United Microelec Stock Price, News & Analysis

United Microelectronics Corporation (NYSE: UMC) reported net sales of NT$24,344,264 thousand for October 2022, marking a 27.07% increase from NT$19,158,585 thousand in October 2021. Year-to-date revenues from January to October 2022 reached NT$235,213,813 thousand, reflecting a 35.91% growth compared to NT$173,070,015 thousand in the same period last year. These results indicate strong performance in the semiconductor market and highlight UMC's growing presence.

United Microelectronics Corporation (UMC) reported impressive financial results for 3Q22, with revenues reaching NT$75.39 billion (US$2.38 billion), a 4.6% increase QoQ and a 34.9% rise YoY. The gross margin stood at 47.3%, while net income attributable to shareholders was NT$27 billion (US$851 million), translating to NT$2.19 earnings per share. The company noted a 100%+ capacity utilization rate and that 25% of revenue came from 22/28nm technologies. However, executives warned of potential demand weakness due to inflationary pressures and market corrections.

United Microelectronics Corporation (UMC) was awarded the title of “Best Silicon Foundry (CMOS)” by Infineon Technologies AG during the 2022 Global Supplier Day in Kuala Lumpur on October 13. This recognition highlights UMC's commitment to excellence in manufacturing and support for customers amid supply chain challenges. UMC has maintained a strong partnership with Infineon for over 20 years, focusing on high-quality IC fabrication services and technologies relevant to the automotive sector and emerging markets like 5G and AIoT.

United Microelectronics Corporation (NYSE: UMC) announced its unaudited net sales for September 2022, reporting revenues of NT$25,218,828,000. This reflects a significant increase of 34.5% from September 2021, when revenues were NT$18,750,564,000. For the period of January to September 2022, total revenues reached NT$210,869,549,000, marking a 37.01% year-over-year growth from NT$153,911,430,000 in the same period last year.

UMC has partnered with Avalanche Technology to launch its new High-Reliability Persistent SRAM (P-SRAM) memory devices using UMC's 22nm process technology. This product utilizes Avalanche's third-generation STT-MRAM technology, promoting enhanced density, reliability, and power efficiency. The devices feature over 10¹⁴ write cycle endurance and a 1,000-year data retention period, catering to applications that demand high durability without external batteries. UMC is positioned to capitalize on increasing demand for robust memory solutions.

United Microelectronics Corporation (UMC) reported unaudited net sales for August 2022, showcasing significant growth. Revenue for the month reached NT$25,346.1 million, up 34.89% from NT$18,790.0 million in August 2021. Year-to-date sales from January to August 2022 totaled NT$185,650.7 million, marking a 37.36% increase compared to NT$135,160.9 million for the same period in 2021. These results highlight UMC's strong market position and robust demand for its semiconductor products.

United Microelectronics Corporation (UMC) and Cadence Design Systems (CDNS) announced the certification of Cadence's analog/mixed-signal IC design flow for UMC's 22ULP/ULL process technologies. This collaboration enhances process efficiency and shortens design cycles for applications in 5G, IoT, and displays. UMC's 22nm technology focuses on ultra-low power and leakage, providing customers with a balance of cost and performance. The certified flow includes tools like the Virtuoso design platform and Spectre AMS Designer, aimed at boosting design efficiency.

United Microelectronics Corporation (UMC) reported a significant increase in net sales for July 2022, achieving revenues of NT$24.83 billion, a 35.18% year-over-year rise from NT$18.37 billion in July 2021. For the January to July period, UMC's revenues totaled NT$160.30 billion, marking a 37.75% increase year-over-year compared to NT$116.37 billion in the same timeframe of 2021, representing an absolute growth of NT$43.93 billion. All figures are consolidated and expressed in thousands of New Taiwan Dollars.

United Microelectronics Corporation (UMC) reported robust Q2 2022 results, with revenue rising 13.6% QoQ to NT$72.06 billion (US$2.43 billion) and a 41.5% YoY increase. Gross margin reached 46.5%, while net income attributable to shareholders was NT$21.33 billion (US$718 million), translating to NT$1.74 per share. The company maintained over 100% capacity utilization and reported strong demand for its 22/28nm technologies, accounting for 22% of wafer revenue. UMC anticipates stable business amid potential fluctuations in consumer electronics demand and emphasizes its commitment to sustainability with validated emissions reduction targets.