- 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 slowdown across most of our end markets and inventory correction in the semiconductor industry, our wafer shipments fell 14.8% QoQ while overall fab utilization rate dropped to 90%. Average selling price increased slightly during the quarter as a result of our ongoing product mix optimization efforts, moderating the decline in revenue.”
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First Quarter 2023 Outlook & Guidance
Quarter-over-Quarter Guidance:
- Wafer Shipments: To decrease in the high teens % range
- ASP in USD: To remain flat
- Gross Profit Margin: Will be in the mid-30% range
- Capacity Utilization: approximately 70%
- 2023 CAPEX: US$3.0 billion
For further details see:
United Microelectronics Non-GAAP EPS of $0.25 misses by $0.02, revenue of $2.21B misses by $10M