UMC - United Microelectronics Corporation (UMC) Q1 2024 Earnings Call Transcript

2024-04-24 10:04:09 ET

United Microelectronics Corporation. (UMC)

Q1 2024 Earnings Conference Call

April 24, 2024, 05:00 AM ET

Company Participants

Michael Lin - Investor Relations

Chi-Tung Liu - CFO, SVP, Head, Corporate Governance & Company Secretary

Jason Wang - President & Representative Director

Conference Call Participants

Randy Abrams - UBS

Gokul Hariharan - JPMorgan

Bruce Lu - Goldman Sachs

Charlie Chan - Morgan Stanley

Laura Chen - Citi

Timm Schulze-Melander - Redburn Atlantic

Presentation

Operator

Welcome, everyone, to UMC's 2024 First Quarter 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 two hours after the conference is finished. Please visit our website, www.umc.com, under the Investor Relations, Investors Events section.

Now I would like to introduce Mr. Michael Lin, Head of Investor Relations at UMC. Mr. Lin, please begin.

Michael Lin

Thank you, and welcome to UMC's conference call for the first quarter of 2024. I am joined by Mr. Jason Wang, President of UMC; and Mr. Chi-Tung Liu, the CFO of UMC. In a moment, we will hear our CFO present the first quarter financial results, followed by our President's key message to address UMC's focus and the second quarter 2024 guidance. Once our President and CFO complete their remarks, there will be a Q&A section. UMC's quarterly financial reports are available at our website, www.umc.com, under the Investors Financial section.

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 a more detailed description of these risks and uncertainties, please refer to our recent and subsequent filings with the SEC and the ROC security authorities. During this conference, you may view our financial presentation material, which is being broadcast live through the Internet.

Now, I would like to introduce UMC's CFO, Mr. Chi-Tung Liu, to discuss UMC's first quarter 2024 financial results.

Chi-Tung Liu

Thank you, Michael. I would like to go through the first quarter 24 investor conference presentation material, which can be downloaded or viewed in real-time from our website....

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