2303
聯華電子
Suppliers
UMC
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Competitors
UMC reported Q2 2026 revenue of NT$129.8B with operating income of NT$26.2B (operating margin ~20.2%). Net income after tax reached NT$58.3B — more than doubling operating profit — driven by NT$35.6B in non-operating income, likely reflecting large equity-method gains from investees. EPS of NT$4.68 is notably elevated for UMC and stands out within the foundry/semiconductor peer group, where non-operating items of this magnitude are uncommon in a single quarter.
Notes
World's third-largest pure-play foundry by revenue, focused on mature-node specialty processes including RF, power management, and display driver ICs rather than leading-edge logic. Exited sub-14nm R&D in 2018 to concentrate on profitable specialty nodes; faces intensifying competition from Chinese foundries (SMIC, Hua Hong) in the mature-node segment amid post-2023 demand softness.
UMC's board of directors passed a resolution to release certain managers from their non-compete obligations, which under Taiwan's Company Act ordinarily bar executives from engaging in competing business activities without explicit board approval. This type of waiver is typically granted when an executive is departing or being permitted to take on outside roles in related industries. Investors should consult the full filing on MOPS to identify which individuals are affected and the scope of the exemption.