United Microelectronics Corporation [NYSE: UMC] has disclosed the results of its January 2021 sales. Taiwanese chipmaker has reported that its January net sales were NT$15.53B represent an increase of +10.21% Y/Y. In the earlier month, the firm described its Q4 results with a revenue increase of 8.2% Y/Y, achieving $1.59B and EPS of $0.16.
Currently, the chipmakers are striving to meet the needs of global clients as the carmaker are experiencing trouble because of the shortage. The firms have informed the carmakers that the supply may take more time as all the firms are endeavoring and utilizing their capacities to meet the global needs.
Shares of United Microelectronics Corporation [NYSE: UMC] stock climbed 1.80% at $9.62 during the trading session of Friday. The firm has reported the trading volume of 6.53 million as compared to the average volume of 6.40 million. Looking at its 52-weeks low and high range, it has reported the 52-weeks low range of $2.10 and a high range of $10.61. Its shares moved up 359.19% during the 52-weeks low and moved down -9.33% during the 52-weeks high.
Turing our focus towards its profitability, it has return on investment, assets, and equity of 1.80%, 4.30%, and 7.50%. Its Gross Margin is 19.10%, Profit Margin is 9.40%, and Operating Margin is 8.40%. United Microelectronics has total market capitalization of $23.08 billion at the time of writing.
United Microelectronics also disclosed that it is planning to make an investment of $1.5 billion on new equipment in the following year. This investment represents an increase of 50% as the firm has spent $1 billion in the preceding year.