UMC News and Press, United Microelectronics Corporation From 01/18/23

Summary GFS is off to a good start and there are a number of arguments to be made as to why it could stay that way in 2023. There are a number of reasons why some may decide to stay away from GFS, even though it has a number of things in its favor. There is a case to be made in favo...

United Microelectronics Corporation (UMC) Q4 2022 Results Conference Call January 16, 2023 04:00 AM ET Company Participants Michael Lin - Head, IR Jason Wang - President Chi-Tung Liu - CFO Conference Call Participants Randy Abrams - Credit Suisse Gokul ...

United Microelectronics ( NYSE: UMC ) Q4 operating revenue grew +14.8% to Y/Y to $2.21B. Earnings per ADS increased +18.4% Y/Y to $0.251. Both top and bottom line missed estimates. However, consolidated revenue declined -10% Q/Q to NT$67.84B due to inventory correctio...

United Microelectronics press release ( NYSE: UMC ): Q4 Non-GAAP EPS of $0.25 misses by $0.02 . Revenue of $2.21B (+3.3% Y/Y) misses by $10M . Capacity utilization rate: 90% Jason Wang, co-president of UMC, said, “In the fourth quarter, due to a significant ...

Full-year 2022 operating income exceeds NT$100bn with automotive revenue up 82% YoY Fourth Quarter 2022 Overview 1 : 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% Ne...

United Microelectronics (NYSE: UMC) , Taiwan's second-largest contract chipmaker and the world's third-largest foundry, doesn't attract nearly as much attention as the market leader Taiwan Semiconductor Manufacturing (NYSE: TSM) . TSMC and UMC are both based in Hsinchu, Taiwan, but ...

Summary UMC’s 4Q 2022 financial results will not be as strong as in 3Q 2022. I estimate its 4Q 2022 gross profit and net income to be 13% and 19% lower than in 3Q 2022. The PHLX Semiconductor Index has been increasing in the past few days. The company’s leverage ra...

United Microelectronics ( NYSE: UMC ) is scheduled to announce Q4 earnings results on Monday, January 16th, before market open. The consensus EPS Estimate is $0.27 (+12.5% Y/Y) and the consensus Revenue Estimate is $2.22B (+3.7% Y/Y). Over the last 2 years, UMC has beaten EP...

Summary This thesis assesses the risks to Taiwan's two main chip contract manufacturers by focusing on the location and impacts on their fabs in case of military action. First, U.S. sanctions restricting chip exports to China not only reduce China's ability to modernize its army but als...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following a rough outing in 2022, investors seeking to make up for lost time may want to consider the best bargain stocks to buy in Jan. To be sure, plenty of headwinds exist, including historically high inflation and concerns ...