
UMC 1Q25: Revenue down -5% q/q and up 2% y/y to $1.74B. GM down by 137bps to 26.7%. Depreciation costs cut into GM.
Wafer shipments: 910k (12''); flat q/qWafer ASP: $1820 (-5% q/q) CY24 capex: $2.9B CY25 capex: $1.8BSource: Sravan Kundojjala
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