United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. It operates through Wafer Fabrication and New Business segments. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
IPO Year:
Exchange: NYSE
Website: umc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | Overweight → Neutral | JP Morgan | |
| 10/28/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 10/17/2024 | Buy → Neutral | Goldman | |
| 8/1/2024 | Neutral → Buy | Goldman | |
| 4/24/2024 | Neutral → Buy | Citigroup | |
| 1/25/2024 | Reduce → Hold | HSBC Securities | |
| 1/16/2024 | Buy → Neutral | Goldman | |
| 4/27/2023 | $6.80 → $6.46 | Hold → Reduce | HSBC Securities |
| 3/15/2023 | Outperform → Buy | Daiwa Securities | |
| 2/28/2023 | Neutral → Buy | Citigroup |
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
6-K - UNITED MICROELECTRONICS CORP (0001033767) (Filer)
JP Morgan downgraded United Micro from Overweight to Neutral
Morgan Stanley downgraded United Micro from Overweight to Equal-Weight
Goldman downgraded United Micro from Buy to Neutral
Goldman upgraded United Micro from Neutral to Buy
Citigroup upgraded United Micro from Neutral to Buy
HSBC Securities upgraded United Micro from Reduce to Hold
Goldman downgraded United Micro from Buy to Neutral
HSBC Securities downgraded United Micro from Hold to Reduce and set a new price target of $6.46 from $6.80 previously
Daiwa Securities upgraded United Micro from Outperform to Buy
Citigroup upgraded United Micro from Neutral to Buy
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303)) ("UMC") today reported unaudited net sales for the month of October 2024. Revenues for October 2024 Period 2024 2023 Y/Y Change Y/Y (%) October 21,371,110 19,191,382 2,179,728 11.36% Jan.-Oct. 193,287,584 186,766,104 6,521,480 3.49% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241106670876/en/
22/28nm shipments reached record high as Q3 net income increased 5% sequentially Third Quarter 2024 Overview1: Revenue: NT$60.49 billion (US$1.91 billion) Gross margin: 33.8%; Operating margin: 23.3% Revenue from 22/28nm: 35% Capacity utilization rate: 71% Net income attributable to shareholders of the parent: NT$14.47 billion (US$457 million) Earnings per share: NT$1.16; earnings per ADS: US$0.183 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303)) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the third quarter of 2024. Third quarter consolidated revenue was NT$60.49 billion, increasing 6.5%
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of September 2024. Revenues for September 2024 Period 2024 2023 Y/Y Change Y/Y (%) September 18,942,714 19,052,938 -110,224 -0.58% Jan.-Sep. 171,916,474 167,574,722 4,341,752 2.59% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at http://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241006168731/en/
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of August 2024. Revenues for August 2024 Period 2024 2023 Y/Y Change Y/Y (%) August 20,645,494 18,952,011 1,693,483 8.94% Jan.-Aug. 152,973,760 148,521,784 4,451,976 3.00% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240905406441/en/
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of July 2024. Revenues for July 2024 Period 2024 2023 Y/Y Change Y/Y (%) July 20,896,877 19,063,918 1,832,959 9.61% Jan.-July 132,328,266 129,569,773 2,758,493 2.13% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240806497927/en/
Gross margin reached 35.2% as operating income increased 19.1% QoQ Earnings per share in 1H was NT$1.95 Second Quarter 2024 Overview1: Revenue: NT$56.80 billion (US$1.75 billion) Gross margin: 35.2%; Operating margin: 24.5% Revenue from 22/28nm: 33% Capacity utilization rate: 68% Net income attributable to shareholders of the parent: NT$13.79 billion (US$425 million) Earnings per share: NT$1.11; earnings per ADS: US$0.171 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2024. Second quarter consolidated revenue
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of June 2024. Revenues for June 2024 Period 2024 2023 Y/Y Change Y/Y (%) June 17,548,413 19,056,484 -1,508,071 -7.91% Jan.-June 111,431,389 110,505,855 925,534 0.84% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240703941975/en/
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), a leading global semiconductor foundry, today announced the availability of its 22nm embedded high voltage (eHV) technology platform, the most advanced display driver IC foundry solution in the market to power premium displays for smartphones and other mobile devices. With unmatched power efficiency and reduced die size, the new platform, 22eHV, enables mobile device manufacturers to enhance battery life of their products while offering superior visual experiences. To accommodate for the rising penetration of AMOLED displays in smartphones, UMC is the first in the industry to launch a 22nm eHV platform, which reduces co
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of May 2024. Revenues for May 2024 Period 2024 2023 Y/Y Change Y/Y (%) May 19,509,486 18,778,488 730,998 3.89% Jan.-May 93,882,976 91,449,371 2,433,605 2.66% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240605246782/en/
