Streetbeat News

UMC

United Microelectronics Corporation

https://www.umc.com

Industry

Semiconductors

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, 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.

Open

6.59

Mkt cap

16B

Volume

13M

High

6.59

P/E Ratio

10.29

52-wk high

9.00

Low

6.43

Div yield

0.07

52-wk low

5.61

Medera Inc. and its subsidiary Novoheart have installed the CTScreen™ system at UMC Utrecht, enhancing cardiac disease modeling and therapeutic screening capabilities. This collaboration aims to advance human-based cardiac research and regenerative technologies.

Portfolio Pulse from

February 10, 2025 | 1:15 pm

United Microelectronics (UMC) stock dropped 5% following a downgrade by Citibank from buy to sell due to gross margin weakness and competitive pressures. The company reported lower-than-expected Q4 earnings, but maintains a strong cash position and plans to continue its dividend policy.

Portfolio Pulse from

January 24, 2025 | 2:30 pm

United Microelectronics (UMC) reported Q4'24 results with a slight operating miss due to gross margin pressures. While 2025 guidance was better than expected, pricing remains a risk. Demand recovery is anticipated as inventories deplete across various markets, and UMC's advanced packaging and non-Chinese fabs could drive growth.

Portfolio Pulse from

January 23, 2025 | 10:45 am

United Microelectronics Corporation (UMC) held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included executives and analysts from major financial institutions.

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January 21, 2025 | 4:15 pm

PacBio and Radboud UMC have published a study in the American Journal of Human Genetics showcasing the effectiveness of PacBio's HiFi long-read sequencing technology in diagnosing rare diseases. This technology could streamline diagnostics by replacing multiple tests with a single comprehensive approach.

Portfolio Pulse from

January 14, 2025 | 2:15 pm

United Microelectronics Corporation's (UMC) flagship Fab 12A in Tainan, Taiwan, has been recognized by the World Economic Forum as part of the Global Lighthouse Network for its exemplary use of Fourth Industrial Revolution technologies to improve productivity, efficiency, and sustainability in manufacturing.

Portfolio Pulse from

January 14, 2025 | 9:30 am

United Microelectronics Corporation (UMC) has signed a deal with Fengmiao I Offshore Wind Farm to advance its net-zero transition, aiming for a 42% emissions reduction by 2030. This move could positively impact UMC's stock as it aligns with global sustainability trends.

Portfolio Pulse from

December 19, 2024 | 6:00 pm

United Microelectronics Corporation (UMC) has signed a 30-year Corporate Power Purchase Agreement with Fengmiao I Offshore Wind Farm, developed by Copenhagen Infrastructure Partners. UMC will purchase over 30 billion kWh of renewable energy, marking its largest renewable energy transaction.

Portfolio Pulse from

December 18, 2024 | 11:45 am

United Microelectronics Corporation (UMC) has been recognized as a sustainability leader, being included in the Dow Jones Sustainability Indices (DJSI) World Index for the 17th consecutive year and the Emerging Markets Index for the eighth time. This highlights UMC's strong sustainability performance among over 3,500 large companies.

Portfolio Pulse from

December 17, 2024 | 8:45 am

United Microelectronics Corporation (UMC) reported a 6.71% year-over-year increase in net sales for November 2024, with revenues reaching NT$20,049,182 thousand. The cumulative sales from January to November 2024 also saw a 3.79% increase compared to the same period in 2023.

Portfolio Pulse from

December 05, 2024 | 9:15 am

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