United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q2 2009 Earnings Presentation
15 slides from United Microelectronics's earnings presentation, Jul 29, 2009
Slide 1: UMC 2009 Q2 Financial Review
UMC 2009 Q2 Financial Review July 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 2009 2008 Q2 / Jun Q1 / Mar Q2 / Jun Net Operating Revenues 22,628 10,838 25,238 Net Income (Loss) 1,547 (8,160) 2,397 EPS (NTD) 0.12 (0.64) 0.19 Cash and Cash Equivalents 37,904 35,906 25,418 Total Assets 214,481 206,132 243,218 Total Liabilities 24,240 22,
Slide 4: Income Statement - QoQ
Income Statement - QoQ Unit: NT M Change Q2-09 % Q1-09 % % Net Operating Revenues 22,628 100.0 10,838 100.0 108.8 Gross Profit (Loss) 5,381 23.8 (4,335) (40.0) - Operating Expenses (2,685) (11.9) (2,982) (27.5) (10.0) Operating Income (Loss) 2,696 11.9 (7,317) (67.5) - Net Non-operating Income (Expe
Slide 5: Income Statement - YoY: 6 Months
Income Statement - YoY: 6 Months Unit: NT M Change H1-09 % H1-08 % % Net Operating Revenues 33,466 100.0 49,241 100.0 (32.0) Gross Profit 1,046 3.1 9,465 19.2 (88.9) Operating Expenses (5,667) (16.9) (6,840) (13.9) (17.1) Operating Income (Loss) (4,621) (13.8) 2,625 5.3 - Net Non-operating Income (E
Slide 6: Investment Income
Investment Income Unit: NT M Q2-09 Q1-09 Investment loss accounted for under the equity method (1,666) (599) Gain(Loss) on valuation of financial assets 43 (480) Cash dividends 37 - Total (1,586) (1,079) P. 6
Slide 7: Balance Sheet Highlight - Jun. 30, 2009
Balance Sheet Highlight - Jun. 30, 2009 Unit: NT M Cash and Cash Equivalents 37,904 Funds and Investments 58,424 Fixed Assets 86,662 Total Assets 214,481 Current Liabilities 19,960 Long-term Loans 789 Shareholders' Equity 190,241 Depreciation Expense (YTD) 16,735 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 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 P. 8
Slide 9: Sales Breakdown by Geography
Sales Breakdown by Geography 2009 Q2 2009 Q1 Europe Japan Europe Japan 10% 1% 9% 1% Asia Asia 42% 37% North North America America 47% 53% P. 9
Slide 10: Sales Breakdown by Customer
Sales Breakdown by Customer 2009 Q2 2009 Q1 IDM IDM 23% 20% Fabless Fabless 77% 80% P. 10
Slide 11: Sales Breakdown by Application
Sales Breakdown by Application 2009 Q2 2009 Q1 Other Other 1% Memory 2% Memory 1% 1% Computer Computer 15% 15% Communication Communication 62% 57% Consumer Consumer 21% 25% P. 11
Slide 12: Sales Breakdown by Technology
Sales Breakdown by Technology 2009 Q2 2009 Q1 ≥ 0.5um 65nm ≥ 0.5um 65nm 5% 12% 6% 11% 0.25 / 0.35um 0.25 / 0.35um 16% 18% 90nm 90nm 27% 27% 0.15 / 0.18um 0.15 / 0.18um 21% 22% 0.13um 0.13um 19% 16% P. 12
Slide 13: Quarterly Capacity
Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 4Q08 1Q09 2Q09 3Q09E Fab 6A 82 82 82 82 Fab 8A 204 204 204 204 Fab 8C 108 105 99 99 Fab 8D 63 66 68 68 Fab 8E 102 102 102 102 Fab 8F 93 93 96 96 Fab 8S 75 75 75 75 Fab 12A 222 222 222 222 Fab 12i 202 202 203 203 Total 1,151 1,151 1,151 1,151 P
Slide 14: 2009 Capital Expenditure Plan
2009 Capital Expenditure Plan 8" 12" Total UMC 18% 82% 500 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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