Taipei, Wednesday, June 19, 2013 06:47 (GMT+8)
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Taipei
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Commentary: Lack of distribution channels continues to hover over Taiwan solar industry - related company info
Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Thursday 9 February 2012]
  • United Microelectronics Corporation
  •  United Microelectronics Corporation (UMC) is engaged in the business of manufacturing or fabrication of ICs for applications in major sectors of semiconductor industry.

    Founded in 1980 and listed on Taiwan Stock Exchange in 1985, the company is best known for dedicated semiconductor foundry business maintaining a customer base across industries, including communication, consumer electronics, computer, memory and others.

    UMC employs approximately 12,000 people worldwide including operation sites in Taiwan, Japan, Singapore, Europe, and the United States.

  • Brief

    Full name: United Microelectronics Corporation

    Chinese name: 聯華電子股份有限公司

    Short name: UMC

    Arconym: UMC

    Stock code: 2303

    Tax ID: 47217677

    Market: TSE

    Established: 22 May 1980

    Paid in capital: NT$129.38 billion

    Listed on TSE: 16 Jul 1985

    Public since: 30 May 1981

    Website: www.umc.com

  • On display

    300mm wafer from UMC with 11 copper layers

    300mm wafer from UMC with 11 copper layers

    Photo: Vyacheslav Sobolev, DigiTimes, May 4.

    SEMICON Taiwan: Hermes Liu, UMC.

    SEMICON Taiwan: Hermes Liu, UMC.

    Photo: Vyacheslav Sobolev, DigiTimes, Sep 13.

  • Financial performance
    UMC [2303] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    18-Jun 65,545 7,554 879,633,812 13.40 13.55 13.25 13.55+0.25+1.88% 13.55 13.50
    17-Jun 33,274 5,122 438,274,925 13.10 13.30 13.05 13.30+0.20+1.53% 13.30 13.25
    14-Jun 57,364 7,831 757,133,168 13.20 13.30 13.10 13.10+0.00+0.00% 13.15 13.10
    13-Jun 82,082 10,872 1,085,575,215 13.30 13.45 13.10 13.10-0.40-2.96% 13.15 13.10
    11-Jun 49,150 7,607 668,830,506 13.65 13.70 13.50 13.50-0.15-1.10% 13.55 13.50
    10-Jun 68,025 8,341 927,605,202 13.55 13.75 13.45 13.65+0.35+2.63% 13.70 13.65
    • Source: TSE, compiled by Digitimes

    UMC: Consolidated revenues, May 2012 - May 2013 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    May-13

    10,863

    5.7%

    5.2%

    48,925

    4.2%

    Apr-13

    10,281

    7.1%

    (0.8%)

    38,062

    3.9%

    Mar-13

    9,599

    9.9%

    6.9%

    27,781

    5.8%

    Feb-13

    8,731

    (7.6%)

    3.4%

    18,183

    5.2%

    Jan-13

    9,452

     

    6.9%

    9,452

    6.9%

    May-12

    10,329

     

     

    46,966

     

    Apr-12

    10,368

    15.4%

     

    36,637

     

    Mar-12

    8,982

    6.4%

     

    26,269

     

    Feb-12

    8,443

    (4.5%)

     

    17,287

     

    Jan-12

    8,844

     

     

    8,844

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Dec-12

    7,797

    (13.5%)

    (3.8%)

    105,998

    0.1%

    Nov-12

    9,010

    (2.9%)

    11.7%

    98,201

    0.4%

    Oct-12

    9,281

    1.8%

    12.4%

    89,191

    (0.6%)

    Sep-12

    9,113

    (7%)

    11.5%

    79,910

    9.1%

    Aug-12

    9,799

    1.9%

    19.5%

    70,797

    (3.4%)

    Jul-12

    9,613

    3.5%

    9.1%

    60,998

    (6.3%)

    Jun-12

    9,289

    0.9%

    1.1%

    51,385

    (8.7%)

    May-12

    9,206

    0.9%

    (2.1%)

    42,096

    (10.6%)

    Apr-12

    9,125

    11.4%

    (4.6%)

    32,890

    (12.7%)

    Mar-12

    8,191

    8.9%

    (14.6%)

    23,765

    (15.5%)

    Feb-12

    7,523

    (6.6%)

    (16.5%)

    15,574

    (16%)

