Accounts Payable increased to NT$2.58 billion due to the acquisition of more raw materials during the first quarter. Total liabilities decreased to NT$22.67 billion in 1Q09. UMC's Debt to Equity ratio slightly decreased to 12%.
Analysis of Revenue( Note 3)
Revenue Breakdown by Region
Region 1Q09 4Q08 3Q08 2Q08 1Q08
North America 53% 57% 60% 50% 58%
Asia Pacific 37% 31% 32% 35% 29%
Europe 9% 10% 6% 13% 11%
Japan 1% 2% 2% 2% 2%
The percentage of revenue from the Asia Pacific region increased to 37%, while the percentage of revenue from the North America and the Europe regions decreased to 53% and 9% in 1Q09.
Revenue Breakdown by Geometry
Geometry 1Q09 4Q08 3Q08 2Q08 1Q08
65nm 11% 8% 7% 5% 7%
90nm 27% 27% 31% 31% 30%
90nm < x <=0.13um 16% 22% 20% 21% 21%
0.13um < x <=0.18um 22% 23% 21% 20% 22%
0.18um < x <=0.35um 18% 15% 16% 18% 14%
0.5um and above 6% 5% 5% 5% 6%
The percentage of revenue from 0.13um business decreased to 16%. This was due to decreasing demand for communication chips. The percentage of revenue from 90nm and below was 38% in 1Q09.
Revenue Breakdown by Customer Type
Customer Type 1Q09 4Q08 3Q08 2Q08 1Q08
Fabless 80% 80% 74% 71% 70%
IDM 20% 20% 26% 29% 30%
System 0% 0% 0% 0% 0%
The revenue from Fabless and IDM customers both decreased. The proportion of the revenue from these two types of customers remains unchanged.
Revenue Breakdown by Application (1)
Application 1Q09 4Q08 3Q08 2Q08 1Q08
Computer 15 % 15 % 16 % 17 % 21 %
Communication 57 % 61 % 59 % 58 % 56 %
Consumer 25 % 22 % 23 % 22 % 21 %
Memory 1 % 1 % 1 % 1 % 1 %
Others 2 % 1 % 1 % 2 % 1 %
(1) Computer consists of ICs such as HDD controllers, DVD-ROM/CD-ROM drives ICs, LCD drivers, graphic processors, and PDAs. Communication consists of xDSL, DSP, WLAN, LAN controllers, handset components, caller ID devices, etc. Consumer consists of ICs used for DVD players, game consoles, digital cameras, smart cards, toys, etc. Memory consists of DRAM, SRAM, Flash, EPROM, ROM, and EEPROM.
