Past, Current and Future Development of UMC

• Main Authors: Liu, Yu-Ling, 劉宥鱗
• Other Authors: Wang, Sue-Fung
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/97712370067541051681

碩士 === 國立交通大學 === 管理學院財務金融學程 === 104 === UMC, an ancestor of Taiwan's semiconductor industry, its history is the most representative evolution in the industrial development process. This article researches UMC’s strategic positioning and business model in every step since UMC was established to understand the impact on the company's operating performance, and chooses TSMC, the industry leader, as the compare object. This article compared UMC’s relevant financial data with TSMC’s and elaborated UMC’s operating history which was divided into three stages (growth stage, decline stage and convergence stage). Although UMC gets the second in the foundry industry, according to financial data, except growth period that UMC kept pace with TSMC, UMC’s performance was relatively far from TSMC in mid- and late stage, even gradually widened the gap. It displayed that the business strategy decision of every stage had a significant impact on the company's subsequent operating performance.