United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q2 2023 Earnings Presentation
14 slides from United Microelectronics's earnings presentation, Jul 26, 2023
Slide 1: UMC 2Q23 Financial Review
UMC 2Q23 Financial Review July 26, 2023
Slide 2: Note Concerning Forward-Looking Statements
NOTE CONCERNING FORWARD-LOOKING STATEMENTS This presentation 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 S
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2023 2023 2022 2Q / Jun. 1Q / Mar. 2Q / Jun. Operating Revenues 56,296 54,209 72,055 Net Income Attributable to 15,641 16,183 21,327 Shareholders of the Parent EPS (NTD) 1.27 1.31 1.74 Cash and Cash Equivalents 163,097 171,834 183,723 Total Assets 553,196 549,63
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 2Q23 % 1Q23 % Change % Operating Revenues 56,296 100.0 54,209 100.0 3.8 Gross Profit 20,252 36.0 19,224 35.5 5.3 Operating Expenses (5,718) (10.2) (5,780) (10.7) (1.1) Net Other Operating Income and Expenses 1,141 2.0 1,037 1.9 10.0 Operating Inco
Slide 5: Statements of Comprehensive Income - YoY: 6 Months
Statements of Comprehensive Income - YoY: 6 Months Unit: NT$ M 2023 2022 Change % % Jan.~Jun. Jan.~Jun. % Operating Revenues 110,506 100.0 135,478 100.0 (18.4) Gross Profit 39,477 35.7 60,977 45.0 (35.3) Operating Expenses (11,499) (10.4) (13,220) (9.7) (13.0) Net Other Operating Income and Expenses
Slide 6: Balance Sheet Highlight – Jun. 30, 2023
Balance Sheet Highlight – Jun. 30, 2023 Unit: NT$ M Cash and Cash Equivalents 163,097 Funds and Investments 70,455 Property, Plant and Equipment 198,618 Total Assets 553,196 Current Liabilities 142,978 Long-term Credit / Bonds 36,062 Total Equity 326,888 UMC © 2023 6
Slide 7: ASP Trend: 8” Wafer Equivalent
Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,000 500 0 2Q22 3Q22 4Q22 1Q23 2Q23 UMC © 2023 7
Slide 8: Segment Sales Breakdown by Geography
Foundry Segment Sales Breakdown by Geography 2Q23 1Q23 Europe Japan Europe Japan 12% 5% 11% 8% North North America America 27% 31% Asia Asia 56% 50% UMC © 2023 8
Slide 9: Segment Sales Breakdown by Customer Type
Foundry Segment Sales Breakdown by Customer Type 2Q23 1Q23 IDM IDM 21% 23% Fabless Fabless 79% 77% UMC © 2023 9
Slide 10: Segment Sales Breakdown by Application
Foundry Segment Sales Breakdown by Application 2Q23 1Q23 Others Others 21% 23% Communication Communication 44% 44% Computer Computer 9% 9% Consumer Consumer 26% 24% UMC © 2023 10
Slide 11: Segment Sales Breakdown by Technology
Foundry Segment Sales Breakdown by Technology 2Q23 1Q23 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 41% 0% 41% 0.25/0.35um 2% 0.25/0.35um 2% 5% 22/28nm 6% 22/28nm 29% 26% 0.15/0.18um 0.15/0.18um 9% 10% 0.11/0.13um 0.11/0.13um 10% 12% 90nm 40nm 40nm 10% 12% 90nm 15% 10% 65nm 65nm 23% 19% UMC © 2023 11
Slide 12: Quarterly Capacity
Quarterly Capacity Unit: in thousands FAB 4Q22 1Q23 2Q23 3Q23E WTK (6") 85 80 82 83 8A (8") 192 189 207 207 8C (8") 115 113 120 120 8D (8") 103 101 109 111 8E (8") 118 116 122 122 8F (8") 138 136 145 145 8S (8") 111 109 112 112 8N (8") 245 244 248 250 12A (12") 301 305 321 333 12i (12") 164 162 164
Slide 13: 2023 Foundry Capital Expenditure Plan
2023 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 3.0 billion USD UMC © 2023 13
Slide 14: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com
United Microelectronics Corporation (NEW) — Q2 2023 Earnings Presentation on 6ix