Topic：Unimicron

Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.

Unimicron revenue beats expectations, but gross margin falls short of JPMorgan’s forecast; earnings growth hinges on product upgrades

In the third quarter of 2026, Unimicron’s revenue rose 23% quarter on quarter. Although gross margin increased to 28.8%, it remained below JPMorgan’s forecast. The bank expects an improved substrate product mix and higher AI HDI yields to drive a fourth-quarter gross margin recovery, and has raised its future earnings forecasts.

J.P. Morgan · 2026.10.30 02:25

Unimicron’s ABF gross margin expands faster than expected, while BT capacity conversion slows near-term recovery

Overall gross margin rose quarter on quarter to 28.8% in the third quarter of 2026, exceeding Citi’s forecast and the market consensus but falling short of some investors’ expectations of around 30%. Citi is positive on ABF demand and margins and expects the adverse effects of BT capacity conversion to continue through the first half of 2027.

Citi · 2026.10.30 02:26