Latest news with #AREA
Yahoo
15 hours ago
- Business
- Yahoo
The AREA Welcomes ShapesXR as a Member
From Idea to prototypes ShapesXR BOSTON, MA, July 30, 2025 (GLOBE NEWSWIRE) -- The Augmented Reality for Enterprise Alliance (AREA) today announced that ShapesXR has joined the consortium. ShapesXR is an enterprise-focused, collaborative design platform built to accelerate 3D prototyping and spatial design across organizations. Used by industry leaders such as Mayo Clinic, Mondelez, Chanel, and Microsoft, it enables cross-functional teams to rapidly ideate, iterate, and communicate spatial concepts, including VR training scenarios and AR remote assistance. By bridging the gap between design and development, ShapesXR helps enterprises reduce time-to-market, minimize costly misalignments, and align stakeholders more effectively around shared visions. As part of our commitment to advancing enterprise AR, ShapesXR has joined the AREA . The AREA provides a highly curated network of AR experts, structured engagement opportunities through workshops and working groups, and a platform to exchange best practices in human-centered design and spatial computing. It also offers valuable visibility for our solutions among decision-makers and thought leaders, as well as access to a wide range of member-exclusive resources. Joining the AREA reinforces our focus on shaping the future of immersive collaboration for the enterprise sector. 'By joining the AREA, we aim to contribute to the advancement of enterprise AR by supporting the creation of high-quality spatial content. As a creative tool purpose-built for designing XR experiences, ShapesXR is committed to empowering teams to bring their ideas to life and shaping the standards for immersive collaboration across industries.' 'We are proud to announce ShapesXR as a member of the AREA,' said Mark Sage, executive director of AREA. 'Their experience with enterprise-focused solutions for 3D prototyping and spatial design is an excellent addition to the AREA as we work on enterprise AR adoption.' About ShapesXR ShapesXR is an advanced, collaborative design platform that allows users to prototype products and experiences in 3D within minutes. Its core mission is to democratize 3D content creation, enabling designers, developers, and business stakeholders to ideate, prototype, and communicate in 3D-without requiring prior experience in game engines or coding. For more information, visit About the AR for Enterprise Alliance (AREA) The AR for Enterprise Alliance (AREA) is the only global membership-funded alliance helping to accelerate the adoption of enterprise AR by supporting the growth of a comprehensive ecosystem. The AREA accelerates AR adoption by creating a comprehensive ecosystem for enterprises, providers, and research institutions. AREA is a program of Object Management Group® (OMG®). For more information, visit the AREA website. Object Management Group and OMG are registered trademarks of the Object Management Group. For a listing of all OMG trademarks, visit All other trademarks are the property of their respective owners. Attachment ShapesXR CONTACT: Karen Quatromoni The AREA 978-855-0412 Karen@ in to access your portfolio
Business Wire
15 hours ago
- Business
- Business Wire
UMC Reports Second Quarter 2025 Results
TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ('UMC' or 'The Company'), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2025. Second quarter consolidated revenue was NT$58.76 billion, increasing 1.6% from NT$57.86 billion in 1Q25. Compared to a year ago, 2Q25 revenue increased 3.4%. Consolidated gross margin for 2Q25 was 28.7%. Net income attributable to the shareholders of the parent was NT$8.90 billion, with earnings per ordinary share of NT$0.71. Jason Wang, co-president of UMC, said, 'In the second quarter, the utilization rate increased to 76%, as wafer shipments grew 6.2% QoQ, primarily driven by communications in imaging signal processors, NAND controllers, WiFi and LCD controllers. While we experienced an increase in the overall utilization and a growth of our 22/28nm portfolio, the unfavorable foreign exchange movement of the NT dollar capped our gross margin to 28.7% by nearly 3 percentage points. Revenue from our 22/28nm portfolio continued to grow sequentially, now accounting for 40% of total sales, a record high in both percentage and absolute dollar terms. Our industry-leading 22/28nm solutions continue to win adoption by customers, and we expect to see further market share gains in wireless communications over the coming quarters. We have always believed