United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q1 2023 Earnings Presentation

14 slides from United Microelectronics's earnings presentation, Apr 26, 2023

  1. Slide 1: UMC 1Q23 Financial Review

    UMC 1Q23 Financial Review April 26, 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 2023 2022 2022 1Q / Mar. 4Q / Dec. 1Q / Mar. Operating Revenues 54,209 67,836 63,423 Net Income Attributable to 16,183 19,068 19,808 Shareholders of the Parent EPS (NTD) 1.31 1.54 1.61 Cash and Cash Equivalents 171,834 173,819 172,170 Total Assets 549,631 533,05

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 1Q23 % 4Q22 % Change % Operating Revenues 54,209 100.0 67,836 100.0 (20.1) Gross Profit 19,224 35.5 29,124 42.9 (34.0) Operating Expenses (5,780) (10.7) (6,798) (10.0) (15.0) Net Other Operating Income and Expenses 1,037 1.9 1,311 1.9 (20.9) Opera

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

    Statements of Comprehensive Income - YoY: 3 Months Unit: NT$ M 2023 2022 Change % % Jan.~Mar. Jan.~Mar. % Operating Revenues 54,209 100.0 63,423 100.0 (14.5) Gross Profit 19,224 35.5 27,504 43.4 (30.1) Operating Expenses (5,780) (10.7) (6,513) (10.3) (11.3) Net Other Operating Income and Expenses 1,

  6. Slide 6: Balance Sheet Highlight – Mar. 31, 2023

    Balance Sheet Highlight – Mar. 31, 2023 Unit: NT$ M Cash and Cash Equivalents 171,834 Funds and Investments 72,087 Property, Plant and Equipment 192,185 Total Assets 549,631 Current Liabilities 105,886 Long-term Credit / Bonds 37,303 Total Equity 355,550 UMC © 2023 6

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

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,000 500 0 1Q22 2Q22 3Q22 4Q22 1Q23 UMC © 2023 7

  8. Slide 8: Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 1Q23 4Q22 Europe Japan Europe Japan 11% 8% 9% 7% North North America America 31% 30% Asia Asia 50% 54% UMC © 2023 8

  9. Slide 9: Segment Sales Breakdown by Customer Type

    Foundry Segment Sales Breakdown by Customer Type 1Q23 4Q22 IDM IDM 23% 19% Fabless Fabless 77% 81% UMC © 2023 9

  10. Slide 10: Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 1Q23 4Q22 Others Others 23% 18% Communication Communication 44% 45% Computer Computer 9% 12% Consumer Consumer 24% 25% UMC © 2023 10

  11. Slide 11: Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 1Q23 4Q22 ≤14nm ≤ 40nm ≤14nm ≤ 40nm ≥0.5um ≥0.5um 0% 41% 0% 45% 0.25/0.35um 2% 0.25/0.35um 2% 6% 22/28nm 5% 22/28nm 26% 28% 0.15/0.18um 0.15/0.18um 10% 10% 0.11/0.13um 0.11/0.13um 12% 12% 40nm 40nm 90nm 15% 90nm 17% 10% 9% 65nm 65nm 19% 17% UMC © 2023 11

  12. Slide 12: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 3Q22 4Q22 1Q23 2Q23E WTK (6") 85 85 80 82 8A (8") 192 192 189 207 8C (8") 115 115 113 120 8D (8") 103 103 101 109 8E (8") 118 118 116 122 8F (8") 138 138 136 145 8S (8") 111 111 109 112 8N (8") 242 245 244 248 12A (12") 301 301 305 321 12i (12") 164 164 162

  13. Slide 13: 2023 Foundry Capital Expenditure Plan

    2023 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 3.0 billion USD UMC © 2023 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 Corporation (NEW) — Q1 2023 Earnings Presentation on 6ix