Earnings Call Excerpt
United Microelectronics Corp. (UMC)
Q4 2005 Earnings Conference Call
February 14th 2006, 8:00 AM.
Executives:
Mr. Jackson Hu, Chairman and Chief Executive Officer
Mr. Peter Chang, Vice Chairman, Managing Director
Mr. Hong-Jen Wu, President, Vice Chairman of UMC Japan
Mr. Robert H. C. Tsao, Chairman
Dr. Ching-Chang Wen, President of Bus. Group
Analysts:
Andrew Bates, Susquehanna International group
Sunil Gupta, Morgan Stanley
Robert Maire, Needham
Mr. Gilley, Nomura Securities
Bhavin Shah, JP Morgan
Mark Bittman, Pacific Crest Securities
Mehdi Hosseini, FBR
Tim Arcuri, Citigroup
Pranab Sharma, Daiwa Securities
Dan Heyler, Merrill Lynch
Ivan Goh, Dresdner Kleinwort Wasserstein
Rohit Sharma
Matt Gable, George Wright Associates
Presentation
Operator
My name is Manachia, and I will be facilitating the conference call today. I would like to welcome everyone to UMC's Fourth Quarter 2005, Earnings Conference call. All lines have been placed on mute to prevent background noise. After the presentation there will be a question and answer period, please follow the instructions given at that time, if you would like to ask a question. This conference call is also being broadcast live over the internet. A replay of the call will be available at www.umc.com under the Investor Relations/Investor Events section. A telephone replay of the call will be available at 10.a.m New York Time and will run until midnight February 15th, 2006. To access the replay please call 888-286-8010 or 1617-801-688 if you are calling from outside of the US. The access code will be 563-477-64. I would like to introduce Mr. Chitung Liu, CFO of UMC. Mr. Liu, you may begin.
Chitung Liu, Chief Financial Officer
Thank you. Welcome everybody, thank you for your continued interest in UMC. This is Chitung. Hopefully you had prior the chance to look over the earnings announcement that we putout earlier talking about the Q4 and overview of 2005 performance. In today's call, we will discuss the following topic operating results for the fourth quarter of last year, and update on our business guidance on Q1 2006. And we will follow with Q&A session. Before we conduct the call, I need to go over to present Safe Harbor policy.
Certain statements made during the course of our discussion today may constitute forward-looking statements that are based on management’s current expectations and beliefs, and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including risks that may be beyond Company's control. For this reason, please refer to UMC's filing with the SEC in the US and SFE in the ROC. With that let me turn over the call to UMC's CEO, Dr. Jackson Hu. And then we will give you chance to ask a question.
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