United Microelec Stock Price, News & Analysis

UMC (United Microelectronics ) has officially unveiled its new semiconductor fab facility in Singapore's Pasir Ris Wafer Fab Park. The facility will commence volume production in 2026, boosting UMC's Singapore production capacity to over 1 million wafers annually.

The expansion represents a US$5 billion investment for the first phase, which will achieve a capacity of 30,000 wafers per month. The facility will feature 22nm and 28nm manufacturing solutions - the most advanced foundry processes in Singapore's semiconductor sector - focusing on premium smartphone display chips, IoT device memory chips, and next-generation connectivity chips.

The project will create approximately 700 new jobs locally, including process, equipment, and R&D engineers. The facility, built to Green Mark GoldPlus certification standards, includes 17,949 square meters of solar panels, supporting UMC's goal of 100% renewable energy usage by 2050.

United Microelectronics (NYSE: UMC) has released its unaudited net sales report for February 2025. The company disclosed its monthly revenue figures through an announcement made in Taipei, Taiwan.

United Microelectronics (NYSE: UMC) has released its unaudited sales figures for January 2025. The company reported revenues of NT$19,806,795,000 for January 2025, representing a 4.17% increase compared to NT$19,013,697,000 in January 2024. The year-over-year growth amounts to an absolute increase of NT$793,098,000 in sales.

UMC reported Q4 2024 revenue of NT$60.39 billion (US$1.84 billion), a 0.2% decrease QoQ but 9.9% increase YoY. The company achieved a gross margin of 30.4% and operating margin of 19.8%. Net income was NT$8.50 billion with EPS of NT$0.68.

The company's 22/28nm technology remained the largest contributor at 34% of wafer revenue, with 22nm revenue growing 15% in 2024. Capacity utilization rate was 70%, with wafer shipments increasing 1.5% QoQ to 909K.

For full year 2024, revenue grew 4.4% YoY to NT$232.30 billion. The company announced its 2025 CAPEX budget at US$1.8 billion, down from US$2.9 billion in 2024. Looking ahead to Q1 2025, UMC expects wafer shipments to remain flat, with ASP decreasing by mid-single digit percentage and gross margin projected to be higher than 25%.

UMC's Fab 12A in Tainan, Taiwan has been selected for the World Economic Forum's Global Lighthouse Network, becoming the first semiconductor foundry globally to achieve this status. The facility is among 17 new sites joining the network of 189 manufacturing leaders recognized for their advanced use of Fourth Industrial Revolution (4IR) technologies.

The fab has implemented over 48 4IR solutions, with 95% developed in-house, leading to significant improvements: 57% reduction in design kit delivery time, 97% product yields, and 47% increase in workforce efficiency. These solutions include AI-enabled platforms, machine learning tools, and an intelligent Automated Material Handling System (AMHS) managing 3,000 pieces of equipment and 68 million possible wafer routes.

UMC's smart manufacturing division, established in 2017, chose Fab 12A as its pilot site for digital transformation initiatives, which are now being implemented across other UMC facilities.

United Microelectronics (NYSE: UMC) has released its unaudited sales figures for December 2024. The company reported revenues of NT$18.97 billion for December 2024, marking an 11.70% increase compared to December 2023's NT$16.98 billion.

For the full year 2024, UMC achieved total revenues of NT$232.30 billion, representing a 4.39% year-over-year growth from 2023's NT$222.53 billion.

United Microelectronics (UMC) has signed a landmark 30-year Corporate Power Purchase Agreement (CPPA) with Fengmiao I Offshore Wind Farm, developed by Copenhagen Infrastructure Partners. The agreement involves purchasing over 30 billion kilowatt-hours of power, marking UMC's largest renewable energy transaction to date.

This strategic move aligns with UMC's environmental goals, including achieving 50% renewable energy use by 2030 and 100% renewable energy by 2050. The company has already made significant progress, achieving a 26% reduction in scope 1 and scope 2 greenhouse gas emissions from 2020 base levels in 2023, surpassing its original 2030 target. As a result, UMC has revised its 2030 emission reduction target from 25% to a more ambitious 42%.

UMC has been selected for inclusion in the Dow Jones Sustainability Indices (DJSI) World Index for the 17th consecutive year and received an 'AA' rating from MSCI ESG Ratings. The semiconductor foundry ranked top among 356 peers in the Semiconductors & Semiconductor Equipment sector worldwide.

Key achievements include:

• 26% reduction in scope 1 and 2 greenhouse gas emissions from 2020 levels
• New pledge for 42% emission reduction by 2030
• Internal carbon price set at US$100 per ton
• Six out of 9 board seats held by independent directors
• One-third of board seats held by female directors
• Over 600 students enrolled in semiconductor courses through university partnerships

The company has implemented various initiatives including stock ownership policies for executives, ESG-linked compensation systems, and employee stock ownership plans with subsidies for Taiwan staff.

UMC held its Low-Carbon Supply Chain Awards Ceremony, recognizing 16 suppliers for their greenhouse gas emissions reduction performance. Through the Supply Chain Greenhouse Gas Inventory Initiative launched in 2022, UMC's supplier sites have achieved a total reduction of 2.64 million tons of emissions. The company aims for a 20% reduction in supply chain emissions by 2030.

The initiative, which follows UMC's 2017 Triple R League program, has helped over 300 suppliers complete their greenhouse gas emissions inventory. The company awarded various suppliers across different categories, including the Carbon Reduction Leadership Award, Excellent Carbon Reduction Award, Distinguished Carbon Reduction Award, and Carbon Reduction Recognition Award.