United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q3 2009 Earnings Presentation
15 slides from United Microelectronics's earnings presentation, Oct 28, 2009
Slide 1: UMC 2009 Q3 Financial Review
UMC 2009 Q3 Financial Review October 28, 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 Q3 / Sep Q2 / Jun Q3 / Sep Net Operating Revenues 27,406 22,628 24,748 Net Income (Loss) 6,091 1,547 (1,413) EPS (NTD) 0.48 0.12 (0.11) Cash and Cash Equivalents 44,636 37,904 25,194 Total Assets 231,731 214,481 224,523 Total Liabilities 27,367 24,
Slide 4: Income Statement - QoQ
Income Statement - QoQ Unit: NT M Change Q3-09 % Q2-09 % % Net Operating Revenues 27,406 100.0 22,628 100.0 21.1 Gross Profit 7,655 27.9 5,381 23.8 42.3 Operating Expenses (3,446) (12.5) (2,685) (11.9) 28.3 Operating Income 4,209 15.4 2,696 11.9 56.1 Net Non-operating Income (Expense) 2,180 7.9 (901
Slide 5: Income Statement - YoY: 9 Months
Income Statement - YoY: 9 Months Unit: NT M 2009 2008 Change % % Jan~Sep Jan~Sep % Net Operating Revenues 60,872 100.0 73,989 100.0 (17.7) Gross Profit 8,701 14.3 13,624 18.4 (36.1) Operating Expenses (9,113) (15.0) (10,261) (13.9) (11.2) Operating Income (Loss) (412) (0.7) 3,363 4.5 - Net Non-opera
Slide 6: Investment Income
Investment Income Unit: NT M Q3-09 Q2-09 Investment gain(loss) accounted for under the equity method 592 (1,666) Gain on valuation of financial assets 490 43 Cash dividends 654 37 Total 1,736 (1,586) P. 6
Slide 7: Balance Sheet Highlight - Sep. 30, 2009
Balance Sheet Highlight - Sep. 30, 2009 Unit: NT M Cash and Cash Equivalents 44,636 Funds and Investments 69,065 Fixed Assets 83,403 Total Assets 231,731 Current Liabilities 22,970 Long-term Loans 878 Shareholders' Equity 204,364 Depreciation Expense (YTD) 24,871 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 Q3-08 Q4-08 Q1-09 Q2-09 Q3-09 P. 8
Slide 9: Sales Breakdown by Geography
Sales Breakdown by Geography 2009 Q3 2009 Q2 Europe Japan Europe Japan 9% 1% 10% 1% Asia Asia 41% 42% North North America America 49% 47% P. 9
Slide 10: Sales Breakdown by Customer
Sales Breakdown by Customer 2009 Q3 2009 Q2 IDM IDM 21% 23% Fabless Fabless 79% 77% P. 10
Slide 11: Sales Breakdown by Application
Sales Breakdown by Application 2009 Q3 2009 Q2 Other OtherMemory 1% 1% 1% Computer Computer 17% 15% Communication Communication 59% 62% Consumer Consumer 23% 21% P. 11
Slide 12: Sales Breakdown by Technology
Sales Breakdown by Technology 2009 Q3 2009 Q2 ≥ ≥ 0.5um ≤ 65nm ≤ 65nm 0.5um 5% 14% 12% 5% 0.25 / 0.35um 0.25 / 0.35um 13% 16% 90nm 90nm 26% 27% 0.15 / 0.18um 0.15 / 0.18um 21% 21% 0.13um 0.13um 21% 19% P. 12
Slide 13: Quarterly Capacity
Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 1Q09 2Q09 3Q09 4Q09E Fab6A 82 82 82 82 Fab8A 204 204 204 204 Fab8C 105 99 99 99 Fab8D 66 68 68 68 Fab8E 102 102 102 102 Fab8F 93 96 96 96 Fab8S 75 75 75 75 Fab12A 222 222 222 222 Fab12i 202 203 204 206 Total 1,151 1,151 1,152 1,154 P. 13
Slide 14: 2009 Capital Expenditure Plan
2009 Capital Expenditure Plan 8" 12" Total UMC 18% 82% 500 million USD P. 14
Slide 15: www.umc.com ir@umc.com
For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments ir@umc.com P. 15
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