United Microelectronics ( (UMC) ) has released its Q1 earnings. Here is a breakdown of the information United Microelectronics presented to its investors.
United Microelectronics Corporation (UMC) is a leading global semiconductor foundry company that provides integrated circuit fabrication services, focusing on logic and specialty technologies for various sectors of the electronics industry. The company operates multiple fabs, primarily in Taiwan, and is known for its comprehensive manufacturing solutions and high-quality standards.
In the first quarter of 2025, UMC reported consolidated revenue of NT$57.86 billion (US$1.74 billion), marking a 5.9% increase compared to the same period last year, despite a 4.2% decline from the previous quarter. The company achieved a gross margin of 26.7% and an operating margin of 16.9%, with a significant boost in 22nm revenue driven by demand for display driver and networking chips.
Key financial highlights include a net income of NT$7.78 billion (US$234 million) and earnings per share of NT$0.62. The company inaugurated a new fab in Singapore to support future growth in 22nm technology, enhancing its geographic diversification and supply chain resilience. UMC’s revenue from 22/28nm technologies reached 37% of total sales, reflecting strong customer demand.
Looking ahead, UMC anticipates a moderate rebound in demand across all segments in the second quarter, with a focus on executing key technology projects and enhancing operational efficiency through AI and intelligent manufacturing systems. The company remains cautious about wafer demand projections due to market adjustments and is committed to maintaining its competitive edge.
UMC’s management remains confident in the company’s financial and business resilience, supported by strategic investments and a strong focus on sustainability, as evidenced by high ratings in global sustainability assessments.