Welcome to our new website
As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world.
United Microelectronics Corp.
- 15.75 TWD
- +0.15
- +0.96%
Taiwan
Apr 20, 2018Ticker
TAI(2303)Prev. close
15.60Market cap (TWD)
196,939MMarket cap (USD)
6,698.85MShares
12,624.30M
In the news
- US chipmaker GlobalFoundries asks China to probe TSMC Mar 7, 2018
- China's SMIC vows to step up its chip technology as profits sag Feb 15, 2018
- Shareholders approve merger of top Taiwanese chip assemblers Feb 12, 2018
- Nikkei Asia300 Index falls as Chinese lenders decline Jan 25, 2018
- United Microelectronics aims for AI innovation on a budget Jan 18, 2018 See more articles on United Microelectronics Corp.
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.
Business Summary
Financial Highlights
| Dec 2017 | TWD | USD |
| Revenue | 149,284.70M | 4,907.01M |
| Gross Profit | 22,831.74M | 750.48M |
| Operating income | 4,914.62M | 161.54M |
| Income before tax | 7,521.46M | 247.23M |
| Net income | 9,628.73M | 316.49M |
| EBITDA | 57,873.01M | 1,902.29M |
| Diluted EPS | 0.74 | 0.02 |
| Dividends Per Share | 0.70 | 0.02 |
| Total Assets | 394,099.16M | 13,243.24M |
| Total liabilities | 169,859.62M | 5,707.93M |
| Total equity | 211,508.65M | 7,107.50M |
| Operating cash flow | 52,474.39M | 1,724.84M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 123,811.63M | 140,012.36M | 144,830.42M | 147,870.12M | 149,284.70M |
| Gross Profit | 20,722.37M | 28,256.19M | 28,042.65M | 26,086.93M | 22,831.74M |
| Operating income | 4,157.45M | 10,482.17M | 11,799.39M | 6,456.70M | 4,914.62M |
| Income before tax | 13,613.19M | 13,467.77M | 13,642.68M | 5,036.75M | 7,521.46M |
| Net income | 12,630.20M | 12,141.34M | 13,448.62M | 8,315.66M | 9,628.73M |
| EBITDA | 42,519.29M | 51,139.53M | 57,202.00M | 58,344.99M | 57,873.01M |
| Diluted EPS | 0.95 | 0.96 | 1.02 | 0.63 | 0.74 |
| Dividends Per Share | 0.50 | 0.54 | 0.56 | 0.50 | 0.70 |
| Total Assets | 295,902.82M | 313,245.64M | 337,366.81M | 386,655.18M | 394,099.16M |
| Total liabilities | 83,867.78M | 88,236.79M | 110,121.52M | 161,077.22M | 169,859.62M |
| Total equity | 207,715.05M | 221,159.05M | 225,218.21M | 215,007.77M | 211,508.65M |
| Operating cash flow | 43,472.46M | 44,788.25M | 60,042.87M | 46,450.49M | 52,474.39M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 4,171.37M | 4,620.37M | 4,561.00M | 4,585.00M | 4,907.01M |
| Gross Profit | 698.16M | 932.44M | 883.12M | 808.87M | 750.48M |
| Operating income | 140.06M | 345.90M | 371.58M | 200.20M | 161.54M |
| Income before tax | 458.64M | 444.43M | 429.63M | 156.17M | 247.23M |
| Net income | 425.52M | 400.66M | 423.52M | 257.84M | 316.49M |
| EBITDA | 1,432.53M | 1,687.59M | 1,801.40M | 1,809.10M | 1,902.29M |
| Diluted EPS | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 |
| Dividends Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Total Assets | 9,928.45M | 9,912.20M | 10,270.85M | 11,997.11M | 13,243.24M |
| Total liabilities | 2,814.02M | 2,792.12M | 3,352.55M | 4,997.89M | 5,707.93M |
| Total equity | 6,969.48M | 6,998.26M | 6,856.58M | 6,671.25M | 7,107.50M |
| Operating cash flow | 1,464.64M | 1,478.00M | 1,890.87M | 1,440.28M | 1,724.84M |
Valuation Measures
| Dec 2017 | |
| PER | 17.97 |
| ROA | 2.46% |
| ROE | 4.51% |
| Operating margin | 3.29% |
| Profit margin | 6.44% |
Key executives
- Co-President & Director: Shan Chieh Chien
- Co-President: Jason Wang
- Head-Finance & Head-Accounting: Chi Tung Liu
- Director & Deputy General Manager: Shi Wang
- Assistant Manager-Accounting: An Pang Huang
Shareholders
- Capital Research & Management Co. (Global Investors) (3.6%)
- Hsieh Yung Investment Co. Ltd. (3.4%)
- Fidelity Management & Research Co. (3.3%)
- Dimensional Fund Advisors LP (3.2%)
- Capital Research & Management Co. (World Investors) (2.6%)
- BlackRock Fund Advisors (2.5%)
- Silicon Integrated Systems Corp. (2.4%)
- The Vanguard Group, Inc. (2.0%)
- Norges Bank Investment Management (1.2%)
- BlackRock Advisors (UK) Ltd. (0.6%)
Contact Details
- Website:http://www.umc.com
- Address: No. 3, 2nd Li-Hsin Road, Hsinchu Science Park, Hsinchu, 300 78, Taiwan
- Phone: +886.3.578.2258
Related Companies
- Thintek Optronics Corp.
- United Microelectronics Corp. (Singapore)
- United Microdisplay Optronics Corp.
- UMC New Business Investment Corp.
- NexPower Technology Corp.
- TLC Capital Co., Ltd.
- United Microelectronics Europe BV
- Alpha Wisdom Ltd.
- UMC Group (USA)
- United Integrated Circuits Corp.
- World Wiser Electronics
- UTEK Semiconductor Corp.
- United Microelectronics Corp. (Samoa)
- UMC Capital Corp.
- SiS Microelectronics Corp
- Silicon7, Inc.
- UMCi Ltd.
- Fortune Venture Capital Corp
Competitors
- Semiconductor Manufacturing International Corp.
- X-FAB Silicon Foundries NV
- DB HiTek Co. LTD
- Taiwan Semiconductor Manufacturing Co., Ltd.
- Hua Hong Semiconductor Ltd.
- Samsung Electronics Co., Ltd.
- Toshiba Corporation
- Intel Corporation
- International Business Machines Corporation
- Vanguard International Semiconductor Co.
- Tower Semiconductor Ltd
- ITEK Semiconductor, Inc.
- Motech Industries, Inc.
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.
Last Updated on 20 Apr, 2018You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month
Your full access to the Nikkei Asian Review has expired
