United Microelectronics Corporation Q3 2025 Earnings Recap

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.