United Microelectronics Corp.
In the news
- TSMC and MediaTek fuel rebound by Taiwan's tech sector Aug 22, 2020
- Intel falls behind Asian rival TSMC in chip race Jul 27, 2020
- SMIC makes biggest market debut in China in 10 years Jul 16, 2020
- TSMC rebuffs Samsung challenge to chip foundry dominance Jul 5, 2020
- Exclusive: Huawei stockpiles supplies, fearing new US tech ban Jan 22, 2020 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 2021 | TWD | USD |
Revenue | 213,011.01M | 7,626.09M |
Gross Profit | 68,080.35M | 2,437.37M |
Operating income | 46,459.45M | 1,663.31M |
Income before tax | 53,308.36M | 1,908.51M |
Net income | 55,780.25M | 1,997.01M |
EBITDA | 93,265.86M | 3,339.04M |
Diluted EPS | 4.47 | 0.16 |
Dividends Per Share | 3 | 0.10 |
Total Assets | 464,426.77M | 16,786.30M |
Total liabilities | 178,776.83M | 6,461.73M |
Total equity | 280,979.70M | 10,155.77M |
Operating cash flow | 90,351.89M | 3,234.72M |
Currency in TWD | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 149,284.70M | 151,252.57M | 148,201.64M | 176,820.91M | 213,011.01M |
Gross Profit | 22,831.74M | 18,931.55M | 18,104.57M | 35,222.22M | 68,080.35M |
Operating income | 4,914.62M | 680.34M | -492.31M | 15,753.51M | 46,459.45M |
Income before tax | 7,521.46M | 2,852.10M | 4,588.14M | 21,258.22M | 53,308.36M |
Net income | 9,628.73M | 7,072.99M | 9,707.61M | 29,189.48M | 55,780.25M |
EBITDA | 57,873.01M | 52,556.78M | 48,634.96M | 64,393.85M | 93,265.86M |
Diluted EPS | 0.74 | 0.54 | 0.75 | 2.34 | 4.47 |
Dividends Per Share | 0.71 | 0.58 | 0.80 | 1.59 | 3 |
Total Assets | 394,099.16M | 364,604.90M | 370,187.36M | 377,516.37M | 464,426.77M |
Total liabilities | 169,859.62M | 144,419.63M | 153,201.96M | 135,372.37M | 178,776.83M |
Total equity | 211,508.65M | 206,069.72M | 206,804.35M | 235,659.74M | 280,979.70M |
Operating cash flow | 52,474.39M | 50,145.31M | 55,498.99M | 64,868.31M | 90,351.89M |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 4,907.01M | 5,015.92M | 4,794.19M | 6,005.22M | 7,626.09M |
Gross Profit | 750.48M | 627.81M | 585.66M | 1,196.22M | 2,437.37M |
Operating income | 161.54M | 22.56M | -15.92M | 535.02M | 1,663.31M |
Income before tax | 247.23M | 94.58M | 148.42M | 721.97M | 1,908.51M |
Net income | 316.49M | 234.55M | 314.03M | 991.33M | 1,997.01M |
EBITDA | 1,902.29M | 1,742.91M | 1,573.30M | 2,186.95M | 3,339.04M |
Diluted EPS | 0.02 | 0.01 | 0.02 | 0.07 | 0.16 |
Dividends Per Share | 0.02 | 0.01 | 0.02 | 0.05 | 0.10 |
Total Assets | 13,243.24M | 11,862.08M | 12,349.04M | 13,435.70M | 16,786.30M |
Total liabilities | 5,707.93M | 4,698.56M | 5,110.65M | 4,817.86M | 6,461.73M |
Total equity | 7,107.50M | 6,704.28M | 6,898.76M | 8,387.06M | 10,155.77M |
Operating cash flow | 1,724.84M | 1,662.94M | 1,795.34M | 2,203.06M | 3,234.72M |
Valuation Measures
Dec 2021 | |
PER | 14.23 |
ROA | 13.25% |
ROE | 21.59% |
Operating margin | 21.81% |
Profit margin | 26.18% |
Key executives
- Co-President, Co-General Manager & Director: Shan Chieh Chien
- Co-President, Co-General Manager & Director: Jason Wang
- Chief Financial Officer, Head-Finance & Accounting: Chi Tung Liu
- Vice President, Deputy GM & General Counsel: Lucas S. Chang
- Director-Factory & Vice President: Shian Ho Shen
Shareholders
- Hsieh Yung Investment Co. Ltd. (3.5%)
- Silicon Integrated Systems Corp. (2.2%)
- BlackRock Fund Advisors (2.2%)
- The Vanguard Group, Inc. (2.1%)
- Yuanta Securities Investment Trust Co., Ltd. (1.9%)
- Norges Bank Investment Management (1.4%)
- Goldman Sachs Asset Management International (0.7%)
- Dimensional Fund Advisors LP (0.7%)
- AllianceBernstein LP (0.7%)
- BlackRock Advisors (UK) Ltd. (0.6%)
Contact Details
- Website:http://www.umc.com
- Address: Hsinchu Science Park, No. 3, Li-Hsin 2nd Road, Hsinchu, 300 78, Taiwan
- Phone: +886.3.578.2258
Related Companies
- UMC Investment (Samoa) Ltd.
- UMC Korea Co., Ltd.
- SocialNex Italia 1 Srl
- Omni Global Ltd.
- Sino Paragon Ltd.
- United Semiconductor Japan Co., Ltd.
- United Semiconductor (Xiamen) Co., Ltd.
- Green Earth Ltd.
- Thintek Optronics Corp.
- Wavetek Microelectronics Corp.
- United Microelectronics Corp. (Singapore)
- United Microdisplay Optronics Corp.
- TLC Venture 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
- GlobalFoundries Inc.
- Taiwan Semiconductor Manufacturing Co., Ltd.
- Semiconductor Manufacturing International Corp.
- Samsung Electronics Co., Ltd.
- Hua Hong Semiconductor Ltd.
- X-FAB Silicon Foundries SE
- DB HiTek Co. LTD
- Intel Corporation
- Toshiba Corporation
- Tower Semiconductor Ltd
- Vanguard International Semiconductor Corp
- SkyWater Technology Inc
- Hana Micron Inc.
- Episil Technologies Inc.
- Kinik Co.
- Primarius Technologies Co. Ltd. Class A
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 17 Aug, 2022Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.