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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.
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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.
Infineon Technologies AG and United Microelectronics Corporation (UMC) have entered a long-term strategic cooperation agreement aimed at increasing production capacity for automotive microcontrollers, essential for the expanding automotive market. This agreement emphasizes manufacturing at UMC's Singapore facility using Infineon’s eNVM technology, with an expected production increase to nearly one million microcontrollers daily. Both companies anticipate sustained demand for automotive semiconductors, as UMC's shipments have tripled since 2019. This partnership could solidify their positions in the automotive and AIoT sectors.
United Microelectronics Corporation (UMC) reported unaudited net sales for February 2023, revealing significant year-over-year declines. February revenues totaled NT$16,931,079, down 18.64% from NT$20,809,602 in February 2022. Cumulatively, net sales for January and February 2023 reached NT$36,520,594, marking an 11.53% decrease from NT$41,282,368 in the same period last year. This decline highlights ongoing challenges in the semiconductor market that may affect UMC's performance in the coming months.
United Microelectronics Corporation (UMC) has launched its enhanced 28eHV+ platform, improving its 28nm embedded high voltage technology.
With a 15% reduction in power consumption while maintaining image quality, this solution targets next-generation displays for smartphones, AR, and IoT devices.
UMC dominates the 28nm small-panel display driver IC market with over 85% share, having shipped over 400 million units since 2020. Production of the 28eHV+ is set to commence in 1H 2023, reflecting UMC's commitment to advancing display technologies.