United Microelectronics Corporation (UMC), a prominent chipmaker, has announced that, in spite of obstacles like memory chip supply deficits and geopolitical repercussions, the market demand persists with strong resilience. Consequently, the company has laid out plans to implement price increases in the latter half of this year. During the first quarter, UMC's revenue soared to NT$61.04 billion (equivalent to roughly US$1.93 billion), outstripping expectations by US$10 million and marking a 5.5% upswing on a year-on-year basis. Moreover, its net profit witnessed a substantial 108% year-on-year surge, reaching NT$16.17 billion. As the company steps into the second quarter, there has been a resurgence in demand within the communications sector. Meanwhile, the computer, consumer electronics, and industrial markets continue to exhibit robust demand, with wafer shipments projected to maintain their strong momentum.