UMC’s net profit attributable to the parent company in the first quarter was RMB 3.4 billion (NTD, the same afterwards). The quarterly increase was 92%, and the net profit per share was RMB 0.28, which was much higher than the market’s expected price of RMB 0.1. However, market players also believe that competition in the market Under the expansion, it is an important direction for UMC to enhance its management and competitiveness in the future.
Market players believe that the current competition for OEMs at 28nm is fierce. On the one hand, the price of SMICs in mainland foundries is favorable. On the other hand, TSMC 28nm has continued to cut prices due to the recent depreciation of equipment, and UMC will face a 12-inch wafer foundry market in the future. Competition is required to compete, and foreign investment is also expected. In the future, the price competition at 65nm, 40nm, and 28nm will be more intense. UMC faces market competition. Strengthening the board of directors and enhancing the management market believe that it is also one of the adjustment directions.
UMC will fully re-elect directors this year
UMC’s general meeting of shareholders will be re-elected on June 12 this year. It is expected that nine directors will be elected, including four independent directors. This time, the number of outside directors will be increased to six seats, accounting for 2/3 of the total. UMC stated that it hopes to borrow Increase corporate governance by adding external directors.
The candidates for the list of directors of UMC are as follows: Hong Jiacong, Jianshan Jie, Wang Shi, and Liu Qidong are not included in this shortlist due to a reduction in the number of internal directors.
In the candidate for the independent director, the former independent directors Huang Zhenyi and Zhu Wenyi will re-elect. The head of the front desk of Qingda University Liu Yaolang will be transferred from the sole director to the director.
In addition, the new external director was Xu Juemin, who was the first to appear in the list of independent directors of UMC; Chen Lijun, former president of Taiwan’s Tsinghua University, was also an independent candidate for the UMC.
UMC pointed out that Taiwan’s National Tsing Hua University and Jiaotong University are located in the vicinity of the Hsinchu Science and Technology Industrial Park. It is also an important university for the cultivation of scientific and technological talents in Taiwan. The resigned heads of the two schools have always been independent candidates for UMC, hoping to use their expertise in high technology to assist in the promotion of the company. management.
Liu Qidong stated that the purpose of improving the number of outside directors is to continuously improve corporate governance because these outside directors and independent directors do not hold positions in UMC, and they are more aloof and neutral.
He said that currently among listed companies of Taiwan stocks, there are very few companies whose external directors account for as much as two-thirds of the board seats. UMC wants to increase the ratio of outside directors and hopes to generate more equity for shareholders and the company's operations. Positive effect.