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of April 2024. Revenues for April 2024 Period 2024 2023 Y/Y Change Y/Y (%) April 19,741,391 18,461,436 1,279,955 6.93% Jan.-Apr. 74,373,490 72,670,883 1,702,607 2.34% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web at https://www.umc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240506642523/en/
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) and other leading Taiwanese stocks have taken a hit in the U.S. pre-market following the announcement of U.S. President Joe Biden’s withdrawal from the presidential race. What Happened: TSMC’s shares dropped 1.25% in the U.S. pre-market on Monday after a more than 3% fall in Taipei. Other Taiwanese stocks, including United Microelectronics Corp. (NYSE:UMC) and ASE Technology Holding Co., Ltd. (NYSE:ASX), also experienced a dip in the US pre-market by 1.28% and 0.73% respectively. Foxconn, a significant Nvidia AI server maker, saw its stock price plunge nearly 6% in Taiwan. The Taiex index, which had seen a nearly 28% rise t
Chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading lower Wednesday as the U.S. intensified semiconductor sanctions against China, followed by Presidential candidate Donald Trump’s attack against crucial contract chipmaker Taiwan Semiconductor Manufacturing Company (NYSE:TSM). The Biden administration is contemplating using the Foreign Direct Product Rule (FDPR), which allows it to impose controls on foreign-made products that incorporate even minimal amounts of American technology, Bloomberg reports. The U.S. has presented this possibility to officials in Tokyo and The Hague. Also Read: Nvidia’s Growth Soars Despite French Investiga
Revenues for June 2024 Period 2024 2023 Y/Y Change Y/Y (%) June 17,548,413 19,056,484 -1,508,071 -7.91% Jan.-June 111,431,389 110,505,855 925,534 0.84% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is significantly expanding its operations in response to growing demand in the AI, 5G, server, and data center markets. The company remains engaged in its geographical expansion while maintaining Taiwan as its base. Acter Group Co, a semiconductor equipment and chemicals supplier, is accelerating its overseas expansion, primarily focusing on Japan and Southeast Asia to support these demands. The expansion is a strategic response to geopolitical risks and the need for diversified manufacturing sites, Taipei Times reports. Also Read: What’s Going On With Taiwan Semi Stock On Monday? Acter Group Co-President Wang Chun-sheng emphasi
United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))))) ("UMC"), a leading global semiconductor foundry, today announced the availability of its 22nm embedded high voltage (eHV) technology platform, the most advanced display driver IC foundry solution in the market to power premium displays for smartphones and other mobile devices. With unmatched power efficiency and reduced die size, the new platform, 22eHV, enables mobile device manufacturers to enhance battery life of their products while offering superior visual experiences. To accommodate for the rising penetration of AMOLED displays in smartphones, UMC is the first in the industry to launch a 22nm eHV platform, which reduces co
United Microelectronics Corporation (NYSE:UMC) said its sales in May rose 3.89% year over year to NT$19.509 billion. Revenues for the period Jan-May gained 2.66% to NT$93.882 billion. Total revenues in May fell 1.2% from April revenues. Last month, the company unveiled the industry’s first 3D IC solution for RFSOI technology. Other significant players in the chip industry, Vanguard International Semiconductor Corporation and NXP Semiconductors N.V. (NASDAQ:NXPI) have been on the headlines on plans to spend up to $7.8 billion on a new semiconductor facility in Singapore. Read More Here: TSMC-Backed Vanguard, NXP Plan On Building $7.8B Semiconductor Facility In Singapore In 20
Revenues for May 2024 Period 2024 2023 Y/Y Change Y/Y (%) May 19,509,486 18,778,488 730,998 3.89% Jan.-May 93,882,976 91,449,371 2,433,605 2.66% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentage
Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. (NASDAQ:NXPI) plan to spend up to $7.8 billion on a new semiconductor facility in Singapore. VIS will contribute $2.4 billion, securing a 60% equity stake in the initiative. NXP will invest $1.6 billion for a 40% stake. An additional $1.9 billion from both companies will support long-term capacity. The joint venture — known as VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC) — will seek third-party funding, including loans, to cover the remaining costs. VIS will manage the fab’s operations. The new venture is set to generate around 1,500 jobs in Singapore. It will develop a 300mm semic
22/28nm shipments reached record high as Q3 net income increased 5% sequentially Third Quarter 2024 Overview1: Revenue: NT$60.49 billion (US$1.91 billion) Gross margin: 33.8%; Operating margin: 23.3% Revenue from 22/28nm: 35% Capacity utilization rate: 71% Net income attributable to shareholders of the parent: NT$14.47 billion (US$457 million) Earnings per share: NT$1.16; earnings per ADS: US$0.183 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303)) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the third quarter of 2024. Third quarter consolidated revenue was NT$60.49 billion, increasing 6.5%
