United Microelectronics delivered strong third-quarter results characterized by a significant recovery in utilization and record wafer shipments. Revenue grew 8.0% sequentially and 25.6% year-over-year, driven by healthy demand across all market segments and record-breaking performance in the 22/28nm technology nodes. The company's expansion remains on track, with management securing board approval for an additional US$3.2 billion capital budget to support long-term capacity requirements in Singapore and Tainan.
Key Highlights
- Capacity utilization reached 92% in the quarter, with several 12-inch fabs operating at full capacity while 8-inch operations saw a strong recovery.
- The 22/28nm technology nodes accounted for 35% of total wafer sales, with 22nm revenue hitting a record 18.3% share.
- Wafer shipments reached a record high of more than 1.2 million 12-inch equivalent wafers, representing 7.3% sequential growth.