Board approves UMC dividend
By Lisa Wang / Staff reporter
United Microelectronics Corp (UMC, 聯電), the world’s No. 3 contract chipmaker, yesterday said that its board of directors has approved a plan to pay a cash dividend of NT$1.6 per share this year, up from NT$0.75 last year and the highest in 21 years.
Based on the plan, UMC would pay NT$19.88 billion (US$702.32 million) in cash dividends to shareholders this year.
The payout ratio was about 66 percent, as the company earned NT$2.42 per share last year.
The logo of United Microelectronics Corp is pictured at the company’s headquarters in Hsinchu on June 12, 2018.
Taiwan shares recoup early losses to end up; IC sector falls
02/23/2021 05:43 PM
CNA file photo
Taipei, Feb. 23 (CNA) Shares in Taiwan closed slightly higher Tuesday, recovering from early losses caused by selling in large-cap semiconductor stocks, in a market awash in liquidity, dealers said.
While contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) led the integrated circuit sector to move lower throughout the session, buying rotated to old economy and financial stocks, as investors with large funds sought a safe haven to park their money, dealers added.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 33.24 points, or 0.20 percent, at 16,443.40, after moving between 16,211.75 and 16,467.75. Turnover totaled NT$367.03 billion (US$12.66 billion) during the session.
Semiconductor stocks under pressure after U.S. losses
02/23/2021 11:25 AM
CNA file photo
Taipei, Feb. 23 (CNA) Taiwan s semiconductor stocks came under pressure Tuesday morning after similar stocks fell sharply in the United States overnight at a time of rising bond yields, dealers said.
Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) led the downturn on the local market after its American depositary receipts (ADRs) fell 2.26 percent in the U.S. on Monday, they said.
Old economy stocks benefited from rotational buying in a market that is still highly liquid, helping the weighted index, the Taiex, offset the adverse affect of the tumbling tech stocks, dealers said.
Taiwan s semiconductor industry sets new output milestone in 2020
02/22/2021 06:48 PM
CNA file photo
Taipei, Feb. 22 (CNA) The output value of Taiwan s semiconductor industry in 2020 topped NT$3 trillion (US$107.53 billion) for the first time ever, and it is expected to build on that performance this year, a local technology institute said Monday.
In 2020, the output of the domestic industry jumped by 20.9 percent year-on-year to reach NT$3.22 trillion, outperforming its global rivals, according to the Industry, Science and Technology International Strategy Center under the Industrial Technology Research Institute.
The global semiconductor market grew 6.8 percent in 2020 to US$440.4 billion, boosted by strong demand from the digital transformation and growing stay-at-home economy seen during the COVID-19 pandemic, the center said.
Taiwan chip industry sets record production value
Staff writer, with CNA
The production value of Taiwan’s semiconductor industry grew 20.9 percent year-on-year to NT$3.22 trillion (US$113.6 billion) last year, and it is expected to build on that performance this year, the Industrial Technology Research Institute’s (工研院) Industry, Science and Technology International Strategy Center said yesterday.
The global semiconductor market grew 6.8 percent to US$440.4 billion last year, boosted by robust demand from the digital transformation and growing stay-at-home economy seen during the COVID-19 pandemic, the center said.
That strength is likely to carry over to this year, leading to an 8.6 percent increase in domestic output to a new record NT$3.49 trillion, the center forecast.