that, with the right differentiation, 22/28nm is a strong and long-lasting node with a robust product pipeline. In addition, the new Phase 3 facility at our Singapore Fab 12i, set to start production in 2026, will enable UMC to better serve customers seeking diversified manufacturing for enhanced supply chain resilience.' Co-president Wang added, 'Looking ahead to the third quarter, we expect a mild increase in wafer shipments. However, adverse foreign exchange movement will lead to a decline in NT dollar revenue. We are closely monitoring the near-term uncertainties and risks as the markets anticipate US tariff policies. To navigate macro and geopolitical headwinds, including foreign exchange risks, UMC will continue to actively manage our foreign exchange exposure and maintain financial flexibility to enhance our financial structure and business resilience.' Co-president Wang said, 'UMC was the recipient of two prestigious accolades at the 2025 Asia Responsible Enterprise Awards (AREA), organized by Enterprise Asia. Among the honors, UMC Co-President and Chief Sustainability Officer SC Chien received an award in the Responsible Business Leadership category, recognizing his leadership in advancing both business operations and sustainable development at UMC. In addition, UMC received the Corporate Sustainability Reporting Award for the company's longstanding commitment to transparency and integrity in ESG disclosures.' Second quarter operating revenues grew 1.6% sequentially to NT$58.76 billion. Revenue contribution from 40nm and below technologies represented 55% of wafer revenue. Gross profit increased 9.3% QoQ to NT$16.88 billion, or 28.7% of revenue. Operating expenses increased 5.6% to NT$6.47 billion. Net other operating income decreased 11.5% to NT$0.41 billion. Net non-operating expenses totaled NT$0.67 billion. Net income attributable to shareholders of the parent amounted to NT$8.90 billion. Earnings per ordinary share for the quarter was NT$0.71. Earnings per ADS was US$0.121. The basic weighted average number of shares outstanding in 2Q25 was 12,484,877,493, compared with 12,484,780,989 shares in 1Q25 and 12,414,189,313 shares in 2Q24. The diluted weighted average number of shares outstanding was 12,534,082,055 in 2Q25, compared with 12,579,207,466 shares in 1Q25 and 12,529,942,186 shares in 2Q24. The fully diluted shares counted on June 30, 2025 were approximately 12,534,367,000. Detailed Financials Section Operating revenues increased to NT$58.76 billion. COGS decreased 1.3% QoQ to NT$41.88 billion. Gross profit increased 9.3% to NT$16.88 billion. Operating expenses grew 5.6% QoQ to NT$6.47 billion, as G&A increased 9.1% to NT$1.68 billion, R&D increased 5.8% to NT$4.19 billion, while Sales & Marketing decreased 4.5% to NT$0.59 billion. Net other operating income was NT$0.41 billion. In 2Q25, operating income increased 10.6% QoQ to NT$10.82 billion. Net non-operating expenses in 2Q25 was NT$0.67 billion, primarily reflecting the NT$1.28 billion in exchange loss, offset by the NT$0.33 billion in net investment gain, and the NT$0.31 billion in net interest income. Non-Operating Income and Expenses (Amount: NT$ million) 2Q25 1Q25 2Q24 Non-Operating Income and Expenses (666 ) (439 ) 2,529 Net Interest Income and Expenses 309 219 701 Net Investment Gain and Loss 326 (769 ) 1,440 Exchange Gain and Loss (1,280 ) 115 407 Other Gain and Loss (20 ) (5 ) (19 ) Note：Sums may not equal totals due to rounding. Expand In 2Q25, cash inflow from operating activities was NT$22.10 billion. Cash outflow from investing activities totaled NT$9.44 billion, which included NT$8.37 billion in capital expenditures, resulting in free cash flow of NT$13.73 billion. Cash inflow from financing activities was NT$1.15 billion, primarily from NT$5.20 billion in bonds issued, offset by a NT$3.77 billion decreased in bank loans. Net cash flow in 2Q25 amounted to NT$5.64 billion. Over the next 12 months, the company expects to repay NT$3.72 billion in bank loans. Cash and cash equivalents increased to NT$111.99 billion. Days of inventory decreased 1 day to 76 days. Current Assets (Amount: NT$ billion) 2Q25 1Q25 2Q24 Cash and Cash Equivalents 111.99 106.35 121.23 Accounts Receivable 32.38 34.80 32.53 Days Sales Outstanding 52 54 51 Inventories, net 34.02 35.43 36.33 Days of Inventory 76 77 88 Total Current Assets 195.18 192.32 207.22 Expand Current liabilities increased to NT$110.39 billion due to dividends payable of NT$35.79 billion. Long-term credit/bonds decreased to NT$41.60 billion. Total liabilities increased to NT$211.10 billion, leading to a debt to