UMC Reports Second Quarter 2013 Results

UMC's Engagement with IBM to Propel 10nm Process Development

(PRNewswire) —

Second Quarter 2013 Overview[1]:

  • Revenue: NT$31.91 billion (US$1.06 billion)
  • Gross margin: 19.4%; operating margin: 3.6%
  • Foundry Capacity Utilization Rate: 85%
  • Net income attributable to the stockholders of the parent: NT$1.81 billion (US$60 million)
  • Earnings per share: NT$0.15; earnings per ADS: US$0.025


Unless otherwise stated, all financial figures discussed in this announcement are prepared in accordance with TIFRSs recognized by Financial Supervisory Commission in the ROC, which is different from IFRSs issued by the International Accounting Standards Board. They represent comparisons among the three-month period ending Jun 30, 2013, the three-month period ending Mar 31, 2013, and the equivalent three-month period that ended Jun 30, 2012. For all 2Q13 results, New Taiwan Dollar (NT$) amounts have been converted into U.S. Dollars at the Jun 30, 2013 exchange rate of NT$29.98 per U.S. Dollar.

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2013.

Revenue was NT$31.91 billion, with gross margin at 19.4% and operating margin at 3.6%.  Net income attributable to the stockholders of the parent was NT$1.81 billion, with earnings per ordinary share of NT$0.15.

Mr. Po-Wen Yen, CEO of UMC, said, "UMC's second quarter 2013 operating results exceeded expectations.  The foundry segment recorded NT$30.33 billion in revenues, with profit margin from foundry operations of 5.3%.  Wafer shipments reached 1.307 million 8-inch equivalent wafers, bringing overall capacity utilization to 85%.  Revenue contribution from 40nm and below technologies grew from 18% in 1Q13 to 20% in 2Q13."

CEO Yen added, "As the industry advances to more cutting edge nodes, our customers expect to adopt new technologies for their upcoming advanced products.  To satisfy their increasing reliance on leading-edge geometries, we have recently announced our participation in the IBM alliance for 10nm FinFET CMOS process technology.  We are excited to team up with IBM and strongly believe the collaborative effort will help overcome a variety of research challenges to realize ground-breaking results that will better serve the industry's needs.  UMC will offer our upcoming process platforms based upon IBM fundamental technology and develop derivative processes according to customer requirements."

CEO Yen continued, "With the arrival of the third quarter, we project sequential revenue growth to follow a better-than-seasonal second quarter in the foundry segment.  In the mid-term, to perpetuate our leading position in the advanced specialty technology segment, UMC's R&D team continues to pull-in production milestones with enhanced process implementations to facilitate customer product deployment. UMC's comprehensive range of technologies enables customers from a wide array of industry segments to differentiate their products, thus helping UMC to expand its business scope, elevate overall competitiveness, and strengthen long term profitability."

Summary of Operating Results

Operating Results

(Amount: NT$ million)



QoQ %


YoY %

Net Operating Revenues






Gross Profit






Operating Expenses






Net Other Operating Income and Expenses






Operating Income






Net Non-Operating Income and Expenses






Net Income Attributable to the Stockholders of the Parent






EPS   (NT$ per share)




         (US$ per ADS[2])




[2]  One ADS represents five Taiwan-listed ordinary shares.

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »

Review Article Be the first to review this article

Featured Video
GIS ANALYST I.8030200 for Dallas County at DALLAS, Texas
Architect for Hutton at Wichita, Afghanistan
3D Designer and Developer for Los Alamos National Laboratory at Los Alamos,, New Mexico
Design Engineer (Engineer 1/2) for Los Alamos National Laboratory at Los Alamos,, New Mexico
Failure Analysis Engineer for Flextronics at Milpitas, California
Mechanical Engineer for Flextronics at Milpitas, California
Upcoming Events
Earth Intelligence 2020 Summit at Virtual Alexandria VA - Oct 22, 2020
Earth Intelligence 2020 Summit. - Live Webinar at United States - Oct 22, 2020
IEC 61850 Global 2020 at Brussels Belgium - Oct 26 - 30, 2020
ACM SIGSPATIAL 2020 at Seattle WA - Nov 3 - 6, 2020

© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise