United Microelectronics Corporation Earnings Recaps
Q3 2025
Oct 29, 2025
UMC reported a slight sequential increase in revenue for Q3 2025, driven by higher wafer shipments and improved capacity utilization, although year-over-year earnings per share declined.
Key takeaways
- Q3 revenue reached TWD 59.13 billion, with net income of TWD 14.98 billion, translating to an EPS of TWD 1.2.
- Capacity utilization improved to 78%, with wafer shipments hitting 1 million 12-inch equivalent wafers—an increase of 3.4% quarter-over-quarter.
- The North America region contributed 25% to total revenue, reflecting a 5% sequential increase, while Asia saw a decline.
- UMC continues to strengthen its market position with a focus on 22-nanometer technology, projecting over 50 product tape-outs in 2025.
- For Q4 2025, UMC expects flat wafer shipments and stable ASP, maintaining a gross margin in the high 20% range.
Q2 2025
Jul 30, 2025
UMC reported solid second quarter 2025 results, with sequential revenue growth of 1.6% and a net income of TWD 8.9 billion. However, foreign exchange fluctuations impacted gross margin, which was recorded at 28.7%.
Key takeaways
- Consolidated revenue reached TWD 58.8 billion, with a gross margin of 28.7%, reflecting a 3 percentage point impact from foreign exchange rates.
- Net income attributable to shareholders increased to TWD 8.9 billion, yielding earnings per share of TWD 0.71, up from TWD 0.62 in Q1.
- Wafer shipments increased by 6.3% quarter-over-quarter, driven primarily by demand in communications and imaging signal processors.
- Advanced technology revenue (sub-40nm) continued to grow, comprising 55% of total revenue, bolstering UMC's position in key markets.
- For Q3 2025, UMC anticipates a mild uptick in wafer shipments, but expects a decline in NT dollar revenue due to adverse foreign exchange impacts.