equity ratio of 63%. Analysis of Revenue 2 Revenue from Asia Pacific increased to 67%, while business from North America was 20% of sales. Business from Europe increased to 8%, while contribution from Japan was 5%. Revenue contribution from 22/28nm increased to 40% of wafer revenue, while 40nm contribution slightly decreased to 15% of sales. Revenue Breakdown by Geometry Geometry 2Q25 1Q25 4Q24 3Q24 2Q24 14nm and below 0 % 0 % 0 % 0 % 0 % 14nm<x<=28nm 40 % 37 % 34 % 35 % 33 % 28nm<x<=40nm 15 % 16 % 16 % 13 % 12 % 40nm<x<=65nm 17 % 16 % 16 % 15 % 15 % 65nm<x<=90nm 7 % 8 % 11 % 10 % 12 % 90nm<x<=0.13um 7 % 7 % 10 % 10 % 11 % 0.13um<x<=0.18um 9 % 10 % 9 % 11 % 10 % 0.18um<x<=0.35um 4 % 5 % 4 % 5 % 5 % 0.5um and above 1 % 1 % 0 % 1 % 2 % Expand Revenue from fabless customers accounted for 81% of revenue. Revenue Breakdown by Customer Type Customer Type 2Q25 1Q25 4Q24 3Q24 2Q24 Fabless 81 % 82 % 84 % 85 % 87 % IDM 19 % 18 % 16 % 15 % 13 % Expand Revenue from the communication segment accounted for 41%, while business from computer applications was 11% of sales. Business from consumer applications accounted for 33%, while other segments was 15% of revenue. (1) Computer consists of ICs such as CPU, GPU, HDD controllers, DVD/CD-RW control ICs, PC chipset, audio codec, keyboard controller, monitor scaler, USB, I/O chipset, WLAN. Communication consists of handset components, broadband, bluetooth, Ethernet, LAN, DSP, etc. Consumer consists of ICs used for DVD players, DTV, STB, MP3/MP4, flash controller, game consoles, DSC, smart cards, toys, etc. Blended ASP Trend Blended average selling price (ASP) remained firm in 2Q25. (To view blended ASP trend, please click here for 2Q25 ASP) Shipment and Utilization Rate 3 Wafer shipments increased 6.2% QoQ to 967K during the second quarter, while quarterly capacity was 1,290K. Overall utilization rate in 2Q25 grew to 76%. Capacity 4 Total capacity in the second quarter increased to 1,290K 12-inch equivalent wafers. Capacity will grow in the third quarter of 2025 to 1,305K 12-inch equivalent wafers. (1) One 6-inch wafer is converted into 0.25 (6 2 /12 2) 12-inch equivalent wafer; one 8-inch wafer is converted into 0.44 (8 2 /12 2) 12-inch equivalent wafers. Total capacity figures are expressed in 12-inch equivalent wafers. CAPEX CAPEX spending in 2Q25 totaled US$273 million. 2025 cash-based CAPEX budget will be US$1.8 billion. 2025 CAPEX Plan 8" 12" Total 10 % 90 % US$1.8 billion Expand Third Quarter 2025 Outlook & Guidance Quarter-over-Quarter Guidance: Wafer Shipments: Will increase by low-single digit % ASP in USD: Will remain firm Gross Profit Margin: Will be approximately Q2 gross margin subject to FX effect Capacity Utilization: mid-70% range 2025 CAPEX: US$1.8 billion Recent Developments / Announcements Jun. 30, 2025 UMC Wins Two Honors at the 2025 Asia Responsible Enterprise Awards Expand Please visit UMC's website for further details regarding the above announcements Conference Call / Webcast Announcement Wednesday, July 30, 2025 Time: 5:00 PM (Taipei) / 5:00 AM (New York) / 10:00 AM (London) A live webcast and replay of the 2Q25 results announcement will be available at under the 'Investors / Events' section. About UMC UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high-quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC's comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI, BCD etc. Most of UMC's 12-in and 8-in fabs with its core R&D are in Taiwan, with additional ones throughout Asia. UMC has a total of 12 fabs in production with a combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standards. UMC is headquartered in Hsinchu, Taiwan, plus local offices in the United States, Europe, China, Japan, Korea, and Singapore, with a worldwide total of 20,000 employees. For more information, please visit: Safe Harbor Statements This press release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as defined in the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding anticipated financial results for the second quarter of 2025; the expected wafer shipment and ASP; the anticipated annual budget; capex strategies; environmental protection goals and water management strategies; impact of foreign currency exchange rates; expected foundry capacities; the ability to obtain new business opportunities; and information under the heading 'Third Quarter 2025 Outlook and Guidance.' These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of UMC to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to: (i) dependence upon the frequent introduction of new services and technologies based