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United Microelectronics' CEO Discusses Q2 2012 Results - Earnings Call Transcript

United Microelectronics Corporation (UMC)

Q2 2012 Earnings Call

July 25, 2012, 8:00 a.m. ET

Executives

Bowen Huang - Head of IR

Shih-Wei Sun – CEO

Chitung Liu – CFO

Analysts

Mehdi Hosseini – Susquehanna International

Szeho Ng – BNP

(Richard Cload – Pioneer)

Steven Pelayo - HSBC

Donald Lu - Goldman Sachs

Satya Kumar – Credit Suisse

Randy Abrams - Credit Suisse

Donald Lu - Goldman Sachs

Presentation

Operator

Welcome everyone to UMC's 2012 quarter two earnings conference call. (Operator Instructions)

For your information, this conference call 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 second 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 risks that may be beyond the company's control. For this risk, please refer to UMC's filing with SEC in the U.S. that allows these securities authorities.

I would now like to introduce you UMC's CFO, Mr. Chitung Liu to explain UMC's second quarter 2012 basis results.

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