Gross margin reached 35.2% as operating income increased 19.1% QoQ Earnings per share in 1H was NT$1.95 Second Quarter 2024 Overview1: Revenue: NT$56.80 billion (US$1.75 billion) Gross margin: 35.2%; Operating margin: 24.5% Revenue from 22/28nm: 33% Capacity utilization rate: 68% Net income attributable to shareholders of the parent: NT$13.79 billion (US$425 million) Earnings per share: NT$1.11; earnings per ADS: US$0.171 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2024. Second quarter consolidated revenue
1Q24 results in line with guidance with wafer shipments up 4.5% QoQ First Quarter 2024 Overview1: Revenue: NT$54.63 billion (US$1.71 billion) Gross margin: 30.9%; Operating margin: 21.4% Revenue from 22/28nm: 33% Capacity utilization rate: 65% Net income attributable to shareholders of the parent: NT$10.46 billion (US$327 million) Earnings per share: NT$0.84; earnings per ADS: US$0.131 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the first quarter of 2024. First quarter consolidated revenue was NT$54.63 billion, declining 0.6% QoQ
Company posts full-year 2023 EPS of NT$4.93; 22/28nm contribution in Q4 reaches 36% 12nm collaboration will propel long-term growth beyond 22/28nm Fourth Quarter 2023 Overview1: Revenue: NT$54.96 billion (US$1.79 billion) Gross margin: 32.4%; Operating margin: 22.6% Revenue from 22/28nm: 36% Capacity utilization rate: 66% Net income attributable to shareholders of the parent: NT$13.20 billion (US$430 million) Earnings per share: NT$1.06; earnings per ADS: US$0.173 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the fourth quarter of 202
12A P6 production ramp lifts 22/28nm revenue contribution to 32% 2023 Year to Date EPS totaled NT$3.87 Third Quarter 2023 Overview1: Revenue: NT$57.07 billion (US$1.77 billion) Gross margin: 35.9%; Operating margin: 26.8% Revenue from 22/28nm: 32% Capacity utilization rate: 67% Net income attributable to shareholders of the parent: NT$15.97 billion (US$495 million) Earnings per share: NT$1.29; earnings per ADS: US$0.200 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the third quarter of 2023. Third quarter consolidated revenue was NT
Company's differentiating specialty technologies accounted for 59% of Q2 revenue Solid 22/28nm business momentum lifted contribution to 29% Second Quarter 2023 Overview1: Revenue: NT$56.30 billion (US$1.81 billion) Gross margin: 36.0%; Operating margin: 27.8% Revenue from 22/28nm: 29% Capacity utilization rate: 71% Net income attributable to shareholders of the parent: NT$15.64 billion (US$502 million) Earnings per share: NT$1.27; earnings per ADS: US$0.204 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2023.
Structural profitability intact despite industry consolidating at the trough First Quarter 2023 Overview1: Revenue: NT$54.2 billion (US$1.78 billion) Gross margin: 35.5%; Operating margin: 26.7% Revenue from 22/28nm: 26% Capacity utilization rate: 70% Net income attributable to shareholders of the parent: NT$16.2 billion (US$532 million) Earnings per share: NT$1.31; earnings per ADS: US$0.215 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the first quarter of 2023. First quarter consolidated revenue was NT$54.2 billion, decreasing 20
Full-year 2022 operating income exceeds NT$100bn with automotive revenue up 82% YoY Fourth Quarter 2022 Overview1: Revenue: NT$67.84 billion (US$2.21 billion) Gross margin: 42.9%; Operating margin: 34.8% Revenue from 22/28nm: 28% Capacity utilization rate: 90% Net income attributable to shareholders of the parent: NT$19.1 billion (US$621 million) Earnings per share: NT$1.54; earnings per ADS: US$0.251 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the fourth quarter of 2022. Fourth quarter consolidated revenue was NT$67.84 billion, decreasing
3Q22 operating income doubles YoY; 22/28 revenue contribution reaches 25% Third Quarter 2022 Overview1: Revenue: NT$75.39 billion (US$2.38 billion) Gross margin: 47.3%; Operating margin: 40.0% Revenue from 22/28nm: 25% Capacity utilization rate: 100%+ Net income attributable to shareholders of the parent: NT$27 billion (US$851 million) Earnings per share: NT$2.19; earnings per ADS: US$0.345 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the third quarter of 2022. Third quarter consolidated revenue was NT$75.39 billion, increasing 4.6% QoQ fro
Q2 GM climbs to 46.5% as 1H 2022 operating income reaches NT$50.5bn Second Quarter 2022 Overview1: Revenue: NT$72.06 billion (US$2.43 billion) Gross margin: 46.5%; Operating margin: 39.1% Revenue from 22/28nm: 22% Capacity utilization rate: 100%+ Net income attributable to shareholders of the parent: NT$21.33 billion (US$718 million) Earnings per share: NT$1.74; earnings per ADS: US$0.293 United Microelectronics Corporation (NYSE:UMC, TWSE: 2303))) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2022. Second quarter consolidated revenue was NT$72.06 billion, increasing 13.6% QoQ fr