United Microelectronics Corporation announced its consolidated operating results for the third quarter of 2026 on October 28, 2026, reporting consolidated revenue of NT$74.24 billion. CEO Jason Wang stated that healthy demand across all market segments drove wafer shipments to more than 1.2 million 12-inch equivalent wafers.
Third Quarter 2026 Financial Results
UMC reported a third-quarter consolidated revenue of NT$74.24 billion (US$2.32 billion), marking an 8.0% increase from the second quarter of 2026 and a 25.6% increase compared to a year ago. Net income attributable to the shareholders of the parent reached NT$16.43 billion (US$514 million), with earnings per ordinary share of NT$1.32 and earnings per ADS of US$0.206.
Consolidated gross margin for the period stood at 34.0%, while the operating margin was 25.1%.
Capacity and Technology Performance
According to UMC, the overall fab utilization rate reached 92% in the third quarter, with several 12-inch fabs operating at full capacity alongside a strong recovery in 8-inch operations. Wafer shipments grew by 7.3% to exceed 1.2 million 12-inch equivalent wafers.
The 22nm technology node reached a record high, accounting for 18.3% of total wafer sales as customers taped out new products such as display drivers, automotive radar, and Wi-Fi ICs. Total revenue from 22/28nm stood at 35%.
Capital Budget and Fourth Quarter Outlook
UMC announced that its Board of Directors approved a capital budget execution with a projected monetary amount of NT$ 102,781 million, described by CEO Jason Wang as an additional capital expenditure budget of approximately US$3.2 billion to accelerate expansion schedules.
For the fourth quarter of 2026, UMC expects positive demand momentum to sustain stable shipments and utilization rates in the low-90% range, with full-year 2026 CAPEX projected at US$2.0 billion.
Key facts and where they come from
- UMC reported third-quarter 2026 consolidated revenue of NT$74.24 billion.
Third quarter consolidated revenue was NT$74.24 billion, increasing 8.0% from NT$68.73 billion in 2Q26.
- The overall fab utilization rate reached 92% in the third quarter.
Our overall fab utilization rate reached 92%, with several 12-inch fabs operating at full capacity while 8-inch operations also saw a strong recovery.
- UMC's Board of Directors approved a capital budget execution of NT$ 102,781 million.
Projected monetary amount of the investment: NT$ 102,781 million
- Net income attributable to shareholders of the parent was NT$16.43 billion.
Net income attributable to the shareholders of the parent was NT$16.43 billion, with earnings per ordinary share of NT$1.32.
