Ted Lin's questions to United Microelectronics Corp (UMC) leadership • Q1 2025
Question
Ted Lin from HSBC asked about the potential impact of ongoing U.S.-China tensions on UMC's China fab. He specifically questioned whether foreign customers might reallocate orders away from China and if local Chinese customers might shift orders to domestic foundries.
Answer
CFO Chi-Tung Liu explained that UMC mitigates geopolitical risk by strictly adhering to all laws and export control regulations. He highlighted the advantage of UMC's geographically diversified production base, noting that the China fab is currently enjoying higher-than-average utilization while the company is also seeing strong demand for capacity in its Singapore, Taiwan, and Japan fabs. This diversification allows UMC to accommodate various customer needs as they arise.