United Microelectronics Corp. · TWSE:2303

United Microelectronics — Q4 2007 Earnings Presentation

20 slides from United Microelectronics's earnings presentation, Jan 30, 2008

  1. Slide 1: UMC 2007 Q4 Financial Review

    UMC 2007 Q4 Financial Review Jan 30, 2008 P. 1

  2. Slide 2: Note Concerning Forward-Looking Statements

    NOTE CONCERNING FORWARD-LOOKING STATEMENTS Except for statements in respect of historical matters, the statements in this release contain "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. The

  3. Slide 3: Operating Results Summary

    Operating Results Summary Unit: NT M 2007 2007 2006 Q4 / Dec Q3 / Sep Q4 / Dec Net Operating Revenues 27,621 31,028 26,112 Net Income 1,359 9,233 5,689 EPS (NTD) 0.16 0.57 0.33 Cash and Cash Equivalents 37,453 76,787 83,395 Total Assets 290,763 351,859 355,229 Total Liabilities 54,296 105,210 64,064

  4. Slide 4: Income Statement - QoQ

    Income Statement - QoQ Unit: NT M Change Q4-07 % Q3-07 % % Net Operating Revenues 27,621 100.0 31,028 100.0 (11.0) Gross Profit 5,649 20.5 8,223 26.5 (31.3) Operating Expenses (4,323) (15.7) (3,988) (12.9) 8.4 Operating Income (Loss) 1,326 4.8 4,235 13.6 (68.7) Net Non-operating Income (Expense) 1,0

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

    Income Statement - YoY: 12 Months Unit: NT M 2007 2006 Change % % Jan~Dec Jan~Dec % Net Operating Revenues 106,771 100.0 104,099 100.0 2.6 Gross Profit 22,506 21.1 20,693 19.9 8.8 Operating Expenses (15,701) (14.7) (14,569) (14.0) 7.8 Operating Income (Loss) 6,805 6.4 6,124 5.9 11.1 Net Non-operatin

  6. Slide 6: Investment Income

    Investment Income Unit: NT M Q4-07 Q3-07 Investment income (Loss) accounted for under (213) 1,590 the equity method Gain (Loss) on valuation of financial assets (752) (1,948) Cash dividends 6 2,034 Total (959) 1,676 P. 6 Page 6

  7. Slide 7: Balance Sheet Highlight - Dec. 31, 2007

    Balance Sheet Highlight - Dec. 31, 2007 Unit: NT M Cash and Cash Equivalents 37,453 Funds and Investments 81,429 Fixed Assets 129,815 Total Assets 290,763 Current Liabilities 43,153 Long-term Debts 7,495 Stockholders' Equity 236,467 Depreciation Expense (YTD) 36,393 P. 7 Page 7

  8. Slide 8: Average Selling Price Trend - 8" Wafer Equivalent

    Average Selling Price Trend- 8” Wafer Equivalent Unit: USD 1,500 1,000 500 0 Q4-06 Q1-07 Q2-07 Q3-07 Q4-07 P. 8 Page 8

  9. Slide 9: Sales Breakdown by Geography

    Sales Breakdown by Geography 2007 Q4 2007 Q3 Japan Japan Europe Europe 2% 2% 10% 9% Asia Asia 37% 40% North North America America 51% 49% P. 9 Page 9

  10. Slide 10: Sales Breakdown by Geography

    Sales Breakdown by Geography 2007 2006 Japan Japan Europe Europe 3% 3% 9% 9% Asia Asia 40% 35% North North America America 48% 53% P. 10 Page 10

  11. Slide 11: Sales Breakdown by Customer

    Sales Breakdown by Customer 2007 Q4 2007 Q3 IDM IDM 24% 27% Fabless Fabless 76% 73% P. 11 Page 11

  12. Slide 12: Sales Breakdown by Customer

    Sales Breakdown by Customer 2007 2006 IDM IDM 25% 37% Fabless Fabless 75% 63% P. 12 Page 12

  13. Slide 13: Sales Breakdown by Application

    Sales Breakdown by Application 2007 Q4 2007 Q3 Other Other Memory Memory 1% 1% 1% Computer 1% Computer 19% 18% Communication Communication 56% 57% Consumer Consumer 23% 23% P. 13 Page 13

  14. Slide 14: Sales Breakdown by Application

    Sales Breakdown by Application 2007 2006 Other Other Memory Memory 1% 1% 1% Computer 1% Computer 18% 16% Communication Communication 56% 56% Consumer Consumer 24% 26% P. 14 Page 14

  15. Slide 15: Sales Breakdown by Technology

    Sales Breakdown by Technology 2007 Q4 2007 Q3 ≥ 0.5um 65nm 3% ≥ 0.5um 65nm 1% 7% 6% 90nm 90nm 23% 24% 0.25 / 0.35um 0.25 / 0.35um 18% 20% 0.13um 0.13um 22% 23% 0.15 / 0.18um 0.15 / 0.18um 27% 26% P. 15 Page 15

  16. Slide 16: Sales Breakdown by Technology

    Sales Breakdown by Technology 2007 2006 ≥ 0.5um 65nm ≥ 0.5um 65nm 7% 2% 90nm 9% 1% 90nm 21% 17% 0.25 / 0.35um 0.25 / 0.35um 21% 23% 0.13um 22% 0.13um 22% 0.15 / 0.18um 0.15 / 0.18um 27% 28% P. 16 Page 16

  17. Slide 17: Quarterly Capacity

    Quarterly Capacity unit: in thousands (8" wafer eq.) FAB 2Q07 3Q07 4Q07 1Q08E Fab 6A 82 82 82 82 Fab 8AB 204 204 204 204 Fab 8C 100 100 100 100 Fab 8D 65 65 65 65 Fab 8E 102 102 102 102 Fab 8F 93 93 93 93 Fab 8S 69 69 69 69 Fab 12A 215 216 216 216 Fab 12i 140 164 169 169 Total 1,070 1,095 1,100 1,10

  18. Slide 18: 2007 Capital Expenditure

    2007 Capital Expenditure 8" Fab 12" Fab 12" R&D Total UMC 2% 80% 18% 0.9 billion USD P. 18 Page 18

  19. Slide 19: 2008 Capital Expenditure Plan

    2008 Capital Expenditure Plan 8" Fab 12" Fab 12" R&D Total UMC 10% 64% 26% 500-700 million USD P. 19 Page 19

  20. Slide 20: For more information regarding UMC

    For more information regarding UMC www.umc.com For all inquiries, suggestions, and comments [email protected] P. 20 Page 20

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