Welcome to our dedicated page for United Microelec news (Ticker: UMC), a resource for investors and traders seeking the latest updates and insights on United Microelec stock.
United Microelectronics Corporation (UMC) (NYSE: UMC; TWSE: 2303) is a global semiconductor foundry that regularly publishes detailed operational and financial updates, making its news flow highly relevant to investors and industry observers. As a manufacturer of integrated circuits focused on logic and specialty technologies, UMC issues frequent announcements on monthly sales, quarterly results, technology milestones, and strategic collaborations.
News for UMC commonly includes monthly revenue reports that summarize unaudited net sales, often presented with year-over-year comparisons and cumulative figures for the year. The company also releases quarterly earnings updates that cover revenue, margins, capacity utilization, wafer shipments, cash flow, and regional and application-based revenue breakdowns. These disclosures provide insight into demand trends across communication, consumer, computer, and other end markets, as well as the mix of technology geometries and customer types such as fabless companies and IDMs.
UMC’s news stream also highlights technology and product platform developments, such as the introduction of its 55nm BCD platform for power management ICs and the expansion of its silicon photonics roadmap through a licensing agreement with imec. In addition, the company reports on partnerships and manufacturing initiatives, including memoranda of understanding to support onshore semiconductor production and strengthen supply chain resilience.
By following UMC news, readers can track how the foundry’s capacity, technology portfolio, and application mix evolve over time. Stock Titan’s UMC news page brings these updates together so that investors and analysts can review sales trends, technology announcements, and regional developments in one place.
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.
United Microelectronics (UMC) has released its unaudited sales figures for November 2024. The company reported revenues of NT$20,049,182,000 for November 2024, marking a 6.71% increase compared to the same month in 2023 (NT$18,787,670,000). For the January-November 2024 period, UMC's cumulative revenue reached NT$213,336,766,000, showing a 3.79% year-over-year growth from NT$205,553,774,000 in the same period of 2023.
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.
UMC reported Q3 2024 revenue of NT$60.49 billion (US$1.91 billion), up 6.5% QoQ. Net income reached NT$14.47 billion (US$457 million), increasing 5% sequentially. 22/28nm shipments hit record levels, contributing 35% of wafer revenue. Gross margin was 33.8% with capacity utilization at 71%. The company's specialty portfolio reached a record high, accounting for 53.1% of total sales. For Q4 2024, UMC expects wafer shipments to remain flat with utilization in the high-60% range and gross margin close to 30%. The company maintains its 2024 CAPEX budget at US$3.0 billion.
United Microelectronics (NYSE: UMC; TWSE: 2303) has released its unaudited net sales report for September 2024. The company's revenue for the month stood at NT$18,942,714,000, showing a slight decrease of 0.58% compared to the same month in 2023. However, for the period from January to September 2024, UMC reported total revenues of NT$171,916,474,000, representing a 2.59% increase year-over-year. This indicates a positive trend in the company's overall performance for the first nine months of 2024 despite the minor setback in September.
United Microelectronics (UMC) has signed a Memorandum of Understanding (MOU) with Ngee Ann Polytechnic (NP) to enhance training for engineering talents and expand the workforce for the growing semiconductor industry. UMC will contribute to course design for the microelectronics specialisation of the Diploma in Electronic & Computer Engineering offered by NP.
The collaboration aims to bring industry perspective to help students better prepare for future careers in the semiconductor field. UMC and NP are also exploring the development of semiconductor work-study programs for recent graduates and continuing education training courses for working professionals.
UMC is currently expanding its existing site (Fab 12i) in Pasir Ris Wafer Fab Park. The new greenfield fab is set to begin production in 2026 and is expected to create a significant number of skilled engineering jobs. Fab 12i plays a critical role in satisfying demand from UMC's global customer base, accounting for approximately 14% of total capacity.
United Microelectronics (NYSE: UMC; TWSE: 2303) has reported its unaudited net sales for August 2024. The company's revenue for the month reached NT$20,645,494,000, marking a significant 8.94% year-over-year increase from August 2023. For the period from January to August 2024, UMC's cumulative revenue stood at NT$152,973,760,000, representing a 3.00% year-over-year growth. These figures demonstrate UMC's continued sales momentum and positive performance in the semiconductor industry.
United Microelectronics (UMC) has released its unaudited net sales report for July 2024. The company, listed on both NYSE and TWSE, reported significant growth in its monthly revenue. July 2024 sales reached NT$20,896,877,000, marking a 9.61% increase compared to the same month in 2023. The year-to-date figures from January to July 2024 also show positive momentum, with total revenues of NT$132,328,266,000, representing a 2.13% year-over-year growth. This performance indicates UMC's continued strength in the semiconductor industry and its ability to capitalize on market demand.
United Microelectronics (UMC) reported its Q2 2024 results, showing improved performance compared to Q1. Revenue increased 4.0% QoQ to NT$56.80 billion, with gross margin reaching 35.2%. Net income rose 31.8% to NT$13.79 billion, resulting in earnings per share of NT$1.11. Key highlights include:
- Wafer shipments increased 2.6% QoQ
- Fab utilization improved to 68%
- 22/28nm revenue contribution rose to 33%
- Q3 outlook: Wafer shipments to increase mid-single digit %, ASP to remain firm
- 2024 CAPEX budget set at US$3.3 billion
UMC saw notable demand momentum in the consumer segment and expects further improvement in end market dynamics for Q3, particularly in communication and computing segments.