Taiwan-based semiconductor foundry United Microelectronics Corporation (UMC) has reported a 17% increase in Year-on-Year (YoY) second quarter revenue. Second quarter consolidated revenue was NT$68.73 billion (USD 2.1 billion), increasing 12.6% from NT$61.04 billion (USD 1.9 billion) in 1Q26. Net income attributable to the shareholders of the parent was NT$42.26 billion (USD 1.3 billion), with earnings per ordinary share of NT$3.39 (about USD 0.10), the company said. “Revenue from our 22/28nm business continues to set record highs, with 22nm revenue representing 17.5% of second-quarter sales.” The plan will be executed in phases and, as a result, the 2026 capital expenditure budget will be revised upward to USD 2 billion, Wang said.