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United Microelectronics (UMC)

Upturn stock ratingUpturn stock rating
$6.26
Delayed price
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/14/2025: UMC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -33.96%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 16.92B USD
Price to earnings Ratio 11.6
1Y Target Price 6.98
Price to earnings Ratio 11.6
1Y Target Price 6.98
Volume (30-day avg) 12290987
Beta 1.19
52 Weeks Range 5.61 - 8.95
Updated Date 03/27/2025
52 Weeks Range 5.61 - 8.95
Updated Date 03/27/2025
Dividends yield (FY) 6.90%
Basic EPS (TTM) 0.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.32%
Operating Margin (TTM) 19.78%

Management Effectiveness

Return on Assets (TTM) 5.7%
Return on Equity (TTM) 12.77%

Valuation

Trailing PE 11.6
Forward PE 7.7
Enterprise Value 15577581519
Price to Sales(TTM) 0.07
Enterprise Value 15577581519
Price to Sales(TTM) 0.07
Enterprise Value to Revenue 2.22
Enterprise Value to EBITDA 4.85
Shares Outstanding 2511670016
Shares Floating 11332282980
Shares Outstanding 2511670016
Shares Floating 11332282980
Percent Insiders -
Percent Institutions 6.64

Analyst Ratings

Rating 3.6
Target Price 7.11
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold 2
Sell 1
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

United Microelectronics

stock logo

Company Overview

History and Background

United Microelectronics Corporation (UMC) was founded in 1980 as Taiwan's first semiconductor company. Originally a spin-off from the Industrial Technology Research Institute (ITRI), UMC pioneered the foundry business model, focusing solely on manufacturing chips for other companies. Over the years, UMC has expanded its manufacturing capabilities and global presence, becoming a leading player in the semiconductor foundry industry.

Core Business Areas

  • Semiconductor Foundry Services: UMC's core business involves manufacturing integrated circuits (ICs) for fabless semiconductor companies based on their designs. This includes production of a wide range of chips using various process technologies.

Leadership and Structure

UMC is led by its CEO, Jason Wang, and operates under a board of directors. The company's organizational structure is based on functional departments, with separate teams focused on manufacturing, technology development, sales and marketing, and finance.

Top Products and Market Share

Key Offerings

  • 28nm Process Technology: UMC's 28nm process technology is a key offering, serving a wide range of applications, including mobile devices, consumer electronics, and networking equipment. Competitors include TSMC, Samsung Foundry, and GlobalFoundries. Market share data is not directly attributable to this specific process node in public information. Revenue attributable to node is not available.
  • 40nm Process Technology: UMC's 40nm process technology is another significant offering, used in applications such as display driver ICs and power management chips. Competitors include TSMC, Samsung Foundry, and GlobalFoundries. Market share data is not directly attributable to this specific process node in public information. Revenue attributable to node is not available.

Market Dynamics

Industry Overview

The semiconductor foundry industry is characterized by high capital expenditure, rapid technological advancements, and intense competition. Demand is driven by the increasing complexity of electronic devices and the growing adoption of advanced technologies such as AI, 5G, and IoT.

Positioning

UMC is a leading global semiconductor foundry, offering a range of process technologies. Its competitive advantages include its established manufacturing capabilities, experienced workforce, and strong customer relationships.

Total Addressable Market (TAM)

The global semiconductor foundry market is projected to reach hundreds of billions USD in the coming years. UMC is well-positioned to capture a share of this TAM by leveraging its manufacturing expertise and expanding its customer base.

Upturn SWOT Analysis

Strengths

  • Established manufacturing capabilities
  • Experienced workforce
  • Strong customer relationships
  • Diversified technology portfolio
  • Global presence

Weaknesses

  • Smaller scale compared to TSMC
  • Reliance on older process technologies
  • Lower R&D spending than competitors

Opportunities

  • Growing demand for foundry services
  • Expansion into new markets
  • Development of advanced process technologies
  • Strategic partnerships
  • Government incentives

Threats

  • Intense competition
  • Technological disruptions
  • Economic downturns
  • Geopolitical risks
  • Supply chain disruptions

Competitors and Market Share

Key Competitors

  • TSM
  • GTS
  • SMCI

Competitive Landscape

UMC faces intense competition from larger foundries such as TSMC and Samsung Foundry. UMC's competitive advantages include its lower cost structure and its focus on mature process technologies.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: UMC has experienced steady growth over the years, driven by increasing demand for its foundry services. The company has expanded its manufacturing capacity and invested in new technologies to support its growth.

Future Projections: Analyst estimates suggest that UMC will continue to grow in the coming years, benefiting from the increasing demand for semiconductors and the expansion of its customer base.

Recent Initiatives: Recent strategic initiatives include investments in advanced process technologies, expansion of manufacturing capacity, and strategic partnerships with other companies.

Summary

UMC is a stable semiconductor foundry with a strong position in mature process technologies. While it faces competition from larger players, UMC benefits from growing demand and strategic initiatives. Keeping a focus on technology advancements and capacity expansion is crucial to compete effectively and grow market share. They need to closely monitor supply chain challenges and geopolitical instability to sustain financial health.

Similar Companies

  • TSM
  • GTS
  • SMCI

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. Market share data is approximate and based on available information.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About United Microelectronics

Exchange NYSE
Headquaters -
IPO Launch date 2000-09-19
CEO -
Sector Technology
Industry Semiconductors
Full time employees -
Full time employees -

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company manufactures and sells integrated circuits. It offers backend and design support services for mobile and wireless communications, IoT and wearables, computing and data processing, and automotive markets. The company also provides venture capital and marketing support; consulting and advisory; energy technical; solar engineering integrated design; research and development services; and insurance services. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

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