    Jan-12

    8,051

    (0.7%)

    (15.5%)

    8,051

    (15.5%)

    Dec-11

    8,105

    0.5%

    (20.4%)

    105,880

    (12.1%)

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Consolidated revenues, 1Q12 - 1Q13 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    1Q-13

    27,781

    (3.7%)

    5.8%

    27,781

    5.8%

    4Q-12

    28,854

    (4.4%)

    10.7%

    115,675

    (0.9%)

    3Q-12

    30,174

    (0.7%)

    8.5%

    86,820

    (4.2%)

    2Q-12

    30,377

    15.6%

    (4.1%)

    56,647

    (9.9%)

    1Q-12

    26,269

    0.8%

    (15.7%)

    26,269

    (15.7%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    4Q-12

    26,088

    (8.5%)

    6.8%

    105,998

    0.1%

    3Q-12

    28,525

    3.3%

    13.3%

    79,910

    (1.9%)

    2Q-12

    27,620

    16.2%

    (1.9%)

    51,385

    (8.7%)

    1Q-12

    23,765

    (2.7%)

    (15.5%)

    23,765

    (15.5%)

    4Q-11

    24,425

    (3%)

    (22%)

    105,880

    (12.1%)

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    80,917,522

    84,572,900

    90,160,318

    83,537,425

    84,057,514

    Long-term investments

    11,792,007

    11,915,233

    11,759,654

    11,955,215

    11,275,894

    Intangible assets

    1,357,492

    1,362,289

    1,701,118

    355,593

    350,860

    Other assets

    4,850,371

    5,773,705

    7,088,920

    7,417,218

    7,524,884

    Assets

    280,958,918

    290,331,561

    299,377,656

    283,141,588

    279,831,746

    Current liabilities

    40,033,821

    45,880,555

    53,254,248

    42,062,159

    42,905,954

    Other liabilities

    3,749,339

    3,595,799

    3,856,725

    3,879,097

    3,705,443

    Liabilities

    75,937,973

    81,525,592

    89,613,688

    68,590,064

    67,706,783

    Stockholders' equity

    205,020,945

    208,805,969

    209,763,968

    214,551,524

    212,124,963

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    Current assets

    65,219,614

    68,312,731

    71,055,396

    62,152,677

    60,765,171

    Long-term investments

    34,143,519

    37,009,955

    40,904,043

    43,917,360

    44,304,478

    Intangible assets

    1,277,447

    1,311,065

    1,344,681

    0

    Other assets

    4,668,619

    5,045,082

    6,318,222

    6,618,057

    6,701,093

    Assets

    264,220,191

    272,921,535

    278,845,585

    262,571,500

    258,293,330

    Current liabilities

    29,255,102

    35,074,134

    41,646,097

    31,000,142

    31,748,618

    Other liabilities

    3,621,552

    3,568,152

    3,550,645

    3,589,574

    3,604,311

    Liabilities

    61,770,385

    67,015,397

    72,910,904

    52,183,152

    50,556,243

    Stockholders' equity

    202,449,806

    205,906,138

    205,934,681

    210,388,348

    207,737,087

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Consolidated income statement, 1Q12 - 1Q13 (NT$k)

    Item

    1Q-2013

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    26,817,811

     

    28,258,995

     

    29,671,455

     

    29,944,461

     

    25,628,802

     

    Operating revenue

    27,781,416

    103.6%

    28,854,353

    102.1%

    30,173,646

    101.7%

    30,377,330

    101.4%

    26,269,434

    102.5%

    Gross profit (loss) from operations

    4,491,507

    16.7%

    3,237,350

    11.5%

    5,756,338

    19.4%

    6,362,084

    21.2%

    4,055,813

    15.8%

    Operating expenses

    4,177,410

    15.6%

    4,170,070

    14.8%

    3,773,552

    12.7%

    4,172,440

    13.9%

    3,791,168

    14.8%

    Operating income (loss)

    293,993

    1.1%

    -932,720

    -3.3%

    1,982,994

    6.7%

    2,189,793

    7.3%

    264,564

    1%

    Non-operating revenues and gains

    7,248,702

    27%

    2,996,765

    10.6%

    3,738,266

    12.6%

    1,046,982

    3.5%

    1,394,227

    5.4%

    Income from continuing operations before income tax

    7,542,695

    28.1%

    900,939

    3.2%

    2,608,389

    8.8%

    3,171,725

    10.6%

    1,321,906

    5.2%

    Net income (loss)

