United Microelectronics Corp at JPMorgan Taiwan CEO-CFO Conference Transcript
Hello, everyone, and thank you for taking the time to join us today. My name is Agnes from UMC's Investor Relations team. Let me start with a brief summary of our 2025 financial results and our guidance for first quarter this year.
In Q4, our revenue increased by 4.5% sequentially to TWD61.8 billion. Gross margin came in at 30.7%, and operating margin was 19.8%. Overall utilization rate was approximately 78%. For the full year, UMC delivered solid performance in 2025, with wafer shipments increasing by 12.3% year-on-year.
Full-year 2025 earnings per share was TWD3.34. For first quarter guidance, we expect wafer shipments to remain flat, and the blended ASP in US dollar term to remain firm. Gross margin is expected to be in the high 20% range and capacity utilization is expected to be in the mid 70% range. Our 2026 CapEx is budgeted at around USD1.5 billion.
And that's all for my brief update. Please feel free to ask any questions.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
