UMC Reports Fourth Quarter 2024 Results
TAIPEI, Taiwan--(BUSINESS WIRE)--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 2024. Fourth quarter consolidated revenue was NT$60.39 billion, decreasing 0.2% from NT$60.49 billion in 3Q24. Compared to a year ago, 4Q24 revenue increased 9.9%. Consolidated gross margin for 4Q24 was 30.4%. Net income attributable to the shareholders of the pa.
PacBio and Radboud UMC Announce Remarkable Study Results Using HiFi Long Read Sequencing to Help Advance Rare Disease Diagnostics
MENLO PARK, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), a leading provider of highly accurate long-read sequencing solutions, announced a significant publication from Radboud University Medical Center (Radboudumc) and its research partners in the American Journal of Human Genetics. The study demonstrates the impact of PacBio's HiFi long-read sequencing technology in identifying genetic causes of rare diseases, illustrating the feasibility of potentially replacing multiple diagnostic tests with a single, more comprehensive approach.
UMC's Flagship Fab Designated One of 189 Smart Manufacturing Lighthouses by the World Economic Forum
HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)(“UMC”), a leading global semiconductor foundry, today announced that its flagship Fab 12A in Tainan, Taiwan has been selected for the World Economic Forum's Global Lighthouse Network, a group of 189 sites identified as exemplars in leveraging Fourth Industrial Revolution (4IR) technologies to enhance operational productivity, efficiency, and sustainable manufacturing. Fab 12A, UMC's largest production.
UMC Reports Sales for December 2024
TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of December 2024. Revenues for December 2024 Period 2024 2023 Y/Y Change Y/Y (%) December 18,965,818 16,979,226 1,986,592 11.70% Jan.-Dec. 232,302,584 222,533,000 9,769,584 4.39% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the.
Can UMC's Latest Renewable Energy Deal Push the Stock Higher?
United Microelectronics signs a deal with Fengmiao I Offshore Wind Farm, advancing its net-zero transition with a 42% emissions reduction target by 2030.
UMC Signs 30-Year, 30 Billion kWh Offshore Wind Power Agreement with CIP's Fengmiao I Offshore Wind Farm
HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)(“UMC”), today announced the signing of a Corporate Power Purchase Agreement (CPPA) with Fengmiao I Offshore Wind Farm (“Fengmiao I”), developed by Copenhagen Infrastructure Partners' (“CIP”) flagship fund, CI V. UMC will purchase more than 30 billion kilowatt-hours of power from Fengmiao I over least 30 years, marking the largest renewable energy transaction in UMC's history. This agreement will help U.
UMC Recognized as a Sustainability Leader in the Dow Jones Sustainability Indices (DJSI) and MSCI ESG Ratings
HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)(“UMC”), a leading global semiconductor foundry, today announced it has been selected for inclusion in the Dow Jones Sustainability Indices (DJSI) World Index for the 17th consecutive year, and has been included in the Emerging Markets Index for the eighth time. Over 3,500 large companies participated in the 2024 DJSI assessment of sustainability performance, with the top 10% from each industry selected.
UMC's Collaboration with Suppliers to Build a Sustainable Supply Chain Contributes to 2.64 Million Tons of Carbon Reduction
HSINCHU, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)(“UMC”), a leading semiconductor foundry, today held its Low-Carbon Supply Chain Awards Ceremony, in which 16 suppliers were recognized for their performance in reducing greenhouse gas emissions. UMC launched its Supply Chain Greenhouse Gas Inventory Initiative in 2022 to provide suppliers with resources to measure and reduce their greenhouse gas emissions. Since then, global sites of UMC's suppliers ha.
UMC Reports Sales for November 2024
TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of November 2024. Revenues for November 2024 Period 2024 2023 Y/Y Change Y/Y (%) November 20,049,182 18,787,670 1,261,512 6.71% Jan.-Nov. 213,336,766 205,553,774 7,782,992 3.79% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the w.
UMC Plunges 20% Year to Date: Should You Buy, Hold or Sell the Stock?
United Microelectronics faces stiff competition and currency headwinds, but its expanding portfolio and strong partnerships in the semiconductor sector offer growth potential.
UMC Reports Sales for October 2024
TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”) today reported unaudited net sales for the month of October 2024. Revenues for October 2024 Period 2024 2023 Y/Y Change Y/Y (%) October 21,371,110 19,191,382 2,179,728 11.36% Jan.-Oct. 193,287,584 186,766,104 6,521,480 3.49% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web.
United Microelectronics Corporation (UMC) Q4 2024 Earnings Conference Call Transcript
United Microelectronics Corporation (NYSE:UMC ) Q4 2024 Earnings Conference Call October 30, 2024 5:00 AM ET Company Participants Michael Lin - Head of IR Chi-Tung Liu - CFO Jason Wang - President Conference Call Participants Sunny Lin - UBS Gokul Hariharan - J.P. Morgan Laura Chen - Citi Charlie Chan - Morgan Stanley.
