United Microelectronics (UMC) Tops Q3 EPS by 6c, Revenues Beat

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UMC Reports Third Quarter 2020 Results

October 29, 2020 5:21 AM EDT

3Q20 operating income grew 22% QoQ

Company posts 3Q20 net income of NT$9.11 billion or NT$0.75 EPS 

Third Quarter 2020 Overview1:

Revenue: NT$44.87 billion (US$1.54 billion) Gross margin: 21.8%; Operating margin: 15.9% Revenue from 28nm: 14% Capacity utilization rate: 97% Net income attributable to stockholders of the parent: NT$9.11 billion (US$313 million) Earnings per share: NT$0.75; earnings per ADS: US$0.129

TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE: UMC; TWSE:... More