United Microelectronics Management
Management criteria checks 2/4
United Microelectronics' CEO is Jason S. Wang, appointed in Feb 2026, has a tenure of less than a year. total yearly compensation is NT$98.92M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth NT$4.21B. The average tenure of the management team and the board of directors is 3.2 years and 4.8 years respectively.
Key information
Jason S. Wang
Chief executive officer
NT$98.9m
Total compensation
| CEO salary percentage | 7.00% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 3.2yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
2303: AI Photonics Progress Will Be Outweighed By Cautious Share Buyback Execution
Analysts have increased their fair value estimate for United Microelectronics from NT$62.05 to NT$74.24. This change reflects updated assumptions for slightly higher discount rates, stronger revenue growth, modestly lower profit margins, and a higher future P/E multiple.
2303: AI Data Center Photonics Partnerships Will Support Higher Profitability
Analysts have slightly trimmed their NT$ price target on United Microelectronics, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions that together point to a more balanced risk and return outlook for the stock. What's in the News The board is scheduled to review the Q1 2026 consolidated financial report and other items at a meeting on April 29, 2026, which may shape upcoming disclosures and guidance (company board agenda).2303: AI Data Center And Automotive Platforms Will Support Higher Profitability
Analysts have adjusted their price target for United Microelectronics to NT$95 from NT$94, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News HyperLight, United Microelectronics, Wavetek Microelectronics, and Jabil announced a collaboration to support thin film lithium niobate photonics for hyperscale AI data center interconnects, combining foundry and high volume manufacturing capabilities for next generation optical modules at data center scale (Key Developments).2303: AI Photonics And Auto Partnerships Will Support Steady Long Term Returns
Analysts have nudged their price target for United Microelectronics higher to reflect a revised fair value estimate of NT$62.05, supported by updated assumptions on discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News HyperLight, United Microelectronics, Wavetek Microelectronics, and Jabil agreed to collaborate on deploying thin film lithium niobate photonics for hyperscale AI data center interconnects.2303: Auto Partnerships And New Leadership Will Support Steady Long Term Returns
Analysts have raised their price target for United Microelectronics to NT$61.32 from NT$60.50, reflecting updated assumptions around revenue growth, profit margins, discount rates and future P/E. What's in the News The Board of Directors approved the appointment of Co President Jason Wang as the new Chief Executive Officer, signaling a leadership change at the top level of the company (Key Developments).2303: Automotive Grade Platform Will Support Higher Profitability Expectations
Analysts have revised their fair value estimate for United Microelectronics from NT$57.15 to NT$94.30 as they incorporate updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News UMC and Silicon Storage Technology completed qualification and released to production SST's embedded SuperFlash Gen 4 with automotive grade 1 capability on UMC's 28HPC+ process, targeting automotive controllers and offering a cost focused eNVM option on 28nm HKMG (Key Developments).2303: Auto Chip Partnerships Will Support Steady Returns Despite Measured Outlook
Analysts have lifted their fair value estimate for United Microelectronics from US$48.31 to US$60.50. This reflects updated views on discount rate assumptions, revenue growth, profit margins, and future P/E levels.2303: Weaker Revenue Outlook Will Offset Manufacturing Wins And Pressure Returns
The analyst price target for United Microelectronics has shifted from US$46.98 to US$48.31. This change reflects updated assumptions from analysts around revenue growth, profit margins, the discount rate, and future P/E levels.
2303: Weaker Revenue Outlook Will Likely Restrain Future Share Returns
Analysts have lowered their price target on United Microelectronics to US$31.50. This reflects updated assumptions that combine a softer revenue outlook with a higher profit margin profile and a reduced forward P/E multiple.2303: Higher Required Returns Will Likely Pressure Future Share Performance
Narrative Update The analyst price target for United Microelectronics has been revised down by approximately $3 to $31.50, as analysts factor in a slightly higher discount rate, despite stronger expectations for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Signed a Memorandum of Understanding with Polar Semiconductor to develop scalable U.S. based 8 inch wafer production in Minnesota.2303: New Process Platform and Margins Will Support Digital and Automotive Demand
Analysts have raised their price target for United Microelectronics from $45.87 to $46.98. This change is attributed to updated expectations for stronger revenue growth and improved profit margins.
UMC's Tactical Expansion And Innovation Gear Up For Strong Market Growth
Strong demand for specialty technology solutions may boost revenues and market share, with new projects enhancing market position and potential earnings growth.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | NT$50b |
| Dec 31 2025 | n/a | n/a | NT$42b |
| Sep 30 2025 | n/a | n/a | NT$40b |
| Jun 30 2025 | n/a | n/a | NT$40b |
| Mar 31 2025 | n/a | n/a | NT$45b |
| Dec 31 2024 | NT$99m | NT$7m | NT$47b |
Compensation vs Market: Jason S.'s total compensation ($USD3.15M) is above average for companies of similar size in the TW market ($USD506.70K).
Compensation vs Earnings: Insufficient data to compare Jason S.'s compensation with company performance.
CEO
Jason S. Wang (62 yo)
Mr. Jason S. Wang is Chief Executive Officer of United Microelectronics Corporation from February 2026 and was its Co-President since June 14, 2017 until February 2026. He serves as a Representative Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Chief Strategy Officer | 19.9yrs | NT$143.73m | 0.48% NT$ 8.8b | |
| CEO & Representative Director | less than a year | NT$98.92m | 0.23% NT$ 4.2b | |
| Chairman of Unimicron Technology | less than a year | NT$143.86m | 0.16% NT$ 2.8b | |
| President | less than a year | no data | 0.067% NT$ 1.2b | |
| CFO, Senior VP | 20.6yrs | no data | 0.033% NT$ 601.6m | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President & General Counsel | 2.6yrs | no data | 0.00025% NT$ 4.5m | |
| Senior Vice President of global sales | 6.3yrs | no data | 0.028% NT$ 512.9m | |
| VP & Chief Human Resources Officer | 15.3yrs | no data | 0.020% NT$ 359.1m | |
| Chief Information Security Officer & Senior VP of Global Fab Operations | 3.3yrs | no data | no data | |
| Chief Internal Auditor & Division Director | 3.2yrs | no data | no data | |
| CISO & SVP | no data | no data | 0.029% NT$ 532.7m |
Experienced Management: 2303's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Chief Strategy Officer | 19.9yrs | NT$143.73m | 0.48% NT$ 8.8b | |
| CEO & Representative Director | 10.9yrs | NT$98.92m | 0.23% NT$ 4.2b | |
| President | less than a year | no data | 0.067% NT$ 1.2b | |
| Independent Director | 7.9yrs | NT$5.55m | no data | |
| Independent Director | 2yrs | NT$5.25m | no data | |
| Independent Director | 2yrs | NT$5.25m | 0.00080% NT$ 14.5m | |
| Independent Director | 7.9yrs | NT$5.55m | no data | |
| Independent Director | 4.8yrs | NT$5.55m | no data | |
| Independent Director | 4.8yrs | NT$5.50m | no data |
Experienced Board: 2303's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/30 09:06 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United Microelectronics Corporation is covered by 40 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brett Simpson | Arete Research Services LLP |
| Andrew Lu | Barclays |
| Mark Li | Bernstein |