Asia300

United Microelectronics Corp.

Taiwan

  • 1m
  • 3m
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Jul 21, 2017
Prev close: 14.75
Jul 21, 2017
Market cap:
Market cap(USD):
186,209M
6,122.26M
Shares: 12,624.3M

Currency in TWD

Company profile

Market(Ticker): TAI(2303)
Sector:
Industry:
Electronic Technology
Semiconductors
Full time employees: --

Business summary

United Microelectronics Corp. engages in the semiconductor foundry business. It offers complementary metal-oxide semiconductor (CMOS) logic wafers, mixed signal wafers, radio frequency complementary metal-oxide semiconductor wafers, embedded memory products, high voltage integrated circuits (ICs), and complementary metal-oxide semiconductor image sensors. The company was founded on May 22, 1980 and is headquartered in Hsinchu, Taiwan.

Company background

United Microelectronics is a Taiwanese chipmaker, with assets of around $10 billion. It sells a range of products, including CMOS wafers, memory chips and high-voltage integrated circuits. UMC has over 17,000 employees worldwide and offices in Taiwan, Japan, South Korea, China, Singapore, the U.S. and Europe.

UMC is expanding aggressively overseas. The company bought a 9%, $48 million stake in a subsidiary of Japan's Fujitsu Semiconductor, which owns a Japanese plant that makes 12-inch wafers. UMC has also set up a joint venture with China's Xiamen municipal government and state-owned Fujian Electronics and Information Group to build a semiconductor fabrication plant in Xiamen.

UMC will invest a total of $1.35 billion in the venture over five years, starting in 2015. As part of the plan, the venture purchased a 33% stake in Xiamen-based chipmaker United Semiconductor in January 2015.

UMC was founded in 1980 as Taiwan's first semiconductor company. Yen Po-wen, who joined UMC in 1986, has served as CEO since 2012. Before that, he was senior vice president in charge of 12-inch operations.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 147,870.12M
Gross profit 26,086.93M
Operating income 6,456.70M
Income before tax 5,036.75M
Net income 8,315.66M
EBITDA 58,344.99M
Diluted EPS 0.63
Dividends per share 0.5
Total assets 386,655.18M
Total liabilities 161,077.22M
Total equity 215,007.77M
Operating cash flow 46,450.49M

Currency in TWD

Revenue 4,585.00M
Gross profit 808.87M
Operating income 200.20M
Income before tax 156.17M
Net income 257.84M
EBITDA 1,809.10M
Diluted EPS 0.01
Dividends per share 0.01
Total assets 11,997.11M
Total liabilities 4,997.89M
Total equity 6,671.25M
Operating cash flow 1,440.28M

Currency in USD

Valuation measures

Dec 2016

PER 16.76
ROA 2.29%
ROE 3.76%
Operating margin 4.36%
Profit margin 5.62%

Key executive

  • Co-President & Director: Shan Chieh Chien
  • Co-President: Jason Wang
  • Head-Finance & Head-Accounting: Chi Tung Liu
  • Director & Deputy General Manager: Shi Wang

Share holders

  • Hsieh Yung Investment Co. Ltd.(3.4%)
  • Dimensional Fund Advisors LP(3.2%)
  • Silicon Integrated Systems Corp.(2.4%)
  • BlackRock Fund Advisors(2.0%)
  • The Vanguard Group, Inc.(2.0%)
  • Norges Bank Investment Management(1.2%)
  • BlackRock Advisors (UK) Ltd.(0.6%)
  • APG Asset Management NV(0.5%)
  • Acadian Asset Management LLC(0.4%)
  • State of Wisconsin Investment Board(0.3%)

Address

  • Website: http://www.umc.com
  • Address: No. 3, 2nd Li-Hsin Road, Hsinchu Science Park, Hsinchu, 300 78, Taiwan
  • Phone: +886.3.578.2258

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