United Microelectron Sp Adr Watchlist
UMC (UMC.US, 2303.TT): 1Q22 Earnings Preview- Continuous Growth
197 Views, 19 Jan 2022 16:48
- It is continuing to raise wafer price, and revenue/GM to reach ~NT$58billion/~39% and NT$60billion/~41.5% in 4Q21/1Q22 respectively.
- It will plan to add 5-8k 28nm production capacity in 12A Tainan during 2H22, and we consider it is to secure customers’ demands.
- We do not see any sign to deteriorate for the 2nd half at this moment.