United Microelectronic Corp. (UMC) Boosts Q3 Foundry Segment Gross Revenue Outlook

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UMC Provides Revised Third Quarter Earnings Guidance

July 29, 2015 8:24 AM EDT

TAIPEI, Taiwan, July 29, 2015 /PRNewswire/ -- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC"), a leading global semiconductor foundry, today issued an update on its guidance for the third quarter of 2015.

Based on its 3Q 2015 outlook, UMC expects foundry segment gross profit margin to be in the high-teens percentage range, compared to its previously stated guidance of mid-teens percentage range in the company's earlier 2Q 2015 earnings announcement.

About UMC

UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry that... More

UMC Reports Second Quarter 2015 Results

July 29, 2015 4:59 AM EDT

TAIPEI, Taiwan, July 29, 2015 /PRNewswire/ --

Second Quarter 2015 Overview[1]:

Revenue: NT$38.01 billion (US$1.23 billion) Gross margin: 22.9%; operating margin: 10.2% Foundry revenue from advanced nodes: 11% from 28nm, 22% from 40nm Foundry capacity utilization rate: 94% Net income attributable to the stockholders of the parent: NT$4.60 billion (US$149 million) Earnings per share: NT$0.37; earnings per ADS: US$0.060

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its... More