United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q4 2024 Earnings Presentation
18 slides from United Microelectronics's earnings presentation, Jan 22, 2025
Slide 1: UMC 4Q24 Financial Review
UMC 4Q24 Financial Review January 21, 2025
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, or the Securities Act, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT$ M 2024 2024 2023 4Q / Dec. 3Q / Sep. 4Q / Dec. Operating Revenues 60,386 60,485 54,958 Net Income Attributable to 8,497 14,472 13,195 Shareholders of the Parent EPS (NTD) 0.68 1.16 1.06 Cash and Cash Equivalents 105,000 103,407 132,554 Total Assets 570,201 574,292
Slide 4: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ Unit: NT$ M 4Q24 % 3Q24 % Change % Operating Revenues 60,386 100.0 60,485 100.0 (0.2) Gross Profit 18,343 30.4 20,429 33.8 (10.2) Operating Expenses (6,748) (11.2) (6,559) (10.8) 2.9 Net Other Operating Income and Expenses 362 0.6 230 0.3 57.7 Operating Incom
Slide 5: Statements of Comprehensive Income - YoY: 12 Months
Statements of Comprehensive Income - YoY: 12 Months Unit: NT$ M 2024 2023 Change % % Jan.~Dec. Jan.~Dec. % Operating Revenues 232,303 100.0 222,533 100.0 4.4 Gross Profit 75,654 32.6 77,744 34.9 (2.7) Operating Expenses (25,365) (10.9) (23,855) (10.7) 6.3 Net Other Operating Income and Expenses 1,32
Slide 6: Balance Sheet Highlight – Dec. 31, 2024
Balance Sheet Highlight – Dec. 31, 2024 Unit: NT$ M Cash and Cash Equivalents 105,000 Funds and Investments 72,495 Property, Plant and Equipment 279,059 Total Assets 570,201 Current Liabilities 75,260 Long-term Credit / Bonds 55,534 Total Equity 378,185 UMC © 2025 6
Slide 7: Foundry ASP Trend: 12” Wafer Equivalent
Foundry ASP Trend : 12” Wafer Equivalent Unit: USD 2,000 1,000 0 4Q23 1Q24 2Q24 3Q24 4Q24 UMC © 2025 7
Slide 8: Foundry Segment Sales Breakdown by Geography (4Q24)
Foundry Segment Sales Breakdown by Geography 4Q24 3Q24 Europe Japan Europe Japan 11% 3% 5% 4% North North America America 25% 26% Asia Asia 61% 65% UMC © 2025 8
Slide 9: Foundry Segment Sales Breakdown by Geography (2024)
Foundry Segment Sales Breakdown by Geography 2024 2023 Europe Japan Europe Japan 8% 4% 11% 5% North North America America 25% 27% Asia Asia 63% 57% UMC © 2025 9
Slide 10: Foundry Segment Sales Breakdown by Customer Type (4Q24)
Foundry Segment Sales Breakdown by Customer Type 4Q24 3Q24 IDM IDM 16% 15% Fabless Fabless 84% 85% UMC © 2025 10
Slide 11: Foundry Segment Sales Breakdown by Customer Type (2024)
Foundry Segment Sales Breakdown by Customer Type 2024 2023 IDM IDM 16% 22% Fabless Fabless 84% 78% UMC © 2025 11
Slide 12: Foundry Segment Sales Breakdown by Application (4Q24)
Foundry Segment Sales Breakdown by Application 4Q24 3Q24 Others Others 19% 14% Communication Computer Communication Computer 39% 13% 42% 13% Consumer Consumer 29% 31% UMC © 2025 12
Slide 13: Foundry Segment Sales Breakdown by Application (2024)
Foundry Segment Sales Breakdown by Application 2024 2023 Others Others 16% 20% Communication Communication 42% Computer 45% Computer 14% 11% Consumer Consumer 28% 24% UMC © 2025 13
Slide 14: Foundry Segment Sales Breakdown by Technology (4Q24)
Foundry Segment Sales Breakdown by Technology 4Q24 3Q24 ≤14nm ≤ 40nm ≥0.5um ≤14nm ≤ 40nm ≥0.5um 0% 0% 0.25/0.35um 1% 50% 48% 0.25/0.35um 0% 4% 22/28nm 5% 22/28nm 0.15/0.18um 34% 35% 9% 0.15/0.18um 11% 0.11/0.13um 10% 0.11/0.13um 10% 90nm 11% 90nm 10% 40nm 40nm 65nm 16% 65nm 13% 16% 15% UMC © 2025 14
Slide 15: Foundry Segment Sales Breakdown by Technology (2024)
Foundry Segment Sales Breakdown by Technology 2024 2023 ≥ 0.5um ≤ 14nm ≤ 40nm ≥ 0.5um ≤ 14nm ≤ 40nm 1% 0% 48% 2% 0% 45% 0.25/0.35um 0.25/0.35um 4% 22/28nm 5% 22/28nm 0.15/0.18um 34% 31% 0.15/0.18um 10% 9% 0.11/0.13um 0.11/0.13um 10% 10% 90nm 90nm 11% 40nm 10% 40nm 14% 14% 65nm 65nm 16% 19% UMC © 202
Slide 16: Quarterly Capacity
Quarterly Capacity Unit: in thousands FAB 2Q24 3Q24 4Q24 1Q25E WTK (6") 83 83 83 78 8A (8") 207 207 207 212 8C (8") 119 119 119 123 8D (8") 118 118 118 116 8E (8") 131 131 131 129 8F (8") 145 145 145 144 8S (8") 114 114 114 115 8N (8") 254 254 254 246 12A (12") 386 403 409 402 12i (12") 172 172 172
Slide 17: 2025 Foundry Capital Expenditure Plan
2025 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 1.8 billion USD UMC © 2025 17
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 (NEW) — Q4 2024 Earnings Presentation on 6ix