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UMC Expects Steady Q4 Wafer Shipments After a Quarterly Record

Third-quarter earnings were $0.206 per American depositary share and NT$1.32 per share.

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A silicon wafer is inspected inside a cleanroom at a fabrication plant in Hsinchu, Taiwan. / EconoTimes.ai
A silicon wafer is inspected inside a cleanroom at a fabrication plant in Hsinchu, Taiwan. / EconoTimes.ai

United Microelectronics Corporation (UMC) reported third-quarter revenue of $2.32 billion, 25.6% higher than a year earlier, as wafer shipments reached a quarterly record. The company expects little change in shipment levels and capacity utilization in the fourth quarter.

UMC reported earnings of $0.206 per American depositary share (ADS) and NT$1.32 per share.

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