United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q1 2009 Earnings Presentation
15 slides from United Microelectronics's earnings presentation, Apr 29, 2009
Slide 1: UMC 2009 Q1 Financial Review
UMC 2009 Q1 Financial Review April 29, 2009
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
Slide 3: Operating Results Summary
Operating Results Summary Unit: NT M 2009 2008 2008 Q1 / Mar Q4 / Dec Q1 / Mar Net Operating Revenues 10,838 18,541 24,003 Net Income (Loss) (8,160) (23,510) 206 EPS (NTD) (0.64) (1.81) 0.02 Cash and Cash Equivalents 35,906 36,124 29,635 Total Assets 206,132 207,988 262,233 Total Liabilities 22,669
Slide 4: Income Statement - QoQ
Income Statement - QoQ Unit: NT M Change Q1-09 % Q4-08 % % Net Operating Revenues 10,838 100.0 18,541 100.0 (41.5) Gross Profit (Loss) (4,335) (40.0) (804) (4.3) 439.2 Operating Expenses (2,982) (27.5) (3,073) (16.6) (3.0) Operating Income (Loss) (7,317) (67.5) (3,877) (20.9) 88.7 Net Non-operating
Slide 5: Income Statement - YoY: 3 Months
Income Statement - YoY: 3 Months Unit: NT M Change Q1-09 % Q1-08 % % Net Operating Revenues 10,838 100.0 24,003 100.0 (54.8) Gross Profit (Loss) (4,335) (40.0) 3,647 15.2 - Operating Expenses (2,982) (27.5) (3,386) (14.1) (11.9) Operating Income (Loss) (7,317) (67.5) 261 1.1 - Net Non-operating Inco
Slide 6: Investment Income
Investment Income Unit: NT M Q1-09 Q4-08 Investment loss accounted for under the equity method (599) (12,324) Impairment loss - (2,819) Loss on valuation of financial assets (480) (334) Cash dividends - 12 Total (1,079) (15,465) P. 6
Slide 7: Balance Sheet Highlight - Mar. 31, 2009
Balance Sheet Highlight - Mar. 31, 2009 Unit: NT M Cash and Cash Equivalents 35,906 Funds and Investments 53,840 Fixed Assets 94,615 Total Assets 206,132 Current Liabilities 10,953 Bonds Payable 7,498 Shareholders' Equity 183,463 Depreciation Expense (YTD) 8,461 P. 7
Slide 8: Average Selling Price Trend - 8" Wafer Equivalent
Average Selling Price Trend- 8” Wafer Equivalent Unit: USD 1,500 1,000 500 0 Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 P. 8
Slide 9: Sales Breakdown by Geography
Sales Breakdown by Geography 2009 Q1 2008 Q4 Europe Japan Europe Japan 9% 1% 10% 2% Asia Asia 37% 31% North North America America 53% 57% P. 9
Slide 10: Sales Breakdown by Customer
Sales Breakdown by Customer 2009 Q1 2008 Q4 IDM IDM 20% 20% Fabless Fabless 80% 80% P. 10
Slide 11: Sales Breakdown by Application
Sales Breakdown by Application 2009 Q1 2008 Q4 Other Other 2% Memory 1% Memory 1% 1% Computer Computer 15% 15% Communication Communication 57% 61% Consumer Consumer 25% 22% P. 11
Slide 12: Sales Breakdown by Technology
Sales Breakdown by Technology 2009 Q1 2008 Q4 ≥ 0.5um 65nm ≥ 0.5um 65nm 6% 11% 5% 8% 0.25 / 0.35um 0.25 / 0.35um 18% 15% 90nm 90nm 27% 27% 0.15 / 0.18um 0.15 / 0.18um 22% 23% 0.13um 0.13um 16% 22% P. 12
Slide 13: Quarterly Capacity
Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 3Q08 4Q08 1Q09 2Q09E Fab 6A 82 82 82 82 Fab 8A 204 204 204 204 Fab 8C 108 108 105 102 Fab 8D 63 63 66 66 Fab 8E 102 102 102 102 Fab 8F 93 93 93 96 Fab 8S 75 75 75 75 Fab 12A 220 222 222 222 Fab 12i 202 202 202 202 Total 1,149 1,151 1,151 1,151
Slide 14: 2009 Capital Expenditure Plan
2009 Capital Expenditure Plan 8" Fab 12" Fab Total Not to exceed UMC 4% 96% 400 million USD P. 14
Slide 15: For more information regarding UMC
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com P. 15
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