On September 10, United Microelectronics rose 3.05% in regular trading, trading at $22.475/share, with turnover of $122 million.
On the news front, United Microelectronics recently released its unaudited August revenue data showing net sales of NT$25.045 billion, a 30.71% year-over-year increase from NT$19.16 billion in the same period last year. The growth rate accelerated significantly from July's 19%, marking a continued upward trajectory. Cumulatively, the first eight months of consolidated net sales reached NT$178.659 billion, up 14.66% year-over-year.
Additionally, the company completed a NT$4.79 billion domestic unsecured convertible bond issuance, with proceeds earmarked for capital expenditure and capacity expansion. United Microelectronics is also collaborating with Intel on 12-nanometer process development, reinforcing its medium- to long-term growth thesis. The board has further approved raising up to $1.8 billion through overseas convertible bonds to fund machinery equipment purchases and factory construction.
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