    6,413,694

    23.9%

    744,154

    2.6%

    1,342,579

    4.5%

    2,679,350

    8.9%

    1,107,838

    4.3%

    Fully-diluted earnings per share (NT$)

    0.5

     

    0.1

     

    0.2

     

    0.2

     

    0.1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, June 2013

    UMC: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)

    Item

    4Q-2012

    3Q-2012

    2Q-2012

    1Q-2012

    4Q-2011

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Gross sales

    25,794,177

     

    27,994,717

     

    27,058,231

     

    23,093,694

     

    23,468,398

     

    Operating revenue

    26,087,812

    101.1%

    28,525,060

    101.9%

    27,620,106

    102.1%

    23,765,181

    102.9%

    24,425,438

    104.1%

    Gross profit (loss) from operations

    4,383,598

    17%

    6,850,250

    24.5%

    6,739,914

    24.9%

    4,550,254

    19.7%

    4,549,567

    19.4%

    Operating expenses

    3,400,856

    13.2%

    3,238,016

    11.6%

    3,557,592

    13.1%

    3,226,334

    14%

    3,709,257

    15.8%

    Operating income (loss)

    982,742

    3.8%

    3,612,234

    12.9%

    3,182,322

    11.8%

    1,323,920

    5.7%

    840,310

    3.6%

    Non-operating revenues and gains

    1,808,890

    7%

    2,560,440

    9.1%

    618,430

    2.3%

    606,820

    2.6%

    1,711,437

    7.3%

    Income from continuing operations before income tax

    1,258,317

    4.9%

    3,694,705

    13.2%

    3,443,352

    12.7%

    1,493,002

    6.5%

    989,272

    4.2%

    Net income (loss)

    1,077,647

    4.2%

    2,416,614

    8.6%

    2,989,737

    11%

    1,335,450

    5.8%

    980,197

    4.2%

    Fully-diluted earnings per share (NT$)

    0.1

     

    0.2

     

    0.2

     

    0.1

     

    0.1

     

    *Figures are not consolidated
    Source: TSE, compiled by Digitimes, June 2013

Realtime news
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    Bits + chips | 8h 29min ago

  • Everlight Electronics expects increases in revenue proportion of LED backlights, lighting in 2013

    LED | 8h 48min ago

  • Prices of smartphone and tablet solutions to drop 10-20% in 2H13

    Bits + chips | 8h 52min ago

  • NPC 2013 capex to focus on FC CSP substrates, says president

    Bits + chips | 9h 2min ago

  • Samsung offers subsidies, Asustek cuts prices to promote tablet sales in Brazil, say local channels

    IT + CE | 9h 54min ago

  • China-based TV vendors to procure over 30 million panels from Taiwan makers, says CVIA vice president

    Displays | 10h 49min ago

  • Connector makers worried about price competition arising from Foxconn spinning off NWInG

    Before Going to Press | 9h 39min ago

  • DRAM shortages to continue for 3 years, says Inotera executive

    Before Going to Press | 9h 51min ago

  • Chin-Poon expanding share in global automobile board market

    Before Going to Press | 10h 31min ago

  • Taiwan vendors, ODMs turn conservative about 2H13 notebook shipments

    Before Going to Press | 10h 43min ago

  • Lite-On IT to start production of LED light bulbs in 3Q13

    Before Going to Press | 10h 57min ago

  • Taiwan market: ViewSonic to launch Full HD projectors by end of 2013

    Before Going to Press | 11h 3min ago

  • Foxconn to start production of 70-inch Ultra HD TVs in 1Q14

    Before Going to Press | 11h 4min ago

  • China has no schedule for hiking customs duty on TV panels, says CVIA vice president

    Before Going to Press | 11h 5min ago

  • JDI, CPT, Innolux see increased orders for large-size panels from smartphone vendors, say Taiwan makers

    Before Going to Press | 11h 10min ago

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18-Jun-2013 markets closed

 LastChange

TAIEX (TSE)8011.02+18.13+0.23% 

TSE electronic302.28+1.82+0.61% 

GTSM (OTC)119.63+0.78+0.66% 

OTC electronic143.95+0.94+0.66% 

Digi-Key
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