United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2020 Earnings Presentation

18 slides from United Microelectronics's earnings presentation, Jan 27, 2021

  1. Slide 1: UMC 4Q20 Financial Review

    UMC 4Q20 Financial Review January 27, 2021

  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 2020 2020 2019 4Q / Dec. 3Q / Sep. 4Q / Dec. Operating Revenues 45,296 44,870 41,849 Net Income Attributable to 11,196 9,106 3,837 Stockholders of the Parent EPS (NTD) 0.92 0.75 0.33 Cash and Cash Equivalents 94,048 98,839 95,492 Total Assets 377,516 368,244 370

  4. Slide 4: Statements of Comprehensive Income - QoQ

    Statements of Comprehensive Income - QoQ Unit: NT$ M 4Q20 % 3Q20 % Change % Operating Revenues 45,296 100.0 44,870 100.0 0.9 Gross Profit 10,848 23.9 9,769 21.8 11.0 Operating Expenses (6,335) (14.0) (5,508) (12.3) 15.0 Net Other Operating Income and Expenses 1,102 2.5 2,872 6.4 (61.6) Operating Inc

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

    Statements of Comprehensive Income - YoY: 12 Months Unit: NT$ M 2020 2019 Change % % Jan.~Dec. Jan.~Dec. % Operating Revenues 176,821 100.0 148,202 100.0 19.3 Gross Profit 38,997 22.1 21,315 14.4 83.0 Operating Expenses (23,244) (13.1) (21,807) (14.7) 6.6 Net Other Operating Income and Expenses 6,25

  6. Slide 6: Balance Sheet Highlight – Dec. 31, 2020

    Balance Sheet Highlight – Dec. 31, 2020 Unit: NT$ M Cash and Cash Equivalents 94,048 Funds and Investments 56,578 Property, Plant and Equipment 132,775 Total Assets 377,516 Current Liabilities 78,243 Long-term Credit / Bonds 24,771 Total Equity 235,773 UMC © 2021 6

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

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD UMC © 2021 7

  8. Slide 8: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 4Q20 3Q20 Europe Japan Europe Japan 5% 5% 6% 7% Asia Asia 61% 57% North North America America 29% 30% UMC © 2021 8

  9. Slide 9: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 2020 2019 Europe Japan Europe Japan 6% 7% 6% 5% Asia Asia 57% 57% North North America America 30% 32% UMC © 2021 9

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

    Foundry Segment Sales Breakdown by Customer Type 4Q20 3Q20 IDM IDM 13% 12% Fabless Fabless 87% 88% UMC © 2021 10

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

    Foundry Segment Sales Breakdown by Customer Type 2020 2019 IDM IDM 12% 9% Fabless Fabless 88% 91% UMC © 2021 11

  12. Slide 12: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 4Q20 3Q20 Others Others 10% 9% Computer Computer 16% 13% Communication Communication 49% 54% Consumer Consumer 25% 24% UMC © 2021 12

  13. Slide 13: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 2020 2019 Others Others 10% 8% Computer Computer 14% 14% Communication Communication 52% 52% Consumer Consumer 24% 26% UMC © 2021 13

  14. Slide 14: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 4Q20 3Q20 ≥0.5um ≤14nm ≥0.5um ≤14nm 0% 28nm 0% 28nm 0.25/0.35um 2% ≤ 40nm 0.25/0.35um 2% ≤ 40nm 8% 18% 40% 8% 14% 37% 0.15/0.18um 0.15/0.18um 13% 13% 40nm 40nm 22% 23% 0.11/0.13um 0.11/0.13um 11% 11% 90nm 90nm 8% 65nm 65nm 18% 10% 19% UMC © 2021 14

  15. Slide 15: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 2020 2019 ≥ 0.5um ≤ 14nm ≥ 0.5um ≤ 14nm 0% 28nm 0% 0.25/0.35um 3% ≤ 40nm 0.25/0.35um 3% 28nm ≤ 40nm 8% 14% 37% 11% 34% 9% 0.15/0.18um 0.15/0.18um 13% 13% 40nm 40nm 23% 23% 0.11/0.13um 11% 0.11/0.13um 12% 65nm 65nm 90nm 17% 90nm 11% 14% 15% UMC © 2021 15

  16. Slide 16: Quarterly Capacity

    Quarterly Capacity Unit: in thousands FAB 2Q20 3Q20 4Q20 1Q21E WTK (6") 93 93 93 84 8A (8") 201 201 201 186 8C (8") 113 113 113 113 8D (8") 93 93 93 94 8E (8") 113 113 113 113 8F (8") 122 122 122 120 8S (8") 93 93 93 101 8N (8") 230 230 230 226 12A (12") 261 261 261 257 12i (12") 155 160 160 157 12X

  17. Slide 17: 2021 Foundry Capital Expenditure Plan

    2021 Foundry Capital Expenditure Plan 8" 12" Total 15% 85% 1.5 billion USD UMC © 2021 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

United Microelectronics — Q4 2020 Earnings Presentation on 6ix