United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q1 2022 Earnings Presentation

14 slides from United Microelectronics's earnings presentation, Apr 27, 2022

  1. Slide 1: UMC 1Q22 Financial Review

    UMC 1Q22 Financial Review April 27, 2022

  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 2021 2021 1Q / Mar. 4Q / Dec. 1Q / Mar. Operating Revenues 63,423 59,100 47,097 Net Income Attributable to 19,808 15,949 10,428 Shareholders of the Parent EPS (NTD) 1.61 1.30 0.85 Cash and Cash Equivalents 172,170 132,622 107,285 Total Assets 482,909 464,42

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 1Q22 % 4Q21 % Change % Operating Revenues 63,423 100.0 59,100 100.0 7.3 Gross Profit 27,504 43.4 23,103 39.1 19.0 Operating Expenses (6,513) (10.3) (6,821) (11.5) (4.5) Net Other Operating Income and Expenses 1,343 2.1 1,334 2.2 0.7 Operating Inco

  5. Slide 5: Statements of Comprehensive Income - YoY: 3 Months

    Statements of Comprehensive Income - YoY: 3 Months Unit: NT$ M 2022 2021 Change % % Jan.~Mar. Jan.~Mar. % Operating Revenues 63,423 100.0 47,097 100.0 34.7 Gross Profit 27,504 43.4 12,494 26.5 120.1 Operating Expenses (6,513) (10.3) (5,932) (12.6) 9.8 Net Other Operating Income and Expenses 1,343 2.

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

    Balance Sheet Highlight – Mar. 31, 2022 Unit: NT$ M Cash and Cash Equivalents 172,170 Funds and Investments 72,468 Property, Plant and Equipment 130,956 Total Assets 482,909 Current Liabilities 93,121 Long-term Credit / Bonds 50,067 Total Equity 302,285 UMC © 2022 6

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

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,000 500 0 1Q21 2Q21 3Q21 4Q21 1Q22 UMC © 2022 7

  8. Slide 8: Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 1Q22 4Q21 Europe Japan Europe Japan 8% 6% 7% 6% North North America America 22% 21% Asia Asia 64% 66% UMC © 2022 8

  9. Slide 9: Segment Sales Breakdown by Customer Type

    Foundry Segment Sales Breakdown by Customer Type 1Q22 4Q21 IDM IDM 13% 14% Fabless Fabless 87% 86% UMC © 2022 9

  10. Slide 10: Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 1Q22 4Q21 Others Others 12% 11% Computer Computer 17% 17% Communication Communication 45% 46% Consumer Consumer 26% 26% UMC © 2022 10

  11. Slide 11: Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 1Q22 4Q21 ≤ 40nm ≤ 40nm ≥0.5um ≤14nm ≥0.5um ≤14nm 38% 38% 0% 0% 0.25/0.35um 3% 22/28nm 0.25/0.35um 3% 22/28nm 7% 20% 7% 20% 0.15/0.18um 0.15/0.18um 13% 13% 40nm 40nm 18% 18% 0.11/0.13um 0.11/0.13um 12% 12% 90nm 90nm 8% 65nm 8% 65nm 19% 19% UMC © 2022 11

  12. Slide 12: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 3Q21 4Q21 1Q22 2Q22E WTK (6") 80 81 82 84 8A (8") 190 190 189 192 8C (8") 115 115 113 115 8D (8") 95 95 101 103 8E (8") 115 115 116 118 8F (8") 137 137 136 138 8S (8") 102 102 109 111 8N (8") 230 232 231 235 12A (12") 271 271 267 301 12i (12") 160 164 162 16

  13. Slide 13: 2022 Foundry Capital Expenditure Plan

    2022 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 3.6 billion USD UMC © 2022 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

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