updates also cover technology-node traction such as 22nm revenue contribution and capacity activity across 8-inch and 12-inch wafer portfolios.

UMC news also includes manufacturing partnerships tied to advanced photonics and compound semiconductor production. Through Wavetek Microelectronics, a wholly owned subsidiary, the company supports foundry production for technologies such as thin-film lithium niobate, gallium nitride, and gallium arsenide used in optical interconnects, RF, power electronics, and AI data-center applications.

News
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
Tags
none
-
News
Rhea-AI Summary

United Microelectronics Corporation (UMC) reported a consolidated revenue of NT$45.30 billion for Q4 2020, marking a 8.2% increase year-over-year. The company achieved a gross margin of 23.9% and net income of NT$11.20 billion, with EPS at NT$0.92. For 2020, UMC's revenue grew 26% in USD, driven by robust demand in consumer and computing applications. Looking ahead, UMC anticipates stable wafer shipments and a budgeted capital expenditure of US$1.5 billion for 2021 to meet strong demand.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.96%
Tags

FAQ

What is the current stock price of United Microelectronic (UMC)?

United Microelectronic (UMC) last closed at $16.40.

What is the market cap of United Microelectronic (UMC)?

The market cap of United Microelectronic (UMC) is approximately $41.1B.