on the latest developments in the industry in which UMC operates; (ii) the intensely competitive semiconductor, communications, consumer electronics and computer industries and markets; (iii) the risks associated with international business activities; (iv) dependence upon key personnel; (v) general economic and political conditions; (vi) possible disruptions in commercial activities caused by natural and human-induced events and disasters, including natural disasters, terrorist activity, armed conflict and highly contagious diseases; (vii) reduced end-user purchases relative to expectations and orders; and (viii) fluctuations in foreign currency exchange rates. Further information regarding these and other risk factors is included in UMC's filings with the United States Securities and Exchange Commission, including its Annual Report on Form 20-F. All information provided in this release is as of the date of this release and are based on assumptions that UMC believes to be reasonable as of this date, and UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. The financial statements included in this release are prepared and published in accordance with Taiwan International Financial Reporting Standards, or TIFRSs, recognized by the Financial Supervisory Commission in the ROC, which is different from International Financial Reporting Standards, or IFRSs, issued by the International Accounting Standards Board. Investors are cautioned that there may be significant differences between TIFRSs and IFRSs. In addition, TIFRSs and IFRSs differ in certain significant respects from generally accepted accounting principles in the ROC and generally accepted accounting principles in the United States. - FINANCIAL TABLES TO FOLLOW - As of June 30, 2025 Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) US$ NT$ % Assets Current assets Cash and cash equivalents 3,825 111,994 20.4 % Accounts receivable, net 1,106 32,380 5.9 % Inventories, net 1,162 34,018 6.2 % Other current assets 573 16,783 3.1 % Total current assets 6,666 195,175 35.6 % Non-current assets Funds and investments 2,356 68,972 12.6 % Property, plant and equipment 8,833 258,627 47.2 % Right-of-use assets 249 7,291 1.3 % Other non-current assets 617 18,079 3.3 % Total non-current assets 12,055 352,969 64.4 % Total assets 18,721 548,144 100.0 % Liabilities Current liabilities Short-term loans 223 6,524 1.2 % Payables 1,470 43,035 7.9 % Dividends payable 1,222 35,788 6.5 % Current portion of long-term liabilities 505 14,778 2.7 % Other current liabilities 351 10,268 1.9 % Total current liabilities 3,770 110,393 20.1 % Non-current liabilities Bonds payable 829 24,283 4.4 % Long-term loans 591 17,318 3.2 % Lease liabilities, noncurrent 184 5,382 1.0 % Other non-current liabilities 1,835 53,723 9.8 % Total non-current liabilities 3,439 100,705 18.4 % Total liabilities 7,210 211,098 38.5 % Equity Equity attributable to the parent company Capital 4,288 125,565 22.9 % Additional paid-in capital 513 15,023 2.7 % Retained earnings and other components of equity 6,704 196,284 35.8 % Total equity attributable to the parent company 11,505 336,871 61.5 % Non-controlling interests 6 174 0.0 % Total equity 11,511 337,046 61.5 % Total liabilities and equity 18,721 548,144 100.0 % Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2025 exchange rate of NT $29.28 per U.S. Dollar. (2) Sums may not equal totals due to rounding. Expand Year over Year Comparison Quarter over Quarter Comparison Three-Month Period Ended Three-Month Period Ended June 30, 2025 June 30, 2024 Chg. June 30, 2025 March 31, 2025 Chg. US$ NT$ NT$ % US$ NT$ NT$ % Operating revenues 2,007 58,758 56,799 3.4 % 2,007 58,758 57,859 1.6 % Operating costs (1,430 ) (41,880 ) (36,816 ) 13.8 % (1,430 ) (41,880 ) (42,412 ) (1.3 %) Gross profit 576 16,878 19,983 (15.5 %) 576 16,878 15,447 9.3 % 28.7 % 28.7 % 35.2 % 28.7 % 28.7 % 26.7 % Operating expenses - Sales and marketing expenses (20 ) (591 ) (678 ) (12.8 %) (20 ) (591 ) (619 ) (4.5 %) - General and administrative expenses (57 ) (1,682 ) (1,804 ) (6.8 %) (57 ) (1,682 ) (1,542 ) 9.1 % - Research and development expenses (143 ) (4,194 ) (3,853 ) 8.9 % (143 ) (4,194 ) (3,964 ) 5.8 % - Expected credit impairment gain (loss) (0 ) (0 ) 24 - (0 ) (0 ) 2 - Subtotal (221 ) (6,467 ) (6,311 ) 2.5 % (221 ) (6,467 ) (6,123 ) 5.6 % Net other operating income and expenses 14 409 219 86.6 % 14 409 462 (11.5 %) Operating income 370 10,820 13,891 (22.1 %) 370 10,820 9,786 10.6 % 18.4 % 18.4 % 24.5 % 18.4 % 18.4 % 16.9 % Net non-operating income and expenses (23 ) (666 ) 2,529 - (23 ) (666 ) (439 ) 51.5 % Income from continuing operations before income tax 347 10,154 16,420 (38.2 %) 347 10,154 9,347 8.6 % 17.3 % 17.3 % 28.9 % 17.3 % 17.3 % 16.2 % Income tax expense (45 ) (1,306 ) (2,645 ) (50.6 %) (45 ) (1,306 ) (1,603 ) (18.5 %) Net income 302 8,848 13,775 (35.8 %) 302 8,848 7,743 14.3 % 15.1 % 15.1 % 24.3 % 15.1 % 15.1 % 13.4 % Other comprehensive income (loss) (925 ) (27,075 ) 1,375 - (925 ) (27,075 ) 4,489 - Total comprehensive income (loss) (623 ) (18,227 ) 15,150 - (623 ) (18,227 ) 12,232 - Net income attributable to: Shareholders of the parent 304 8,903 13,786 (35.4 %) 304 8,903 7,777 14.5 % Non-controlling interests (2 ) (55 ) (11 ) 398.2 % (2 ) (55 ) (34 ) 62.8 % Comprehensive income (loss) attributable to: Shareholders of the parent (621 ) (18,172 ) 15,161 - (621 ) (18,172 ) 12,266 - Non-controlling interests (2 ) (55 ) (11 ) 401.2 % (2 ) (55 ) (33 ) 63.7 % Earnings per share-basic 0.024 0.71 1.11 0.024 0.71 0.62 Earnings per ADS (2) 0.121 3.55 5.55 0.121 3.55 3.10 Weighted average number of shares outstanding (in millions) 12,485 12,414 12,485 12,485 Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2025 exchange rate of NT $29.28 per U.S. Dollar. (2) 1 ADS equals 5 common shares. (3) Sums may not equal totals due to rounding. Expand UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES Consolidated Condensed Statements of Comprehensive Income Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) Except Per Share and Per ADS Data For the Three-Month Period Ended For the Six-Month Period Ended June 30, 2025 June 30, 2025 US$ NT$ % US$ NT$ % Operating revenues 2,007 58,758 100.0 % 3,983 116,617 100.0 % Operating costs (1,430 ) (41,880 ) (71.3 %) (2,879 ) (84,292 ) (72.3 %) Gross profit 576 16,878 28.7 % 1,104 32,325 27.7 % Operating expenses - Sales and marketing expenses (20 ) (591 ) (1.0 %) (41 ) (1,210 ) (1.0 %) - General and administrative expenses (57 ) (1,682 ) (2.9 %) (110 ) (3,225 ) (2.8 %) - Research and development expenses (143 ) (4,194 ) (7.1 %) (279 ) (8,157 ) (7.0 %) - Expected credit impairment gain (loss) (0 ) (0 ) (0.0 %) 0 2 0.0 % Subtotal (221 ) (6,467 ) (11.0 %) (430 ) (12,590 ) (10.8 %) Net other operating income and expenses 14 409 0.7 % 30 871 0.8 % Operating income 370 10,820 18.4 % 704 20,606 17.7 % Net non-operating income and expenses (23 ) (666 ) (1.1 %) (38 ) (1,105 ) (1.0 %) Income from continuing operations before income tax 347 10,154 17.3 % 666 19,501 16.7 % Income tax expense (45 ) (1,306 ) (2.2 %) (99 ) (2,909 ) (2.5 %) Net income 302 8,848 15.1 % 567 16,591 14.2 % Other comprehensive income (loss) (925 ) (27,075 ) (46.1 %) (771 ) (22,586 ) (19.4 %) Total comprehensive income (loss) (623 ) (18,227 ) (31.0 %) (205 ) (5,995 ) (5.1 %) Net income attributable to: Shareholders of the parent 304 8,903 15.2 % 570 16,679 14.3 % Non-controlling interests (2 ) (55 ) (0.1 %) (3 ) (88 ) (0.1 %) Comprehensive income (loss) attributable to: Shareholders of the parent (621 ) (18,172 ) (30.9 %) (202 ) (5,906 ) (5.1 %) Non-controlling interests (2 ) (55 ) (0.1 %) (3 ) (88 ) (0.1 %) Earnings per share-basic 0.024 0.71 0.046 1.34 Earnings per ADS (2) 0.121 3.55 0.229 6.70 Weighted average number of shares outstanding (in millions) 12,485 12,485 Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2025 exchange rate of NT $29.28 per U.S. Dollar. (2) 1 ADS equals 5 common shares. (3) Sums may not equal totals due to rounding. Expand UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES Consolidated Condensed Statement of Cash Flows For The Six-Month Period Ended June 30, 2025 Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) US$ NT$ Cash flows from operating activities : Net income before tax 666 19,501 Depreciation & Amortization 978 28,634 Share of profit of associates and joint ventures (8 ) (238 ) Income tax paid (93 ) (2,719 ) Changes in working capital & others 26 747 Net cash provided by operating activities 1,568 45,924 Cash flows from investing activities : Increase in financial assets measured at amortized cost (39 ) (1,145 ) Acquisition of property, plant and equipment (741 ) (21,696 ) Acquisition of intangible assets (47 ) (1,374 ) Others 146 4,271 Net cash used in investing activities (681 ) (19,943 ) Cash flows from financing activities : Decrease in short-term loans (68 ) (1,991 ) Proceeds from bonds issued 178 5,200 Proceeds from long-term loans 96 2,800 Repayments of long-term loans (601 ) (17,594 ) Others (36 ) (1,043 ) Net cash used in financing activities (431 ) (12,627 ) Effect of exchange rate changes on cash and cash equivalents (217 ) (6,359 ) Net increase in cash and