United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q2 2018 Earnings Presentation

14 slides from United Microelectronics's earnings presentation, Jul 25, 2018

  1. Slide 1: UMC 2Q18 Financial Review

    UMC 2Q18 Financial Review July 25, 2018

  2. Slide 2: Note Concerning Forward-Looking Statements

    NOTE CONCERNING FORWARD-LOOKING STATEMENTS This release contains forward-looking statements. These statements constitute “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 Ac

  3. Slide 3: Operating Results Summary

    Operating Results Summary Unit: NT$ M 2018 2018 2017 2Q / Jun. 1Q / Mar. 2Q / Jun. Net Operating Revenues 38,852 37,497 37,538 Net Income Attributable to 3,659 3,400 2,099 Stockholders of the Parent EPS (NTD) 0.30 0.28 0.17 Cash and Cash Equivalents 75,193 77,143 68,134 Total Assets 380,890 385,560

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 2Q18 % 1Q18 % Change % Net Operating Revenues 38,852 100.0 37,497 100.0 3.6 Gross Profit 6,675 17.2 4,642 12.4 43.8 Operating Expenses (5,213) (13.4) (4,850) (12.9) 7.5 Net Other Operating Income and Expenses 1,719 4.4 977 2.6 75.9 Operating Incom

  5. Slide 5: Statements of Comprehensive Income - YoY: 6 Months

    Statements of Comprehensive Income - YoY: 6 Months Unit: NT$ M 2018 2017 Change % % Jan.~Jun. Jan.~Jun. % Net Operating Revenues 76,349 100.0 74,956 100.0 1.9 Gross Profit 11,317 14.8 14,168 18.9 (20.1) Operating Expenses (10,062) (13.2) (11,542) (15.4) (12.8) Net Other Operating Income and Expenses

  6. Slide 6: Balance Sheet Highlight – June 30, 2018

    Balance Sheet Highlight – June 30, 2018 Unit: NT$ M Cash and Cash Equivalents 75,193 Funds and Investments 37,334 Property, Plant and Equipment 188,825 Total Assets 380,890 Current Liabilities 59,171 Long-term Credit / Bonds 67,764 Stockholders' Equity 210,782 UMC © 2018 6

  7. Slide 7: ASP Trend: 8” Wafer Equivalent

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD UMC © 2018 7

  8. Slide 8: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 2Q18 1Q18 Europe Japan Europe Japan 9% 3% 8% 3% Asia Asia 51% 47% North North America America 37% 42% UMC © 2018 8

  9. Slide 9: Foundry Segment Sales Breakdown by Customer Type

    Foundry Segment Sales Breakdown by Customer Type 2Q18 1Q18 IDM IDM 8% 8% Fabless Fabless 92% 92% UMC © 2018 9

  10. Slide 10: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 2Q18 1Q18 Other Other 9% 10% Computer Computer 16% 14% Communication Communication 47% 47% Consumer Consumer 28% 29% UMC © 2018 10

  11. Slide 11: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 2Q18 1Q18 ≥ 0.5um ≤ 14nm ≥ 0.5um ≤ 14nm 3% 3% ≤ 40nm 3% 2% ≤ 40nm 0.25/0.35um 28nm 44% 0.25/0.35um 28nm 44% 10% 15% 10% 12% 0.15/0.18um 0.15/0.18um 13% 13% 40nm 40nm 26% 30% 0.11/0.13um 0.11/0.13um 11% 11% 90nm 90nm 7% 65nm 6% 65nm 12% 13% UMC © 2018 11

  12. Slide 12: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 4Q17 1Q18 2Q18 3Q18E WTK (6") 106 104 106 93 Fab8A (8") 207 204 207 207 Fab8C (8") 92 91 92 92 Fab8D (8") 86 85 86 86 Fab8E (8") 105 103 105 105 Fab8F (8") 108 107 108 108 Fab8S (8") 93 92 93 93 HJ (8") 194 190 194 194 Fab12A (12") 250 246 250 250 Fab12i (12

  13. Slide 13: 2018 Foundry Capital Expenditure Plan

    2018 Foundry Capital Expenditure Plan 8" 12" Total 33% 67% 1.1 billion USD UMC © 2018 13

  14. 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 — Q2 2018 Earnings Presentation on 6ix