Jason Wang

Jason Wang serves as Co-President of United Microelectronics Corporation (UMC), the world's third-largest pure-play semiconductor foundry after TSMC and Samsung Foundry. Based in Taiwan, UMC specializes in mature-node manufacturing at 28nm and above — the semiconductor process technologies used in automotive microcontrollers, power management ICs, display drivers, industrial sensors, and IoT devices. While TSMC dominates leading-edge manufacturing (3nm, 5nm for smartphones and AI chips), UMC has strategically focused on mature nodes where demand is steady and growing. The global chip shortage of 2021-2022 demonstrated the critical importance of mature-node capacity — car factories shut down worldwide due to shortages of simple chips that UMC manufactures. UMC has invested in expanding capacity through its Singapore fab (Fab 12i) and a joint venture with Intel in Israel. Key stock drivers include mature-node semiconductor demand cycles, automotive and industrial chip demand, capacity utilization rates, average selling price trends, competition with GlobalFoundries and Chinese foundries, TSMC pricing dynamics (which affect industry-wide pricing), geopolitical considerations around Taiwan, and capital expenditure plans for capacity expansion.