UMC Investor Facts

Investor Fact Sheet
www.umc.com
Company Profile
Industry: Semiconductor Foundry Services
Date Incorporated: May, 1980
About UMC: UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry that provides advanced IC
production for applications spanning every major sector of the electronics industry. UMC’s robust foundry solutions
enable chip designers to leverage the company’s sophisticated technology and manufacturing, which include volume
production 28nm gate-last High-K/Metal Gate technology, ultra-low power platform processes specifically engineered for
Internet of Things (IoT) applications and the automotive industry’s highest-rated AEC-Q100 Grade-0 manufacturing
capabilities for production of ICs found in cars. UMC’s 10 wafer fabs are strategically located throughout Asia and are
able to produce over 500,000 wafers per month. The company employs more than 17,000 people worldwide, with offices
in Taiwan, mainland China, Europe, Japan, Korea, Singapore, and the United States. UMC can be found on the web at
http://www.umc.com.
Chronology
1980
May
UMC established
1985
Jul
Becomes the first IC company to list on the Taiwan Stock Exchange
1995
Jul
Jul –Sep
Begins transformation into a pure-play foundry
Establishes three joint venture foundries; USC, UICC, USIC
1998
Apr
Acquires Holtek Semiconductor and renames the fab UTEK
1999
Nov
Begins construction of a 300mm fab in Taiwan’s Tainan Science Park, Fab 12A
2000
Jan
Sep
Dec
Mar
Consolidates five companies: UMC, USC, UTEK, USI, and UICC
Debuts on the New York Stock Exchange
Announces plan to establish advanced 300mm foundry in Singapore (UMCi)
Delivers foundry’s first customer ICs built on 90nm
2004
May
Dec
90nm full qualification and volume production
Fully acquires its subsidiary UMCi; renames UMC Fab 12i
2005
Jan
Delivered the foundry industry’s first 65nm customer products
2007
Jan
Expands advanced technology complex in Tainan Science Park
2008
Sep
Named as a Global Index Component for Dow Jones Sustainability Indexes
2010
May
Celebrates 30th anniversary
2011
Nov
Surpasses 90,000 45/40-nanometer wafer shipments
2012
May
Jun
Fab 12A Phase 5 & 6 groundbreaking
Licenses IBM’s FinFET 3DIC technology
2013
Feb
Jun
Acquires majority stake in SuZhou, China-based HeJian Technology
Establishes the Specialty Technology Center of Excellence in Singapore
2014
Aug
Dec
Becomes a minority shareholder of Fujitsu’s new 300mm foundry company
Enters a joint venture for a 12” fab in Xiamen, China
2015
Mar
Dec
Groundbreaking for Fab 12X in Xiamen, China
Makes second round investment in Fujitsu’s 300mm foundry company
2003
Solid Growth Strategy
Financial Highlights
2015 Revenue Breakdown
Consolidated 2013‐15 results are based on IFRS accounting standards 2015
2014
2013
2012
2011
0.25/0.35um
12%
Income Statement (NT$ billion)
Net Operating Revenue
31.8
31.9
23.5
22.5
24.0
Operating Income(Loss)
10.8
10.1
4.0
9.1
10.1
Net Income(Loss)
12.8
11.5
12.1
7.9
10.8
Total Liabilities
Long-term Liabilities
Stockholders' Equity
40nm
24%
0.15/0.18um
11%
337.4 313.2 295.9 264.3 258.5
53.3
45.7
50.8
31.8
30.8
108.5
88.2
83.5
61.8
50.6
60.3
40.1
35.3
28.9
15.2
90nm
5%
65nm
22%
Other
228.8 225.0 212.4 202.5 207.9
6%
Computer
Cash Flow Statement(NT$ billion)
Cash Flow from Operations
Cash Flow from Investing
Cash Flow from Financing
Net Cash Flow
Free Cash Flow
≤ 40nm
34%
0.11/0.13um
13%
Balance Sheet(NT$ billion)
Cash and Cash equ.
≤ 28nm
10%
144.8 140.0 123.8 106.0 105.9
Gross Profit
Total Assets
≥ 0.5um
3%
60.0
44.8
43.5
41.5
12%
45.2
(68.7) (42.6) (31.5) (46.5) (51.8)
15.0
(8.3)
(3.9)
6.5
4.0
7.1
(4.6)
8.3
0.9
(2.1)
(0.5)
1.6
3.1
(9.3)
(1.2)
32.2
28.2
28.2
23.4
19.6
Communication
Consumer
54%
28%
Financial Analysis(%)
Debt Ratio
Current Ratio
196.5 201.4 184.2 222.8 191.4
Quick Ratio
155.4 151.0 147.6 175.2 156.0
Research Coverage
Solid Manufacturing Base
B ank of A m erica Merrill Lynch
B arclays Capital
B NP Paribas
C IM B
C iti
C LS A
C redit S uisse
D aiwa
D eutsche Securities
G oldm an Sachs
H SB C
JP M organ
KGI
Morgan S tanley
N om ura
S anford C . B ernstein
U BS
Y uanta
LAST UPDATED: Feb. 2016
3, Li-Hsin 2nd Road, Hsinchu, Taiwan 300, R.O.C.
Tel: +886 (3) 578 2258
www.umc.com
E-mail: [email protected]