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
technology and manufacturing for applications spanning every major sector of the IC industry. UMC's robust foundry
solutions allow chip designers to leverage the company's leading-edge processes, which include 28nm poly-SiON and
gate-last High-K/Metal Gate technology, mixed signal/RFCMOS, and a wide range of specialty technologies. Production
is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs; Fab 12A in Taiwan and
Singapore-based Fab 12i. Fab 12A consists of Phases 1-4 which are in production for customer products down to 28nm.
Construction has been completed for Phases 5&6, with future plans for Phases 7&8. The company employs over 15,000
people worldwide and has 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
1985
1995
1998
1999
2000
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
May
Jul
Jul
Jul –Sep
Apr
Nov
Jan
May
Sep
Dec
Mar
May
Dec
Jan
Nov
Jan
Sep
Apr
May
Dec
UMC established
Becomes the first IC company to list on the Taiwan Stock Exchange
Begins transformation into a pure-play foundry
Establishes three joint venture foundries; USC, UICC, USIC
Acquires Holtek Semiconductor and renames the fab UTEK
Begins construction of a 300mm fab in Taiwan’s Tainan Science Park, Fab 12A
Consolidates five companies: UMC, USC, UTEK, USI, and UICC
Produces foundry industry's first 0.13um ICs
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
90nm full qualification and volume production
Fully acquires its subsidiary UMCi; renames UMC Fab 12i
Delivered the foundry industry’s first 65nm customer products
Produces working 45nm ICs
Expands advanced technology complex in Tainan Science Park
Named as a Global Index Component for Dow Jones Sustainability Indexes
Delivers 40nm customer ICs
Celebrates 30th anniversary
Fab 12A Phase3 enters volume production
Nov
May
Jun
Feb
Jun
Surpasses 90,000 45/40-nanometer wafer shipments
Fab 12A Phase 5 & 6 groundbreaking
Licenses IBM’s FinFET 3DIC technology
Acquires majority stake in SuZhou, China-based HeJian Technology
Establishes the Specialty Technology Center of Excellence in Singapore
Solid Growth Strategy
Financial Highlights
2013 Revenue Breakdown
UMC’s Consolidated 2013 results are based on IFRS accounting standards 2013
2012
2011
2010
2009
123.8
106.0
105.9
120.4
88.6
23.5
22.5
24.0
36.1
15.9
4.0
9.1
10.1
22.6
3.3
12.1
7.9
10.8
23.9
3.9
295.9
264.3
258.5
263.4
251.9
50.8
31.8
30.8
32.9
52.8
Income Statement (NT$ billion)
Net Operating Revenue
Gross Profit
Operating Income(Loss)
Net Income(Loss)
Balance Sheet(NT$ billion)
Total Assets
Cash and Cash equ.
Total Liabilities
Long-term Liabilities
Stockholders' Equity
83.5
61.8
50.6
44.0
38.3
35.3
28.9
15.2
0.9
0.8
212.4
202.5
207.9
219.3
213.6
41.5
45.2
55.4
32.5
Cash Flow Statement(NT$ billion)
Cash Flow from Operations
Cash Flow from Investing
Cash Flow from Financing
43.5
(31.5) (46.5) (51.8) (60.3) (20.6)
(3.9)
6.5
Net Cash Flow
8.3
0.9
(14.7)
5.0
(2.1) (19.9)
Free Cash Flow
3.1
Debt Ratio
4.0
16.7
(9.3)
(1.2)
(2.9)
14.9
28.21
23.4
19.6
16.7
15.2
Current Ratio
184.2
222.8
191.4
177.9
259.5
Quick Ratio
147.6 175.2
156.0
146.2
230.6
Financial Analysis(%)
Research Coverage
Solid Manufacturing Base
B ank of A m erica M errill Lynch
B arclays C apital
B NP P aribas
C iti
C LS A
C redit Suisse
D aiwa
D eutsche S ecurities
Fubon
G oldm an S achs
H SB C
Jefferies
KGI
JP M organ
M organ S tanley
N om ura
R BS
S anford C . Bernstein
U BS
LAST UPDATED: Feb., 2014
3, Li-Hsin 2nd Road, Hsinchu, Taiwan 300, R.O.C.
Y uanta
Tel: +886 (3) 578 2258
www.umc.com
E-mail: [email protected]