United Microelec Stock Price, News & Analysis

United Microelectronics Corporation (NYSE: UMC) has achieved validation from the Science Based Targets initiative (SBTi) for its climate goals, becoming the first semiconductor foundry globally to do so. UMC aims for a 25% reduction in direct greenhouse gas emissions and a 12.3% reduction in value chain emissions by 2030, using 2020 as the base year. The company's commitment to net zero emissions by 2050 reflects over two decades of effort in combating climate change. UMC is actively investing in advanced technologies to enhance energy efficiency and is part of the RE100 initiative to increase renewable energy usage.

United Microelectronics Corporation (UMC) announced its unaudited net sales for May 2022, reporting revenues of NT$24.43 billion, a significant increase of NT$7.24 billion or 42.14% year-over-year compared to May 2021's NT$17.19 billion. For the year-to-date period from January to May 2022, UMC's total revenue reached NT$110.65 billion, reflecting a 37.17% rise from NT$80.67 billion during the same timeframe in 2021. These figures demonstrate UMC's robust growth trajectory amidst a favorable market environment.

United Microelectronics Corporation (NYSE: UMC) reported net sales for April 2022 of NT$22,796,461, reflecting a 39.16% increase compared to NT$16,382,058 in April 2021. For the first four months of 2022, total revenues reached NT$86,219,281, up 35.82% from NT$63,479,070 in the same period last year. These results highlight significant year-over-year growth, demonstrating the company's robust demand in the semiconductor sector.

United Microelectronics Corporation (NYSE: UMC) has filed its 2021 annual report on Form 20-F with the US Securities and Exchange Commission. The report highlights UMC's role as a leading semiconductor foundry, providing high-quality IC production with a focus on logic and specialty technologies. UMC operates 12 fabs across Asia, with a maximum capacity of approximately 800,000 8-inch equivalent wafers per month and employs around 20,000 people globally. Shareholders can request a hard copy of the report at no cost via UMC's Investor Relations.

United Microelectronics Corporation (UMC) reported impressive Q1 2022 results with a revenue of NT$63.42 billion, up 34.7% YoY. Gross margin stood at 43.4%, and net income attributable to shareholders reached NT$19.81 billion, translating to an EPS of NT$1.61. UMC's full-capacity utilization, despite slight wafer shipment declines, reflects strong demand. The company is expanding its Singapore facility to meet heightened demand for 22/28nm chips and is collaborating with DENSO for automotive power semiconductors. UMC's focus on specialty technologies is expected to bolster its market position.

United Microelectronics Corporation (UMC) and DENSO Corporation announced a collaboration to establish an insulated gate bipolar transistor (IGBT) production line at USJC, a UMC subsidiary in Japan. This initiative aims to meet the rising demand for power semiconductors in the automotive market, particularly for electric vehicles. The first mass production of 300mm IGBTs is set to commence in the first half of 2023, supported by Japan's Ministry of Economy, Trade and Industry. DENSO will leverage its expertise in IGBT technologies, while USJC will utilize its wafer manufacturing capabilities.

United Microelectronics Corporation (NYSE: UMC) reported its unaudited net sales for March 2022, highlighting significant growth. Total revenues for March reached NT$22.14 billion, a 33.22% increase year-over-year from NT$16.62 billion in March 2021. Cumulatively, revenues for the first quarter of 2022 were NT$63.42 billion, reflecting a 34.66% increase compared to NT$47.10 billion for the same period in 2021. This data underscores UMC's robust performance and positive trajectory in the semiconductor industry.

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales for February 2022, totaling NT$20,809,602, marking a significant increase of NT$5,861,704 or 39.21% year-over-year compared to NT$14,947,898 in February 2021. For the period of January to February 2022, total revenues reached NT$41,282,368, a rise of NT$10,804,911 or 35.45% from NT$30,477,457 during the same timeframe in 2021. All figures are reported in thousands of New Taiwan Dollars.

United Microelectronics Corporation (NYSE: UMC) plans to build a new advanced manufacturing facility (Fab12i P3) in Singapore with an initial capacity of 30,000 wafers per month starting late 2024. The US$5 billion investment aims to meet rising demand for UMC's 22/28nm technologies, driven by trends in 5G, IoT, and electric vehicles. This expansion will address the ongoing chip shortage and enhance UMC's manufacturing capabilities, supported by multi-year agreements with customers.