The global leader in ABF substrate manufacturing, Unimicron(TWSE : 3037) , has been reported to have implemented "unpaid leave" affecting around 120 people for a period of three months.  

In response to the issue, Unimicron released a statement last night stating that "the company has not yet received a ruling from the Department of Labor,Taoyuan City Government.   Regardless of the ruling, the company will respect and humbly reflect on it, and strengthen communication with employees to reduce the occurrence of similar incidents.

Despite Unimicron's strong market presence and influence as a prominent player in the global PCB industry, the company has also been affected by the challenging market conditions that have impacted many industries this year.

However, Unimicron's Chairman Zeng Zizhang remains optimistic view on the mid-to-long-term demand for ABF substrates and has announced an investment of NT$30 billion to expand its high-end substrate plant.Moreover,Unimicron also announced the establishment of a subsidiary in Thailand with a capital of 1.26 billion baht in March.

According to Unimicron's financial report, revenue in May 2023 reached 8.598 billion NTD, a slight increase from the previous month, but a year-on-year decrease of nearly 30%.The accumulated revenue for the first five months of the year was 43.533 billion NTD, a year-on-year decrease of 19.42%.

About Unimicron

Unimicron Technology Corporation (Unimicron; TWSE: 3037) is a printed circuit board (PCB) manufacturer headquartered in Taiwan. The company produces PCBs, high density interconnection (HDI) boards, flexible PCBs, rigid flex PCBs, integrated circuit (IC) carriers, and others. In addition, it provides testing and burn-in services of IC substrates and PCBs. Applications of its products and services include liquid crystal display (LCD) monitors, personal computers (PCs) and peripheral products, notebook computers, network cards, facsimile machines, scanners, mobile phones, personal digital assistants (PDAs), and others. Unimicron has manufacturing sites and/or service centers in Taiwan, China, Germany, and Japan.

Taiwan manufacturing sites

China manufacturing sites

Overseas manufacturing sites