(1) Former fab of SiSMC, which was acquired from Silicon Integrated Systems in July 2004.
(2) Former fab of UMCi, a UMC wholly owned subsidiary in December 2004 that was merged into UMC in April 2005
(3) One 6-inch wafer is converted into 0.5625(6sq/8sq) 8-inch equivalent wafer; one 12-inch wafer is converted into 2.25(12sq/8sq) 8-inch equivalent wafers.
Note 5: Estimated capacity numbers are based on calculated maximum output
rather than designed capacity. The actual capacity numbers may differ
depending upon equipment delivery schedules, pace of migration to more
advanced process technologies, and other factors affecting production ramp
up.
CAPEX
UMC Capital Expenditure by Year - in US$ billion
Year 2008 2007 2006 2005 2004 2003
CAPEX $0.35 $0.9 $1.0 $0.7(1) $1.5 $0.4
(1) 2005 CAPEX contained UMC 2005 full year CAPEX and UMCi CAPEX during
1Q05.
2009 CAPEX Plan
8" 12" Total
UMC 18% 82% US$500 million
The capital expenditure budget for 2009 remains unchanged. 82% of the budget is for expansion of 45/40nm and 65/55nm production capacity and to acquire the most advanced R&D equipment. By the end of the third quarter, UMC's year-to-date CAPEX totaled US$231 million.
Recent Developments / Announcements
Oct. 19, 2009 UMC Completes Environmental Production Declaration for Its
Integrated Circuit
Wafers
Oct. 08, 2009 UMC Fab12i Migrates to 45/40nm Manufacturing
Sep. 16, 2009 UMC First to Announce Carbon Footprint Verification on
Integrated Circuit
Wafers
Sep. 08, 2009 UMC Selected as a Global Component for Dow Jones
Sustainability Index for
Two Consecutive Years
Aug. 24, 2009 UMC Announces the Establishment of New Business Development
Center
Jul. 31, 2009 UMC SG Opens Europe Sales Office in Singapore
Jul. 29, 2009 UMC 2Q 2009 Financial Results
Please visit UMC's website ( http://www.umc.com ) for further details regarding the above announcements.
Fourth Quarter of 2009 Outlook & Guidance
Quarter-over-Quarter Guidance:
-- Wafer shipments: to decrease by approximately 0-3%
-- Wafer ASP in US$: to rise by approximately 0-3%
-- NTD appreciation may adversely affect revenue and profit
-- Capacity Utilization Rate: mid-80%
-- Profitability: Gross margin in mid-20%
-- The consumer segment is expected to grow modestly while the computer
segment is expected to show some weakness
-- 2009 CAPEX budget: US$500 million
Conference Call / Webcast Announcement
Wednesday, October 28, 2009
Time: 8:00 PM (Taipei) / 8:00 AM (New York) / 12:00 Noon (London)
Dial-in numbers and Access Codes:
USA Toll Free: 1866 519 4004
UK Toll Free: 0808 234 6646
Singapore and Other Areas: +65 6735 7955
Access Code: UMC
A live webcast and replay of the 3Q09 results announcement will be available at http://www.umc.com under the "Investor Relations \ Investor Events" section.
About UMC
UMC (NYSE: UMC) (TSE: 2303) is a leading global semiconductor foundry that provides advanced technology and manufacturing services for applications spanning every major sector of the IC industry. UMC's customer-driven foundry solutions allow chip designers to leverage the strength of the company's leading-edge processes, which include production proven 65nm, 45/40nm, mixed signal/RFCMOS, and a wide range of specialty technologies. Production is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs; Fab12A in Taiwan and Singapore-based Fab12i are both in volume production for a variety of customer products. The company employs approximately 12,000 people worldwide and has offices in Taiwan, Japan, Singapore, Europe, and the United States. UMC can be found on the web at http://www.umc.com .
Safe Harbor 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 as defined in the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by use of words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of UMC to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to: (i) our dependence upon the frequent introduction of new services and technologies based on the latest developments in our industry; (ii) the intensely competitive semiconductor, communications, consumer electronics and computer industries and markets; (iii) the risks associated with international global business activities; (iv) our dependence upon key personnel; (v) general economic and political conditions; (vi) possible disruptions in commercial activities caused by natural and human-induced events and disasters, including terrorist activity, armed conflict and highly contagious diseases; (vii) reduced end-user purchases relative to expectations and orders; and (viii) fluctuations in foreign currency exchange rates. Further information regarding these and other risks is included in UMC's filings with the U.S. Securities and Exchange Commission, including its registration statements on Form F-1, F-3, F-6 and 20-F, in each case as amended. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
The financial statements included in this release are unaudited and unconsolidated, and prepared and published in accordance with ROC GAAP. Investors are cautioned that there are many differences between ROC GAAP and US GAAP.
This presentation is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.
