UMC has unveiled its financial results for the first half of 2026 and the second quarter. During the first six months, the company's total operating revenue soared to NT$129.77 billion, marking an 11.28% year-on-year (YoY) surge. The net profit attributable to the parent company stood at NT$58.43 billion. In the second quarter alone, total operating revenue reached NT$68.73 billion, experiencing a notable 17.0% YoY increase and a 12.6% rise from the previous quarter. The net profit attributable to the parent company for this quarter was NT$42.26 billion. Wafer shipments saw a 10.6% quarter-on-quarter uptick, accompanied by an 85% capacity utilization rate. As of June 30, the company's asset-liability ratio was reported at 33.34%. The financial report highlights that UMC's revenue for the first half of the year outperformed expectations, showcasing robust profitability and a sound financial framework. Looking ahead, the company intends to implement price hikes ranging from 5% to 10% for select products in the latter half of the year and further broaden the scope of these increases in early 2027. Moreover, UMC's Singapore wafer fabrication plant has successfully delivered its inaugural batch of mass-produced silicon photonics wafers. The company has ambitions to develop the next-generation platform and unveil its proprietary 12-inch silicon photonics platform by 2027. International institutions, including HSBC and UBS, have assigned UMC a 'Buy' rating and adjusted their target prices upward.
