United Microelectronics Corporation
NYSE•UMC
CEO: Mr. Jia Cong Hung
Sector: Technology
Industry: Semiconductors
Listing Date: 2000-09-19
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. 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.
Contact Information
Market Cap
$21.60B
P/E (TTM)
16.1
33.7
Dividend Yield
5.3%
52W High
$9.11
52W Low
$5.61
52W Range
Rank21Top 7.6%
6.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$59.13B-2.25%
4-Quarter Trend
EPS
$6.00+3.45%
4-Quarter Trend
FCF
$8.77B-279.63%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Revenue Increased Despite Price Drop Operating revenues reached US$7.08B, up 4.4%, partially offset by a 5.0% decline in average selling price.
Net Income Declined 18.3% Net income attributable to parent decreased 18.3% to US$1.49B in 2024, reflecting margin compression.
Increased R&D Investment R&D expenses rose 17.6% to US$476M, increasing R&D spend ratio to 6.7% of operating revenues.
Intel 12nm Collaboration Progress Joint 12nm semiconductor process platform development with Intel is progressing, targeting production commencement in 2027.
Risk Factors
Industry Cyclicality and Overcapacity Semiconductor industry downturn resulted in lower utilization rates, averaging 68.7% for the fiscal year 2024.
Customer Concentration Risk Top ten customers accounted for 55.6% of 2024 operating revenues, exposing the company to significant concentration risk.
Geopolitical Trade Tensions Rising political conflicts between US and China, including tariff escalations, may adversely impact global business environment.
Technology Adoption Delays Inability to rapidly adopt new process technologies competitively risks losing customers and eroding profit margins.
Outlook
Singapore Fab Expansion Timeline Greenfield 28nm/22nm fab in Singapore is expected to commence production ramp in January 2026.
Focus on Customer-Driven Foundry Strategy emphasizes operating as a customer-driven foundry, leveraging advanced process technologies and IP portfolio.
Renewable Energy Transition Secured 30-year CPPA for offshore wind power, supporting the goal of 100% renewable energy use by 2050.
Capital Expenditure Planning Future capital expansion plans will focus on 12-inch wafer facilities to maintain technology leadership and scale.
Peer Comparison
Revenue (TTM)
$236.13B
$22.10B
$11.36B
Gross Margin (Latest Quarter)
FFIV82.2%
68.9%
65.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TER | $36.83B | 80.3 | 15.9% | 6.8% |
| ON | $24.30B | 74.9 | 3.9% | 27.9% |
| GFS | $22.63B | -511.0 | -0.4% | 10.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.7%
Flat Growth
4Q Net Income CAGR
20.8%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Jan 20, 2026
EPS:$0.12
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 24, 2025|Revenue: $7.25B+4.4%|EPS: $0.59-21.3%MissForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 25, 2024|Revenue: $7.16B-20.2%|EPS: $0.78-31.9%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 27, 2023|Revenue: $9.38B+30.8%|EPS: $1.19+55.1%MeetForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 28, 2022|Revenue: $7.65B+20.5%|EPS: $0.82+88.8%BeatForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 29, 2021|Revenue: $6.03B+19.3%|EPS: $0.41+240.8%Beat