Taiwan-based United Microelectronics Corp (NYSE:UMC), a prominent global semiconductor foundry, reported fiscal fourth-quarter results on Wednesday.
For the quarter, the company reported revenue of $1.97 billion (61.81 billion New Taiwanese dollars), marking a 2.4% decrease year-on-year.
The figure topped the analyst consensus estimate of $1.88 billion.
On a sequential basis, revenue saw a slight uptick of 4.5%.
Earnings per American Depositary Share (ADS) came in at 13 cents, also topping the analyst consensus of 12 cents.
Advanced Node Contribution and Margins
The company reported solid progress in its advanced process nodes, with 22nm and 28nm technologies contributing 36% of wafer revenue, up from 34% year-over-year and 35% in the prior quarter.
Revenue from 40nm technology rose to 17% from 16% a year earlier, down from 18% in the third-quarter of 2025.
Capacity utilization also strengthened, improving to 78% from 70% a year ago and remaining firm since the previous quarter.
The gross margin …