Earnings ·
United Microelectronics Corporation reported second quarter 2026 revenue of NT$68.73 billion (US$2.18 billion), a…
UMCUnited Microelectronics Corp
United Microelectronics Corporation reported second quarter 2026 revenue of NT$68.73 billion (US$2.18 billion), a 12.6% increase from the first quarter and a 17.0% rise year-over-year, driven by strong demand in communication and consumer segments. Consolidated gross margin reached 32.5%, with net income attributable to shareholders of NT$42.26 billion (US$1.34 billion) and earnings per share of NT$3.39. The company raised its full-year capital expenditure budget to US$2 billion to fund a phased expansion plan, including cleanroom capacity increases at its Singapore P4 facility for silicon photonics and the construction of a new fab in Tainan, Taiwan. Management projects third-quarter wafer shipments will increase by high-single digits with utilization exceeding 90%. Additionally, the board approved an investment of up to NT$1.7 billion in TGVest Asia Partners III, the cancellation of approximately 6.89 million restricted shares due to unmet vesting conditions, and a transaction for intangible software assets from Cadence Design Systems valued at NT$322.2 million.