Consolidated revenue increased 14.8% QoQ from NT$27.78 billion in 1Q13 to NT$31.91 billion in 2Q13, and increased 5.0% YoY from NT$30.38 billion in 2Q12.  Gross profit was NT$6.18 billion, or 19.4% of revenue, compared to NT$4.49 billion, or 16.2% of 1Q13 revenue.  Operating income for the quarter was NT$1.15 billion, or 3.6% of revenue, compared to operating income of NT$0.29 billion, or 1.1% of 1Q13 revenue.  Net income attributable to the stockholders of the parent was NT$1.81 billion, compared to NT$6.59 billion in 1Q13.

Earnings per ordinary share for the quarter were NT$0.15.  Earnings per ADS were US$0.025.  The basic weighted average number of outstanding shares in 2Q13 was 12,464,972,126, compared with 12,631,240,995 shares in 1Q13 and 12,621,506,549 shares in 2Q12.  The diluted weighted average number of outstanding shares was 13,236,433,274 in 2Q13, compared with 13,396,609,065 shares in 1Q13 and 13,443,771,438 shares in 2Q12.  The fully diluted share count on June 30, 2013 was approximately 13,754,875,000.  On June 30, 2013, UMC held 200 million treasury shares acquired from the 15th share buy-back program.

Detailed Financials Section

The rise in revenue and other manufacturing costs were largely due to the increase in shipments for 2Q13.  R&D expenses rose to NT$3.25 billion from NT$2.40 billion QoQ, mainly reflecting the development costs associated with 28nm, 14nm and 10nm.