Affected by factors such as inflation, wafer foundries are facing the pressure of customer inventory adjustment, UMC (2303-TW) (UMC-USA) In the third quarter, the price stopped rising for seven consecutive years. Since mid-June, the share price has dropped frequently. After the sale of nearly 500 shares in the second quarter by 6 vice presidents or associate level executives, 2 vice presidents also sold out in August. Holding the shares in hand, adjust the number of sheets to 280.
According to data from the Public Information Observatory, UMC has a total of 6 senior executives at the VP or Associate level in May and June.After centralized market adjustment to hold nearly 500 shares, another VP-level executive left the his company in August.
Judging by the latest statistics released in August, Deputy Director General Zhang Zhenlun was released 180 and Deputy Director General Chen Jinshuang also released 100.
UMC estimates that wafer and ASP shipments will remain stable in US dollars in the third quarter, the capacity utilization rate will remain at 100%, and the gross profit margin will be estimated at 44-46%, which will decrease from the second quarter. Under the ASP flat estimate, the market also interprets that UMC foundry prices have not risen much and the third quarter will say goodbye to the trend of seven consecutive quarters of price increases.
The UMC said that the semiconductor industry has gone through the super cycle of the past two years and is now entering a period of inventory adjustment. However, the capacity utilization rate in the fourth quarter is expected to be at a level. healthy and the prices will remain stable.
UMC’s turnover in August was 25.346 billion yuan, a monthly increase of 2.09% and an annual increase of 34.89%. It exceeded 25 billion yuan for the first time and reached a new high for 11 consecutive months; the accumulated turnover in the first eight months was 185.651 billion yuan, an annual increase of 37.36%.
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