United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2021 Earnings Presentation

18 slides from United Microelectronics's earnings presentation, Jan 25, 2022

  1. Slide 1: UMC 4Q21 Financial Review

    UMC 4Q21 Financial Review January 25, 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 2021 2021 2020 4Q / Dec. 3Q / Sep. 4Q / Dec. Operating Revenues 59,100 55,907 45,296 Net Income Attributable to 15,949 17,460 11,196 Shareholders of the Parent EPS (NTD) 1.30 1.43 0.92 Cash and Cash Equivalents 132,622 113,105 94,048 Total Assets 464,427 428,793

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 4Q21 % 3Q21 % Change % Operating Revenues 59,100 100.0 55,907 100.0 5.7 Gross Profit 23,103 39.1 20,544 36.8 12.5 Operating Expenses (6,821) (11.5) (6,636) (11.9) 2.8 Net Other Operating Income and Expenses 1,334 2.2 1,227 2.2 8.7 Operating Income

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

    Statements of Comprehensive Income - YoY: 12 Months Unit: NT$ M 2021 2020 Change % % Jan.~Dec. Jan.~Dec. % Operating Revenues 213,011 100.0 176,821 100.0 20.5 Gross Profit 72,050 33.8 38,997 22.1 84.8 Operating Expenses (25,590) (12.0) (23,244) (13.1) 10.1 Net Other Operating Income and Expenses 5,2

  6. Slide 6: Balance Sheet Highlight – Dec. 31, 2021

    Balance Sheet Highlight – Dec. 31, 2021 Unit: NT$ M Cash and Cash Equivalents 132,622 Funds and Investments 72,552 Property, Plant and Equipment 129,942 Total Assets 464,427 Current Liabilities 105,454 Long-term Credit / Bonds 39,830 Total Equity 281,203 UMC © 2022 6

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

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,000 500 0 4Q20 1Q21 2Q21 3Q21 4Q21 UMC © 2022 7

  8. Slide 8: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 4Q21 3Q21 Europe Japan Europe Japan 7% 6% 7% 6% North North America America 21% 22% Asia Asia 66% 65% UMC © 2022 8

  9. Slide 9: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 2021 2020 Europe Japan Europe Japan 7% 6% 6% 7% Asia Asia 65% 57% North North America America 22% 30% UMC © 2022 9

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

    Foundry Segment Sales Breakdown by Customer Type 4Q21 3Q21 IDM IDM 14% 14% Fabless Fabless 86% 86% UMC © 2022 10

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

    Foundry Segment Sales Breakdown by Customer Type 2021 2020 IDM IDM 15% 12% Fabless Fabless 85% 88% UMC © 2022 11

  12. Slide 12: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 4Q21 3Q21 Others Others 11% 10% Computer Computer 17% 17% Communication Communication 46% 46% Consumer Consumer 26% 27% UMC © 2022 12

  13. Slide 13: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 2021 2020 Others Others 10% 10% Computer Computer 17% 14% Communication Communication 46% 52% Consumer Consumer 27% 24% UMC © 2022 13

  14. Slide 14: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 4Q21 3Q21 ≤ 40nm ≤ 40nm ≥0.5um ≤14nm ≥0.5um ≤14nm 38% 37% 0% 0% 0.25/0.35um 3% 22/28nm 0.25/0.35um 3% 22/28nm 7% 20% 8% 19% 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 65nm 8% 65nm 8% 19% 19% UMC © 2022 14

  15. Slide 15: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 2021 2020 ≤ 40nm ≤ 40nm ≥ 0.5um ≤ 14nm ≥ 0.5um ≤ 14nm 38% 37% 0% 0% 0.25/0.35um 2% 22/28nm 0.25/0.35um 3% 22/28nm 8% 20% 8% 14% 0.15/0.18um 0.15/0.18um 13% 13% 40nm 40nm 18% 23% 0.11/0.13um 12% 0.11/0.13um 11% 90nm 65nm 65nm 90nm 8% 19% 17% 11% UMC © 202

  16. Slide 16: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 2Q21 3Q21 4Q21 1Q22E WTK (6") 84 80 81 82 8A (8") 190 190 190 189 8C (8") 115 115 115 113 8D (8") 95 95 95 101 8E (8") 115 115 115 116 8F (8") 122 137 137 136 8S (8") 102 102 102 109 8N (8") 230 230 232 231 12A (12") 271 271 271 267 12i (12") 160 160 164 162

  17. Slide 17: 2022 Foundry Capital Expenditure Plan

    2022 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 3.0 billion USD UMC © 2022 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

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