cash equivalents 239 6,994 Cash and cash equivalents at beginning of period 3,586 105,000 Cash and cash equivalents at end of period 3,825 111,994 Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2025 exchange rate of NT $29.28 per U.S. Dollar. (2) Sums may not equal totals due to rounding. Expand 1 Unless otherwise stated, all financial figures discussed in this announcement are prepared in accordance with TIFRSs recognized by Financial Supervisory Commission in the ROC, which is different from IFRSs issued by the International Accounting Standards Board. They represent comparisons among the three-month period ending June 30, 2025, the three-month period ending March 31, 2025, and the equivalent three-month period that ended June 30, 2024. For all 2Q25 results, New Taiwan Dollar (NT$) amounts have been converted into U.S. Dollars at the June 30, 2025 exchange rate of NT$ 29.28 per U.S. Dollar. 2 Revenue in this section represents wafer sales. 3 Utilization Rate = Quarterly Wafer Out / Quarterly Capacity 4 Estimated capacity numbers are based on calculated maximum output rather than designed capacity. The actual capacity numbers may differ depending upon equipment delivery schedules, pace of migration to more advanced process technologies, and other factors affecting production ramp-up.
Bangkok Post
2 days ago
- Business
- Bangkok Post
CKPower honored with AREA Awards for fourth consecutive year
CK Power Public Company Limited (CKPower, SET: CKP) has won two major regional accolades at the Asia Responsible Enterprise Awards (AREA) 2025 in , recognition of its strong commitment to supporting society and communities surrounding its power plants. The company was honored in the categories of Social Empowerment and Green Leadership for its projects: 'Hinghoi: Renewable Energy for a Better Quality of Life' and 'Hinghoi: Preserving and Restoring Natural Resources' projects. In addition, CKPower received the prestigious Silver Emblem of Sustainability, acknowledging its outstanding performance and unwavering commitment to sustainability across all dimensions. This marks the fourth consecutive year that CKPower has been recognized at the AREA award, underscoring its dedication to leveraging the capabilities of its personnel to foster social and community development around its power plants. It also reinforces the trust and recognition the company has earned across Asia for its sustainable business practices, driven by its CSR Strategy Framework 2022–2026 for Social Value Creation. The Asia Responsible Enterprise Awards (AREA) are organized by Enterprise Asia, a leading non-profit organization that seeks to champion social outreach and promote capacity building among for entrepreneurs across the region to sustainable economic development. At the award ceremony held at the Athenee Hotel, Ms. Tuangporn Bunyasaranand, Assistant Managing Director – Corporate Communication and Sustainability Management at CKPower, accepted the awards on behalf of the Company, joined by members of the CKPower team.
The Sun
23-07-2025
- Business
- The Sun
Asia Pacific Enterprise Awards and Asia Responsible Enterprise Awards 2025 China Chapter Celebrates Exemplary Business Excellence and Responsible Leadership
SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - The Asia Pacific Enterprise Awards (APEA) and Asia Responsible Enterprise Awards (AREA) China Chapter successfully concluded its latest edition, honoring the nation's most exceptional enterprises and visionary business leaders at the forefront of innovation, resilience, and sustainable growth in an increasingly dynamic economy. Organized by leading regional NGO, Enterprise Asia, the prestigious dual awards ceremony took place at Grand Hyatt Shanghai on 11 July 2025. The joint awards ceremony recognized outstanding enterprises and entrepreneurs who exemplify business excellence, leadership, and social responsibility in navigating disruption and embracing the green, inclusive economy of tomorrow. A rigorous evaluation process, led by a distinguished panel of judges, assessed over 150 nominees across eight categories for the AREA and four categories for the APEA. The AREA recognized exemplary leaders and enterprises that have demonstrated an unwavering commitment to sustainability and responsible business practices. In parallel, the APEA honored exceptional organizations and entrepreneurs who exhibited exceptional business performance, strategic foresight, and visionary leadership in navigating today's dynamic business landscape. In his welcome address, Datuk William Ng, Vice Chairman of Enterprise Asia, stated, 'In an era marked by unprecedented challenges and transformation, it is the enterprises and leaders who dare to innovate, uphold responsible business values, and commit to sustainable progress that will define the future. Tonight, we are here to celebrate not just their business success, but their resilience, foresight, and positive impact on society and the environment.'