United Microelectronics Corp. · TWSE:2303
United Microelectronics — Q2 2010 Earnings Presentation
15 slides from United Microelectronics's earnings presentation, Aug 4, 2010
Slide 1: UMC 2010 Q2 Financial Review
UMC 2010 Q2 Financial Review August 4, 2010
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 2010 2010 2009 Q2 / Jun Q1 / Mar Q2 / Jun Net Operating Revenues 29,745 26,715 22,628 Net Income 5,273 3,482 1,547 EPS (NTD) 0.42 0.28 0.12 Cash and Cash Equivalents 45,506 48,536 37,904 Total Assets 248,069 246,772 214,481 Total Liabilities 42,418 38,938 24,240
Slide 4: Income Statement - QoQ
Income Statement - QoQ Unit: NT M Change Q2-10 % Q1-10 % % Net Operating Revenues 29,745 100.0 26,715 100.0 11.3 Gross Profit 8,805 29.6 6,559 24.6 34.2 Operating Expenses (3,368) (11.3) (3,155) (11.9) 6.8 Operating Income 5,437 18.3 3,404 12.7 59.7 Net Non-operating Income 199 0.7 197 0.8 1.0 Incom
Slide 5: Income Statement - YoY: 6 Months
Income Statement - YoY: 6 Months Unit: NT M Change H1-10 % H1-09 % % Net Operating Revenues 56,460 100.0 33,466 100.0 68.7 Gross Profit 15,364 27.2 1,046 3.1 1,368.8 Operating Expenses (6,523) (11.5) (5,667) (16.9) 15.1 Operating Income (Loss) 8,841 15.7 (4,621) (13.8) - Net Non-operating Income (Ex
Slide 6: Investment Income
Investment Income Unit: NT M Q2-10 Q1-10 Investment loss accounted for under the equity method (66) (136) Gain (Loss) on valuation of financial assets (167) 144 Cash dividends 30 0 Total (203) 8 P. 6
Slide 7: Balance Sheet Highlight - Jun. 30, 2010
Balance Sheet Highlight - Jun. 30, 2010 Unit: NT M Cash and Cash Equivalents 45,506 Funds and Investments 65,129 Fixed Assets 93,069 Total Assets 248,069 Current Liabilities 38,007 Long-term Loans 915 Shareholders' Equity 205,651 Depreciation Expense (YTD) 15,523 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 Q2-09 Q3-09 Q4-09 Q1-10 Q2-10 P. 8
Slide 9: Sales Breakdown by Geography
Sales Breakdown by Geography 2010 Q2 2010 Q1 Europe Japan Europe Japan 11% 1% 10% 1% Asia Asia 42% 42% North North America America 46% 47% P. 9
Slide 10: Sales Breakdown by Customer
Sales Breakdown by Customer 2010 Q2 2010 Q1 IDM IDM 19% 19% Fabless Fabless 81% 81% P. 10
Slide 11: Sales Breakdown by Application
Sales Breakdown by Application 2010 Q2 2010 Q1 Other Memory Other Memory 1% 1% 1% 1% Computer Computer 13% 13% Communication Communication 54% 59% Consumer Consumer 31% 26% P. 11
Slide 12: Sales Breakdown by Technology
Sales Breakdown by Technology 2010 Q2 2010 Q1 40nm 40nm ≥ 0.5um ≤ 65nm ≥ 0.5um ≤ 65nm 3% 1% 5% 24% 6% 18% 0.25 / 0.35um 65nm 0.25 / 0.35um 65nm 13% 21% 11% 17% 0.15 / 0.18um 0.15 / 0.18um 18% 18% 90nm 90nm 18% 22% 0.13/0.11um 0.13/0.11um 22% 25% P. 12
Slide 13: Quarterly Capacity
Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 4Q09 1Q10 2Q10 3Q10E Fab6A 82 82 83 83 Fab8A 204 204 204 204 Fab8C 99 96 90 90 Fab8D 68 71 78 81 Fab8E 102 102 102 102 Fab8F 96 96 96 98 Fab8S 75 75 75 77 Fab12A 200 209 209 210 Fab12i 206 219 245 275 Total 1,132 1,154 1,183 1,220 P. 13
Slide 14: 2010 Capital Expenditure Plan
2010 Capital Expenditure Plan 8" 12" Total UMC 13% 87% 1.8 billion 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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