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United Microelectronics Corporation (UMC) reported unaudited net sales for June 2023, showing a decrease of 23.24% compared to the same period last year. Revenues for the first half of 2023 also decreased by 18.43% compared to the previous year.
Positive
UMC's net sales for June 2023 decreased by 23.24% compared to the same period last year, indicating a potential negative impact on the stock price.
Revenues for the first half of 2023 decreased by 18.43% compared to the previous year, which could negatively affect the stock price.
Negative
None.
TAIPEI, Taiwan--(BUSINESS WIRE)--
United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of June 2023.
Revenues for June 2023
Period
2023
2022
Y/Y Change
Y/Y (%)
June
19,056,484
24,825,649
-5,769,165
-23.24%
Jan.-June
110,505,855
135,477,960
-24,972,105
-18.43%
(*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages.
(**) All figures are consolidated
Additional information about UMC is available on the web at https://www.umc.com.
umc (nyse: umc, twse: 2303) is a leading global semiconductor foundry that provides advanced technology and manufacturing for applications spanning every major sector of the ic industry. umc’s robust foundry solutions allow chip designers to leverage the company’s leading-edge processes, which include 28nm poly-sion and gate-last high-k/metal gate technology, mixed signal/rfcmos, and a wide range of specialty technologies to enable specialized applications such as iot and wearable, sensing, mems, automotive, pmic and cis. production is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs; fab 12a in taiwan and singapore-based fab 12i. fab 12a consists of phases 1-4 which are in production for customer products down to 28nm. construction has been completed for phases 5&6, with future plans for phases 7&8. umc’s total manufacturing capacity exceeds 500,000 8-inch equivalent wafers per month, providing ample supply for our global customer base. the comp