. Among the outstanding AREA award recipients, Town Ray Electrical (Huizhou) Limited received the award under the Green Leadership category for its exemplary environmental stewardship. The company achieved significant results by upgrading waste gas treatment, using low-VOC coating materials, adopting energy-saving equipment, and installing photovoltaic systems. These efforts reduced VOC emissions by 3.699 tons, saved 480 tons of standard coal, cut carbon emissions by 2,792 tons, reduced hazardous waste by 15%, and achieved 100% packaging recycling. The above achievements have also enabled the company to make contributions to society in the field of sustainable development. Bank (China) Company, Ltd.'s strong governance, transparency, and accountability have earned it a two-time win in the Corporate Governance category. The bank leads with practices exceeding regulatory standards, including fully recorded Board meetings, independent performance reviews, and a well-indexed annual report. It has received favorable evaluations three times in corporate governance assessments among banks and insurers and maintained over 98% customer satisfaction for three consecutive years. Demonstrating its strong commitment to responsible banking, Bank of China (Hong Kong) Limited ('BOCHK') earned dual honours in the Social Empowerment and Corporate Sustainability Reporting categories. Since 2016, the 'BOCHK x Food Angel' initiative has benefited over 210,000 people, recycled 8,800 tonnes of surplus edible food, and produced over 2.1 million meals. These efforts have reduced food waste and supported community dignity through innovations such as the 'Self-serve Station'. Meanwhile, BOCHK's has also established a robust sustainability governance framework and its Sustainability Reports strictly align with GRI standards, HKEX's ESG Guide and follow guidelines such as TCFD, SASB and SDGs. The Reports have also been verified by an independent third party with reasonable assurance. One of the world's leading aluminum producers, China Hongqiao Group Co., Ltd., also marked a key milestone in its ESG journey with its win in the Corporate Sustainability Reporting category. Guided by a robust ESG governance framework, its latest sustainability report outlines the ambitious '2555 dual carbon' targets—peaking emissions by 2025 and achieving net-zero by 2055—alongside goals such as increasing green electricity usage to 70% by 2030 and reducing aluminum carbon intensity by 40%. The report highlights extensive stakeholder engagement, reinforcing the Group's commitment to transparency, accountability, and long-term value creation. Further exemplifying leadership in social responsibility, Techtronic Industries (TTI) was recognized under the Social Empowerment category for its transformative initiative, 'Building Resilience, Empowering Communities'. In partnership with Habitat for Humanity, the project addressed environmental, poverty, and infrastructure challenges by building eight new homes, renovating 20 others in Go Cong and Thai Nguyen, and improving WASH infrastructure for more than 1,800 individuals. Through the Participatory Approach for Safe Shelter Awareness (PASSA) and active employee volunteerism, TTI embedded sustainable development into its core strategy while fostering lasting community impact. Meanwhile, other esteemed winners of the AREA included industry leaders such as Alibaba's Taobao Tmall Group: Xianyu Platform; China Construction Bank Corporation; Inc.; Ping An Bank Co., Ltd.; Qisda Corporation, among others. In the APEA segment, notable winners included Kaishan Group Co., Ltd. and CTF Services Limited, recognized for their unparalleled achievements in business excellence. The APEA and AREA 2025 China Chapter were co-organized by Enterprise Accelerator Co., Ltd. and proudly supported by the Hong Kong Young Industrialists Council Limited (HKYIC), International Chamber of Commerce - Hong Kong (ICC-HK), MayCham China in Shanghai, Shanghai Chamber of Commerce in Guangzhou, SingCham Shanghai, and Strategic Public Relations Group. PR Newswire is the official news release distribution partner, with as the official media partner and Osin Au Pty Ltd as the official beverage sponsor.
