UMT reports 71% revenue growth as LEO satellite demand drives expansion

UMT's revenue increased 71% year-over-year in the first three quarters of 2026 as global demand for low Earth orbit (LEO) satellite deployments lifted sales of millimeter-wave communications products. The Taiwan-based company said it would begin advancing manufacturing expansion plans in Taiwan, the US, and Vietnam from the fourth quarter of 2026 to support international customer demand and strengthen delivery flexibility.