United Microelectronics Corp (UMC) Q2 2026 Earnings Call Highlights: Strong Revenue Growth Amid ...

United Microelectronics Corp (UMC) reported strong Q2 2026 results, with a 12.6% quarter-over-quarter revenue growth to NT$68.7 billion and a gross margin increase to 32.5%. Wafer shipments also rose by 10.6%, driven by strong demand in communication and consumer sectors, and the company achieved the first mass production delivery of a 12-inch photonics IC. Despite these positives, UMC faces challenges such as higher depreciation expenses, weak consumer electronics demand, and a slow ramp-up in AI-related revenue, leading to an increased capital expenditure budget of US$2 billion for 2026.