Associated Press
23-07-2025
- Business
- Associated Press
Asia Pacific Enterprise Awards and Asia Responsible Enterprise Awards 2025 China Chapter Celebrates Exemplary Business Excellence and Responsible Leadership
SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - The Asia Pacific Enterprise Awards (APEA) and Asia Responsible Enterprise Awards (AREA) China Chapter successfully concluded its latest edition, honoring the nation's most exceptional enterprises and visionary business leaders at the forefront of innovation, resilience, and sustainable growth in an increasingly dynamic economy. Organized by leading regional NGO, Enterprise Asia, the prestigious dual awards ceremony took place at Grand Hyatt Shanghai on 11 July 2025. The joint awards ceremony recognized outstanding enterprises and entrepreneurs who exemplify business excellence, leadership, and social responsibility in navigating disruption and embracing the green, inclusive economy of tomorrow. A rigorous evaluation process, led by a distinguished panel of judges, assessed over 150 nominees across eight categories for the AREA and four categories for the APEA. The AREA recognized exemplary leaders and enterprises that have demonstrated an unwavering commitment to sustainability and responsible business practices. In parallel, the APEA honored exceptional organizations and entrepreneurs who exhibited exceptional business performance, strategic foresight, and visionary leadership in navigating today's dynamic business landscape. In his welcome address, Datuk William Ng, Vice Chairman of Enterprise Asia, stated, 'In an era marked by unprecedented challenges and transformation, it is the enterprises and leaders who dare to innovate, uphold responsible business values, and commit to sustainable progress that will define the future. Tonight, we are here to celebrate not just their business success, but their resilience, foresight, and positive impact on society and the environment.'. Among the outstanding AREA award recipients, Town Ray Electrical (Huizhou) Limited received the award under the Green Leadership category for its exemplary environmental stewardship. The company achieved significant results by upgrading waste gas treatment, using low-VOC coating materials, adopting energy-saving equipment, and installing photovoltaic systems. These efforts reduced VOC emissions by 3.699 tons, saved 480 tons of standard coal, cut carbon emissions by 2,792 tons, reduced hazardous waste by 15%, and achieved 100% packaging recycling. The above achievements have also enabled the company to make contributions to society in the field of sustainable development. Bank (China) Company, Ltd.'s strong governance, transparency, and accountability have earned it a two-time win in the Corporate Governance category. The bank leads with practices exceeding regulatory standards, including fully recorded Board meetings, independent performance reviews, and a well-indexed annual report. It has received favorable evaluations three times in corporate governance assessments among banks and insurers and maintained over 98% customer satisfaction for three consecutive years. Demonstrating its strong commitment to responsible banking, Bank of China (Hong Kong) Limited ('BOCHK') earned dual honours in the Social Empowerment and Corporate Sustainability Reporting categories. Since 2016, the 'BOCHK x Food Angel' initiative has benefited over 210,000 people, recycled 8,800 tonnes of surplus edible food, and produced over 2.1 million meals. These efforts have reduced food waste and supported community dignity through innovations such as the 'Self-serve Station'. Meanwhile, BOCHK's has also established a robust sustainability governance framework and its Sustainability Reports strictly align with GRI standards, HKEX's ESG Guide and follow guidelines such as TCFD, SASB and SDGs. The Reports have also been verified by an independent third party with reasonable assurance. One of the world's leading aluminum producers, China Hongqiao Group Co., Ltd., also marked a key milestone in its ESG journey with its win in the Corporate Sustainability Reporting category. Guided by a robust ESG governance framework, its latest sustainability report outlines the ambitious '2555 dual carbon' targets—peaking emissions by 2025 and achieving net-zero by 2055—alongside goals such as increasing green electricity usage to 70% by 2030 and reducing aluminum carbon intensity by 40%. The report highlights extensive stakeholder engagement, reinforcing the Group's commitment to transparency, accountability, and long-term value creation. Further exemplifying leadership in social responsibility, Techtronic Industries (TTI) was recognized under the Social Empowerment category for its transformative initiative, 'Building Resilience, Empowering Communities'. In partnership with Habitat for Humanity, the project addressed environmental, poverty, and infrastructure challenges by building eight new homes, renovating 20 others in Go Cong and Thai Nguyen, and improving WASH infrastructure for more than 1,800 individuals. Through the Participatory Approach for Safe Shelter Awareness (PASSA) and active employee volunteerism, TTI embedded sustainable development into its core strategy while fostering lasting community impact. Meanwhile, other esteemed winners of the AREA included industry leaders such as Alibaba's Taobao Tmall Group: Xianyu Platform; China Construction Bank Corporation; Inc.; Ping An Bank Co., Ltd.; Qisda Corporation, among others. In the APEA segment, notable winners included Kaishan Group Co., Ltd. and CTF Services Limited, recognized for their unparalleled achievements in business excellence. The APEA and AREA 2025 China Chapter were co-organized by Enterprise Accelerator Co., Ltd. and proudly supported by the Hong Kong Young Industrialists Council Limited (HKYIC), International Chamber of Commerce - Hong Kong (ICC-HK), MayCham China in Shanghai, Shanghai Chamber of Commerce in Guangzhou, SingCham Shanghai, and Strategic Public Relations Group. PR Newswire is the official news release distribution partner, with as the official media partner and Osin Au Pty Ltd as the official beverage sponsor. AWARD RECIPIENT LIST OF THE ASIA RESPONSIBLE ENTERPRISE AWARDS (AREA) 2025 CHINA CHAPTER AWARD RECIPIENT LIST OF THE ASIA PACIFIC ENTERPRISE AWARDS (APEA) 2025 CHINA CHAPTER Hashtag: #Business #Sustainability #ESG Wechat: Enterprise Asia 亚洲企业商会 The issuer is solely responsible for the content of this announcement. About Enterprise Asia Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. Please visit for more information.
