United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2013 Earnings Presentation

19 slides from United Microelectronics's earnings presentation, Jan 24, 2014

  1. Slide 1: UMC 4Q13 Financial Review

    UMC 4Q13 Financial Review January 24, 2014

  2. 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

  3. Slide 3: Operating Results Summary

    Operating Results Summary Unit: NT M 2013 2013 2012 4Q / Dec 3Q / Sep 4Q / Dec Net Operating Revenues 30,719 33,407 28,854 Net Income Attributable to the 749 3,476 739 Stockholders of the Parent EPS (NTD) 0.06 0.28 0.06 Cash and Cash Equivalents 50,831 50,336 42,488 Total Assets 295,903 299,749 283,

  4. Slide 4: Income Statement - QoQ

    Income Statement - QoQ Unit: NT M 4Q13 % 3Q13 % Change % Net Operating Revenues 30,719 100.0 33,407 100.0 (8.0) Gross Profit 5,557 18.1 7,337 22.0 (24.3) Operating Expenses (5,317) (17.4) (4,894) (14.7) 8.6 Net Other Operating Income and Expenses (46) (0.1) (48) (0.1) (4.2) Operating Income 194 0.6

  5. Slide 5: Income Statement - YoY: 12 Months

    Income Statement - YoY: 12 Months Unit: NT M 2013 2012 Change % % Jan~Dec Jan~Dec % Net Operating Revenues 123,812 100.0 115,675 100.0 7.0 Gross Profit 23,563 19.0 19,310 16.7 22.0 Operating Expenses (19,406) (15.6) (15,666) (13.6) 23.9 Net Other Operating Income and Expenses (125) (0.1) (2,791) (2.

  6. Slide 6: Balance Sheet Highlight – Dec. 31, 2013

    Balance Sheet Highlight – Dec. 31, 2013 Unit: NT M Cash and Cash Equivalents 50,831 Funds and Investments 32,144 Property , Plant and Equipment 162,353 Total Assets 295,903 Current Liabilities 48,204 Long-term Credit / Bonds 28,415 Stockholders' Equity 212,441 UMC © 2013 6

  7. Slide 7: Operating Segments

    Operating Segments 2013 4Q / Dec Unit: NT M Wafer New Adjustment/ Subtotal Consolidated Fabrication Business Elimination Segment Revenues 28,580 2,164 30,744 (25) 30,719 Segment Net Income (Loss), 778 (670) 108 480 588 net of tax Segment Assets 283,921 17,775 301,696 (5,793) 295,903 Segment Liabilit

  8. Slide 8: ASP Trend: 8" Wafer Equivalent

    Foundry ASP Trend : 8” Wafer Equivalent Unit: USD 1,500 1,000 500 0 4Q12 1Q13 2Q13 3Q13 4Q13 Note: 2012 figures account for UMC parent company only. UMC © 2013 8

  9. Slide 9: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 4Q13 3Q13 Europe Japan Europe Japan 8% 4% 7% 6% Asia Asia 41% 44% North North America America 47% 43% UMC © 2013 9

  10. Slide 10: Foundry Segment Sales Breakdown by Geography

    Foundry Segment Sales Breakdown by Geography 2013 2012 Europe Japan Europe Japan 8% 4% 8% 2% Asia Asia 43% 44% North North America America 45% 46% UMC © 2013 10

  11. Slide 11: Foundry Segment Sales Breakdown by Customer

    Foundry Segment Sales Breakdown by Customer 4Q13 3Q13 IDM IDM 11% 14% Fabless Fabless 89% 86% UMC © 2013 11

  12. Slide 12: Foundry Segment Sales Breakdown by Customer

    Foundry Segment Sales Breakdown by Customer 2013 2012 IDM IDM 11% 16% Fabless Fabless 89% 84% UMC © 2013 12

  13. Slide 13: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 4Q13 3Q13 Other Other 5% 4% Computer Computer 15% 16% Communication Communication 49% 52% Consumer Consumer 31% 28% UMC © 2013 13

  14. Slide 14: Foundry Segment Sales Breakdown by Application

    Foundry Segment Sales Breakdown by Application 2013 2012 Other Other 4% 3% Computer Computer 17% 19% Communication Communication 50% 50% Consumer Consumer 29% 28% UMC © 2013 14

  15. Slide 15: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 4Q13 3Q13 ≥ 0.5um ≤ 40nm ≥ 0.5um ≤ 40nm 3% 24% 3% 20% 0.25/0.35um ≤ 65nm 0.25/0.35um ≤ 65nm 11% 53% 10% 54% 0.15/0.18um 0.15/0.18um 12% 11% 65nm 65nm 29% 34% 0.11/0.13um 0.11/0.13um 14% 16% 90nm 90nm 7% 6% UMC © 2013 15

  16. Slide 16: Foundry Segment Sales Breakdown by Technology

    Foundry Segment Sales Breakdown by Technology 2013 2012 ≥ 0.5um ≤ 40nm ≥ 0.5um ≤ 40nm 4% 20% 4% 11% 0.25/0.35um ≤ 65nm 0.25/0.35um ≤ 65nm 11% 52% 12% 51% 0.15/0.18um 0.15/0.18um 12% 10% 65nm 65nm 32% 40% 0.11/0.13um 0.11/0.13um 15% 16% 90nm 90nm 6% 7% UMC © 2013 16

  17. Slide 17: Quarterly Capacity

    Quarterly Capacity Unit : in thousands FAB 2Q13 3Q13 4Q13 1Q14E Fab6A (6") 113 113 113 111 Fab8A (8") 204 204 204 201 Fab8C (8") 87 87 87 86 Fab8D (8") 96 96 96 94 Fab8E (8") 105 105 105 103 Fab8F (8") 98 98 98 96 Fab8S (8") 84 84 84 83 Fab8N (8") 128 128 128 126 Fab12A (12") 164 164 164 171 Fab12i

  18. Slide 18: 2014 Foundry Capital Expenditure Plan

    2014 Foundry Capital Expenditure Plan 8" 12" Total 10% 90% 1.1~1.3 billion USD UMC © 2013 18

  19. Slide 19: For more information regarding UMC

    For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments [email protected]

United Microelectronics — Q4 2013 Earnings Presentation on 6ix