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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.
United Microelectronics Corporation (NYSE: UMC) reported net sales of NT$19,589,515 for January 2023, representing a 4.31% year-over-year decline from NT$20,472,766 in January 2022.
This decline resulted in a decrease of NT$883,251 compared to the previous year. The company's performance in January continued a trend of decreasing sales, prompting scrutiny regarding future growth potential.
All figures are presented in thousands of New Taiwan Dollars (NT$) and are consolidated.
United Microelectronics Corporation (UMC) and Cadence Design Systems have certified the Cadence 3D-IC reference flow for UMC’s advanced chip stacking technologies. This collaboration aims to streamline the design process for edge AI, image processing, and wireless communication applications, enhancing performance while minimizing costs. The new certification supports UMC’s wafer-on-wafer stacking, demonstrating integration across various technology nodes. Cadence's Integrity 3D-IC platform will facilitate design planning, implementation, and system-level analysis, significantly accelerating the time to market for mutual customers. This partnership responds to increasing demands for 3D-IC solutions in an evolving semiconductor landscape.
United Microelectronics Corporation (UMC) reported a fourth quarter 2022 revenue of NT$67.84 billion, down 10% QoQ but up 14.8% YoY. Gross margin was 42.9%, while net income attributable to shareholders was NT$19.1 billion. Despite robust annual performance with 2022 revenues hitting NT$278.7 billion, UMC faced challenges due to a semiconductor industry slowdown, leading to a 14.8% decline in wafer shipments QoQ. The automotive revenue surged 82% YoY, making it a vital growth area for 2023. UMC plans to implement cost control measures in response to the soft global economic outlook, expecting weak demand to persist in early 2023.
United Microelectronics Corporation (UMC) reported a 3.29% year-over-year increase in December 2022 revenues, totaling NT$20,946 million, compared to NT$20,280 million in December 2021.
For the full year 2022, UMC’s revenues reached NT$278,705 million, a significant 30.84% increase from NT$213,011 million in 2021. This notable growth indicates a robust demand in the semiconductor sector, solidifying UMC's market position.
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United Microelectronics Corporation (NYSE: UMC) announced its unaudited net sales for November 2022, reporting revenues of NT$22,545,442, a 14.67% increase from NT$19,661,423 in November 2021. For the period of January to November 2022, total revenues reached NT$257,759,255, marking a 33.74% rise compared to NT$192,731,438 during the same period in 2021. This reflects an increase of NT$65,027,817 year-over-year.
Cadence Design Systems (CDNS) and United Microelectronics Corporation (UMC) have announced successful customer adoption of their certified mmWave reference flow. Notably, Gear Radio Electronics achieved a first-pass silicon-accurate design for a low noise amplifier IC using UMC's 28HPC+ process technology and the Cadence RF solution. Their collaboration has resulted in faster turnaround times and improved design accuracy, supporting applications up to 110GHz. This initiative enhances RF design capabilities and exemplifies the effectiveness of their combined technology.
UMC (NYSE: UMC) has launched the Supply Chain Greenhouse Gas (GHG) Inventory Initiative to cut supply chain emissions by 20% by 2030. Unveiled during its annual supplier summit, the initiative will assist 500 suppliers in managing their emissions through a new GHG inventory platform. UMC plans to invest approximately NT$100 million (US$3.1 million) to support suppliers in setting reduction targets. The initiative follows UMC's previous success in reducing 409,000 tons of CO2 equivalent from 2017 to 2020.
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.