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United Microelectronics Corporation's CEO Discusses Q1 2012 Results - Earnings Call Transcript

United Microelectronics Corporation (UMC)

Q1 2012 Earnings Conference Call

April 25, 2012 08:00 AM ET

Executives

Shih-Wei Sun - CEO

Chitung Liu – CFO

Bowen Huang - Head of IR

Analysts

Randy Abrams - Credit Suisse

Robert Lea – Jefferies

Donald Lu - Goldman Sachs

Mahesh Sanganeria - RBC Capital Markets

Mehdi Hosseini – Susquehanna

C.J. Muse – Barclays

Satya Kumar – Credit Suisse

Presentation

Operator

Welcome everyone to UMC’s 2012 First Quarter Earnings Conference Call. (Operator Instructions) For your information, this conference is now being broadcasted live over the internet. Webcast replay will be available within an hour after the conference is finished. Please visit our website at www.umc.com under the Investor Relations Investor Events section.

I would now like to introduce Mr. Bowen Huang, Head of Investor Relations at UMC. Mr. Huang, you may begin.

Bowen Huang

Thank you and welcome to UMC's conference call for the first quarter of 2012. With me today is the CEO of UMC, Dr. Shih-Wei Sun; and the CFO, Mr. Chitung Liu.

During this conference, we may make forward-looking statements based on management’s current expectations and beliefs. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially, including the risk that may be beyond the company's control. For these risks, please refer to UMC's filing with the SEC in the U.S. and at ROC Securities Authorities.

I'd now like to introduce UMC's CFO, Mr. Chitung Liu, to explain UMC's Q1 2012 business results.

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