United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2009 Earnings Presentation

20 slides from United Microelectronics's earnings presentation, Feb 3, 2010

  1. Slide 1: UMC 2009 Q4 Financial Review

    UMC 2009 Q4 Financial Review February 3, 2010

  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 Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and a

  3. Slide 3: Operating Results Summary

    Operating Results Summary Unit: NT M 2009 2009 2008 Q4 / Dec Q3 / Sep Q4 / Dec Net Operating Revenues 27,746 27,406 18,541 Net Income (Loss) 4,396 6,091 (23,510) EPS (NTD) 0.35 0.48 (1.81) Cash and Cash Equivalents 52,792 44,636 36,124 Total Assets 251,890 231,731 207,988 Total Liabilities 38,292 27

  4. Slide 4: Income Statement - QoQ

    Income Statement - QoQ Unit: NT M Change Q4-09 % Q3-09 % % Net Operating Revenues 27,746 100.0 27,406 100.0 1.2 Gross Profit 7,179 25.9 7,655 27.9 (6.2) Operating Expenses (3,435) (12.4) (3,446) (12.5) (0.3) Operating Income 3,744 13.5 4,209 15.4 (11.0) Net Non-operating Income 700 2.5 2,180 7.9 (67

  5. Slide 5: Income Statement - YoY: 12 Months

    Income Statement - YoY: 12 Months Unit: NT M 2009 2008 Change % % Jan~Dec Jan~Dec % Net Operating Revenues 88,618 100.0 92,530 100.0 (4.2) Gross Profit 15,880 17.9 15,638 16.9 1.5 Operating Expenses (12,548) (14.1) (13,334) (14.4) (5.9) Operating Income 3,332 3.8 2,304 2.5 44.6 Net Non-operating Inc

  6. Slide 6: Investment Income

    Investment Income Unit: NT M Q4-09 Q3-09 Investment gain accounted for under the equity method 780 592 Impairment loss (300) - Gain on valuation of financial assets 443 490 Cash dividends 0 654 Total 923 1,736 P. 6

  7. Slide 7: Balance Sheet Highlight - Dec. 31, 2009

    Balance Sheet Highlight - Dec. 31, 2009 Unit: NT M Cash and Cash Equivalents 52,792 Funds and Investments 69,878 Fixed Assets 87,472 Total Assets 251,890 Current Liabilities 34,029 Long-term Loans 766 Shareholders' Equity 213,598 Depreciation Expense (YTD) 32,826 P. 7

  8. Slide 8: Average Selling Price Trend - 8" Wafer Equivalent

    Average Selling Price Trend- 8” Wafer Equivalent Unit: USD 1,500 1,000 500 0 Q4-08 Q1-09 Q2-09 Q3-09 Q4-09 P. 8

  9. Slide 9: Sales Breakdown by Geography

    Sales Breakdown by Geography 2009 Q4 2009 Q3 Europe Japan Europe Japan 8% 1% 9% 1% Asia Asia 40% 41% North North America America 51% 49% P. 9

  10. Slide 10: Sales Breakdown by Geography

    Sales Breakdown by Geography 2009 2008 Europe Japan Europe Japan 9% 1% 10% 2% Asia Asia 40% 32% North North America America 50% 56% P. 10

  11. Slide 11: Sales Breakdown by Customer

    Sales Breakdown by Customer 2009 Q4 2009 Q3 IDM IDM 20% 21% Fabless Fabless 80% 79% P. 11

  12. Slide 12: Sales Breakdown by Customer

    Sales Breakdown by Customer 2009 2008 IDM IDM 21% 27% Fabless Fabless 79% 73% P. 12

  13. Slide 13: Sales Breakdown by Application

    Sales Breakdown by Application 2009 Q4 2009 Q3 Other Other 2% 1% Computer Computer 11% 17% Communication Communication 62% 59% Consumer Consumer 25% 23% P. 13

  14. Slide 14: Sales Breakdown by Application

    Sales Breakdown by Application 2009 2008 Other Other 1% Memory 1% Memory 1% 1% Computer Computer 14% 18% Communication Communication 61% 58% Consumer Consumer 23% 22% P. 14

  15. Slide 15: Sales Breakdown by Technology

    Sales Breakdown by Technology 2009 Q4 2009 Q3 ≥ ≥ 0.5um ≤ 65nm ≤ 65nm 0.5um 5% 17% 14% 5% 0.25 / 0.35um 0.25 / 0.35um 11% 13% 90nm 90nm 25% 26% 0.15 / 0.18um 0.15 / 0.18um 19% 21% 0.13um 0.13um 23% 21% P. 15

  16. Slide 16: Sales Breakdown by Technology

    Sales Breakdown by Technology 2009 2008 ≥ 0.5um ≤ 65nm ≥ 0.5um ≤ 65nm 5% 13% 5% 7% 0.25 / 0.35um 0.25 / 0.35um 14% 90nm 16% 90nm 26% 30% 0.15 / 0.18um 0.15 / 0.18um 21% 21% 0.13um 0.13um 21% 21% P. 16

  17. Slide 17: Quarterly Capacity

    Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 2Q09 3Q09 4Q09 1Q10E Fab6A 82 82 82 82 Fab8A 204 204 204 204 Fab8C 99 99 99 96 Fab8D 68 68 68 71 Fab8E 102 102 102 102 Fab8F 96 96 96 96 Fab8S 75 75 75 75 Fab12A 222 222 200 209 Fab12i 203 204 206 219 Total 1,151 1,152 1,132 1,154 P. 17

  18. Slide 18: 2009 Capital Expenditure

    2009 Capital Expenditure 8" 12" Total UMC 12% 88% 551 million USD P. 18

  19. Slide 19: 2010 Capital Expenditure Plan

    2010 Capital Expenditure Plan 8" 12" Total UMC 6% 94% 1.2~1.5 billion USD P. 19

  20. Slide 20: www.umc.com ir@umc.com

    For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com P. 20

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