United Microelec Stock Price, News & Analysis

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.

United Microelectronics Corporation (NYSE: UMC) reported unaudited net sales of NT$20.47 billion for January 2022, a significant increase from NT$15.53 billion in January 2021. This marks a year-over-year growth of NT$4.94 billion, or 31.83%. The figures reflect strong demand in the semiconductor market, showcasing UMC's robust performance during this period. All revenues are consolidated and expressed in thousands of New Taiwan Dollars.

The Intellectual Property and Commercial Court in Taiwan ruled favorably for UMC in a trade secrets case, emphasizing its commitment to fair legal processes. UMC expects the prosecution to honor this ruling and the 2021 global settlement with Micron Technology, facilitating case closure. As a leading semiconductor foundry, UMC focuses on high-quality fabrication services and technological advancement, with significant capacity and a broad service offering. The company aims to enhance its position in the semiconductor market, contributing to Taiwan's economic growth.

United Microelectronics Corporation (UMC) reported a robust fourth quarter of 2021 with revenue reaching NT$59.10 billion, marking a 30.5% year-on-year growth. Net income attributable to shareholders was NT$15.95 billion, translating to EPS of NT$1.30. The company's gross margin stood at 39.1%. UMC's 28nm technology saw a significant 75% revenue increase compared to 2020, indicating strong demand from sectors like 5G and AIoT. Looking ahead, UMC anticipates continued high demand across all nodes with a 2022 CAPEX plan of US$3.0 billion to support growth initiatives.

United Microelectronics Corporation (UMC) reported impressive unaudited net sales for December 2021, totaling NT$20,279,580, marking a significant increase of NT$4,991,611 or 32.65% year-over-year from December 2020, which had revenues of NT$15,287,969. For the full year of 2021, UMC's total revenue reached NT$213,011,018, representing a growth of NT$36,190,104 or 20.47% compared to NT$176,820,914 in 2020. All figures are in thousands of New Taiwan Dollars. This strong sales growth reflects UMC's robust position in the semiconductor market.

United Microelectronics Corporation (UMC) reported a 33.52% year-over-year increase in net sales for November 2021, totaling NT$19,661,423. The year-to-date figures from January to November reached NT$192,731,438, reflecting a 19.31% increase compared to the previous year. This growth is attributed to strong demand in the semiconductor market. The revenue increase demonstrates UMC's resilience and market position amidst industry challenges.

United Microelectronics Corporation (NYSE: UMC) and Micron Technology (Nasdaq: MU) have reached a global settlement, withdrawing mutual complaints. UMC shall make a one-time payment to Micron. Both companies aim for future business collaboration. Micron, a major player in the semiconductor sector, boasts over 47,000 patents and emphasizes IP protection for competitive advantage. UMC specializes in logic and specialty semiconductor fabrication, having a capacity of nearly 800,000 wafers per month across its 12 fabs.