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United Microelectronics' Books NT$42.3 Billion Profit in Q2

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United Microelectronics (TPE:2303) reported a net profit attributable to parent of NT$42.3 billion, or NT$3.39 per share, in the second quarter.

Consolidated revenue jumped 17% year over year to NT$68.7 billion, according to a Wednesday release.

The company said wafer shipments grew about 11% quarter over quarter, driven by strong demand for communications and consumer electronics, lifting capacity utilization to 85%. Revenue from 22/28-nanometer processes reached a record high, the filing said.

UMC said it expects high single-digit shipment growth in the third quarter, supported by strong demand for computers, communications, and consumer electronics, with 8-inch capacity utilization set to improve, while 12-inch utilization remaining healthy.

The company also raised its 2026 capital expenditure to $2 billion to support phased capacity expansion in Singapore and Taiwan and capture future AI-driven demand, it said.

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