UMC · NYSE · Semiconductors

United Microelectronics (ADR) (UMC)

Fabricates customer-designed chips across established logic and differentiated specialty processes.

$25.57
vs last close+0.14 (+0.53%)
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United Microelectronics CorporationUMC
Information Technology

Fabricates customer-designed chips as a pure-play foundry, with established-node logic and specialty platforms spanning mixed-signal, high-voltage, embedded memory and radio-frequency uses. Manufacturing runs through fabs in Taiwan, Singapore, China and Japan, while selective partnerships extend process development.

Fabricates customer-designed semiconductors rather than selling a broad portfolio of its own chip designs. The foundry offering combines established-node logic and mixed-signal manufacturing with specialty platforms for high-voltage, embedded memory, radio-frequency and power-management applications.

Operates a multinational fab network across Taiwan, Singapore, China and Japan. The pure-play model separates manufacturing from product design, limiting direct competition with customers and centering execution on reliable process platforms and manufacturing choice.

Concentrates development on differentiated specialty processes and selective technology partnerships instead of funding a full independent leading-edge roadmap. Expansion across jurisdictions depends on regulatory conditions, while future process options include collaboration with Intel.

Company facts

CEOJason Wang
ListedSep 19, 2000
ExchangeNYSE
HeadquartersHsinchu City, Taiwan
CountryTaiwan
Employees20,000
CIK0001033767
ISINUS9108734057

Market cap$63.43B
EPS (ttm)$1.05
P/E (ttm)24.11
ROE21.0%
P/B4.52
P/S8.00
Dividend yieldDiv yield1.58%
Beta1.72vs XLK 1.71

Price target$10.20−59.9%Average of 15 analysts
ConsensusHold8 of 15 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 29, 2026KGI SecuritiesUpgrade
Rating: Neutral
Rating: Outperform
May 28, 2026BNP ParibasTarget
Target: $8.60
Target: $10.20
Jan 28, 2026BNP ParibasTarget
Target:
Target: $8.60
Jan 21, 2025CitigroupDowngrade
Rating: Buy
Rating: Sell
Oct 30, 2024JP MorganDowngrade
Rating: Overweight
Rating: Neutral

Next report
Oct 28, 26
in 36 days
EPS estimate
$0.23
Revenue estimate
$2.34B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.10$0.09$0.12$0.20$0.13$0.20$0.54Pending
Estimate$0.15$0.10$0.14$0.12$0.12$0.12$0.16$0.23
Surprise−33.3%−10.0%−14.3%+66.7%+8.3%+66.7%+237.5%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$1.84B$1.78B$1.97B$1.93B$1.98B$1.93B$2.12BPending
Estimate$1.86B$1.75B$1.93B$1.95B$1.94B$1.92B$2.14B$2.34B
Surprise−0.8%+1.4%+2.1%−1.0%+1.8%+0.2%−0.9%
Estimate$0.23
ReportedDue Oct 28, 2026
Estimate$2.34B
ReportedDue Oct 28, 2026
View details

Debt to equity12.20%
Current ratio216.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.91B$1.91B$1.83B$1.86B$1.87B$1.95B$1.93B$2.17B
Net income$457.4M$268.6M$245.8M$281.4M$473.5M$317.8M$511.1M$1.34B
Net margin23.9%14.1%13.4%15.2%25.3%16.3%26.5%61.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$445.7M$377.9M$309.3M$342.0M$351.4M$386.4M$354.6M$470.3M
YoY growth−7.9%−3.8%−16.1%−22.1%−21.1%+2.2%+14.6%+37.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $4.66B · Total debt $1.72B · Total assets $21.05B · Shareholders' equity $14.03B

Revenue
$2.17B
Operating income
$470.3M
Net income
$1.34B

Reported in TWD, converted at the latest exchange rate

View details

Dividend yield
1.58%
Next ex-date
Jul 8, 27
estimated · in 289 days
Annual dividend
$0.40
per share
Schedule
Annual
one payment a year

HistoryDividendAnnual yield

Jun '22Jun '23Jul '24Jun '25Jul '26
Dividend$0.517$0.586$0.4635$0.4833$0.4008
Annual yield6.49%7.26%5.58%6.12%1.62%
Ex-dateJun 21Jun 26Jul 2Jun 24Jul 8
Payment dateJul 21Jul 26Aug 7Jul 23Aug 6
View details

Institutions≈ 7.09%176.87M ADS
389 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.21%5.13M ADS
15 holders · as of Sep 18, 2026
Other≈ 92.70%2.31B ADS
remainder

2.49B ADS (1 ADS = 5 ordinary shares) as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
1.26%31.54M ADSas of Jun 30, 2026
UBS Group AGInstitution
0.47%11.63M ADSas of Jun 30, 2026
Goldman Sachs Group IncInstitution
0.45%11.11M ADSas of Jun 30, 2026
Bank of America Corp /DE/Institution
0.41%10.18M ADSas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
0.34%8.60M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 22, 2026Jen-Tsung Linofficer: Vice President−10,000$163.00
Sep 17, 2026Chitung Liuofficer: CFO & SVP−400,000$145.00
Sep 16, 2026Chitung Liuofficer: CFO & SVP−1,200,000$142.33
Jul 13, 2026Chitung Liuofficer: CFO & SVP−1,900,000$154.89
Jun 30, 2026Che-Jen Huofficer: Vice President−10,000$171.30
View details

  • TSMC (ADR)

    Global foundry leader spanning mainstream and specialty processes

  • GlobalFoundries

    Scaled specialty foundry rival in RF, power, and automotive chips

  • Tower Semiconductor

    Specialty foundry rival in RF, power, sensors, and mixed signal

Compare

CompanyPriceChange
United Microelectronics (ADR)$25.57+0.53%$63.43B24.133.88.0+7.5%
TSMC (ADR)$447.74+0.58%$2.31T32.429.516.4+24.0%
GlobalFoundries$49.20+1.30%$26.65B37.922.93.8+5.8%
Tower Semiconductor$234.64+0.35%$26.38B92.445.915.4+23.7%
Median37.929.515.4+23.7%