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 Microelec (UMC), a leading global semiconductor foundry, provides cutting-edge wafer fabrication solutions for automotive, IoT, and communications industries. This page serves as your definitive source for official UMC announcements and strategic developments.
Access real-time updates on production innovations, partnership agreements, and financial performance metrics. Investors and industry professionals will find curated information spanning process technology breakthroughs, capacity expansions, and market leadership initiatives.
Our news collection features verified reports on quarterly earnings disclosures, manufacturing facility updates, and advanced node developments. Track UMC's progress in specialty technologies like RF CMOS and high-k/metal gate processes through authenticated corporate communications.
Bookmark this page for streamlined access to UMC's operational milestones and industry analysis. Regularly updated content ensures you maintain strategic awareness of this critical semiconductor supply chain partner.
United Microelectronics Corporation (NYSE: UMC) has filed its 2022 annual report on Form 20-F with the US Securities and Exchange Commission. Shareholders can access the report online at UMC's website or request a hard copy via email at ir@umc.com.
UMC is a global semiconductor foundry that specializes in IC fabrication services. Its production capacity is approximately 850,000 8-inch equivalent wafers per month across 12 fabs, all certified with the automotive quality standard IATF 16949. The company’s R&D and manufacturing facilities are mainly located in Taiwan, along with offices in multiple regions including the US, Europe, and Asia.
United Microelectronics Corporation (NYSE: UMC) reported a 20.1% sequential decline in Q1 2023 revenue to NT$54.2 billion (US$1.78 billion), and a 14.5% year-over-year decrease. However, the company maintained a gross margin of 35.5% and a net income of NT$16.2 billion (US$532 million), resulting in earnings per share of NT$1.31. The drop in revenue was attributed to sluggish wafer demand and inventory corrections, with wafer shipments down 17.5% sequentially. Despite these challenges, automotive and industrial segments showed growth, contributing positively to UMC's financial health. UMC aims to address ongoing inventory corrections and plans to distribute a cash dividend of approximately NT$3.60 per share, emphasizing its commitment to sustainability with a NT$1.8 billion Circular Economy & Recycling Innovation Center.
United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for March 2023. The company generated revenues of NT$17,688,853 thousand, a decline of NT$4,451,599 thousand or 20.11% compared to March 2022, where revenues were NT$22,140,452 thousand. For the first quarter (January-March 2023), total revenues reached NT$54,209,447 thousand, down NT$9,213,373 thousand or 14.53% from NT$63,422,820 thousand during the same period last year. The figures highlight a significant year-over-year decrease in both monthly and quarterly revenues.
United Microelectronics Corporation (NYSE: UMC) has launched the first R&D center for waste recycling in the Southern Taiwan Science Park. The NT$1.8 billion (US$58.8 million) facility aims to significantly reduce semiconductor manufacturing waste by 15,000 metric tons annually when operational in 2025. This center will convert waste into reusable products and energy, contributing to UMC's sustainability goals. Additionally, innovative processes implemented at UMC's facilities are expected to lower carbon emissions by about 5,000 tons each year.
UMC's commitment to circular economy initiatives emphasizes resource recovery and waste minimization in its manufacturing processes.
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