UMC has unveiled its financial results for the fourth quarter of 2024, revealing a profit of NT$8.5 billion for the period. This marks a 41% decline from the preceding quarter and a 35.6% drop compared to the same quarter last year, establishing a new low since the third quarter of 2020. Earnings per share stood at NT$0.68, accompanied by a gross margin of 30.4% and an operating profit margin of 19.8%. Despite the performance setback, Wang Shi, UMC's co-CEO, emphasized that the fourth quarter's outcomes met expectations, with wafer shipments and capacity utilization exceeding projections slightly. For the entire year of 2024, revenue grew by 4.4% compared to 2023, primarily fueled by steady demand growth in communications, consumer electronics, and computing sectors. Notably, 22/28-nanometer products continued to be the primary revenue generator, contributing an increased share of 15% in 2024.