United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2022 Earnings Presentation

18 slides from United Microelectronics's earnings presentation, Jan 16, 2023

  1. Slide 1: UMC 4Q22 Financial Review

    UMC 4Q22 Financial Review January 16, 2023

  2. 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

  3. Slide 3: Operating Results Summary

    Operating Results Summary Unit: NT$ M 2022 2022 2021 4Q / Dec. 3Q / Sep. 4Q / Dec. Operating Revenues 67,836 75,392 59,100 Net Income Attributable to 19,068 26,996 15,949 Shareholders of the Parent EPS (NTD) 1.54 2.19 1.30 Cash and Cash Equivalents 173,819 180,649 132,622 Total Assets 533,052 519,39

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 4Q22 % 3Q22 % Change % Operating Revenues 67,836 100.0 75,392 100.0 (10.0) Gross Profit 29,124 42.9 35,664 47.3 (18.3) Operating Expenses (6,798) (10.0) (6,794) (9.0) 0.1 Net Other Operating Income and Expenses 1,311 1.9 1,287 1.7 1.9 Operating In

  5. Slide 5: Statements of Comprehensive Income - YoY: 12 Months

    Statements of Comprehensive Income - YoY: 12 Months Unit: NT$ M 2022 2021 Change % % Jan.~Dec. Jan.~Dec. % Operating Revenues 278,705 100.0 213,011 100.0 30.8 Gross Profit 125,764 45.1 72,050 33.8 74.6 Operating Expenses (26,812) (9.6) (25,590) (12.0) 4.8 Net Other Operating Income and Expenses 5,34

  6. Slide 6: Balance Sheet Highlight – Dec. 31, 2022

    Balance Sheet Highlight – Dec. 31, 2022 Unit: NT$ M Cash and Cash Equivalents 173,819 Funds and Investments 64,855 Property, Plant and Equipment 170,982 Total Assets 533,052 Current Liabilities 108,565 Long-term Credit / Bonds 39,877 Total Equity 335,451 UMC © 2023 6

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

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,000 500 0 4Q21 1Q22 2Q22 3Q22 4Q22 UMC © 2023 7

  8. Slide 8: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 4Q22 3Q22 Europe Japan Europe Japan 9% 7% 9% 6% North North America America 30% 23% Asia Asia 54% 62% UMC © 2023 8

  9. Slide 9: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 2022 2021 Europe Japan Europe Japan 9% 6% 7% 6% North North America America 24% 22% Asia Asia 61% 65% UMC © 2023 9

  10. Slide 10: Foundry Segment Sales Breakdown by Customer Type

    Foundry Segment Sales Breakdown by Customer Type 4Q22 3Q22 IDM IDM 19% 17% Fabless Fabless 81% 83% UMC © 2023 10

  11. Slide 11: Foundry Segment Sales Breakdown by Customer Type

    Foundry Segment Sales Breakdown by Customer Type 2022 2021 IDM IDM 16% 15% Fabless Fabless 84% 85% UMC © 2023 11

  12. Slide 12: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 4Q22 3Q22 Others Others 18% 14% Computer Computer Communication 12% Communication 14% 45% 45% Consumer Consumer 25% 27% UMC © 2023 12

  13. Slide 13: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 2022 2021 Others Others 14% 10% Computer Computer 15% 17% Communication Communication 45% 46% Consumer Consumer 26% 27% UMC © 2023 13

  14. Slide 14: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 4Q22 3Q22 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 45% 0% 42% 0.25/0.35um 2% 22/28nm 0.25/0.35um 2% 22/28nm 5% 28% 8% 25% 0.15/0.18um 0.15/0.18um 10% 10% 0.11/0.13um 0.11/0.13um 12% 12% 40nm 40nm 17% 17% 90nm 90nm 9% 8% 65nm 65nm 17% 18% UMC © 2023 14

  15. Slide 15: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 2022 2021 ≥ 0.5um ≤ 14nm ≤ 40nm ≥ 0.5um ≤ 14nm ≤ 40nm 2% 0% 42% 2% 0% 38% 0.25/0.35um 22/28nm 0.25/0.35um 22/28nm 7% 24% 8% 20% 0.15/0.18um 0.15/0.18um 11% 13% 40nm 40nm 18% 18% 0.11/0.13um 0.11/0.13um 12% 12% 90nm 90nm 65nm 65nm 8% 8% 18% 19% UMC © 2023

  16. Slide 16: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 2Q22 3Q22 4Q22 1Q23E WTK (6") 84 85 85 80 8A (8") 192 192 192 189 8C (8") 115 115 115 113 8D (8") 103 103 103 101 8E (8") 118 118 118 116 8F (8") 138 138 138 136 8S (8") 111 111 111 109 8N (8") 235 242 245 244 12A (12") 301 301 301 305 12i (12") 164 164 164

  17. Slide 17: 2023 Foundry Capital Expenditure Plan

    2023 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 3.0 billion USD UMC © 2023 17

  18. Slide 18: 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 (UMC) — Q4 2022 Earnings Presentation on 6ix