Question-and-Answer Session
Operator
(Operator's Instructions) Your first question comes from Donald Lu with Goldman Sachs.
Donald Lu - Goldman Sachs
Hi, good evening. My first question is on UMCJ, can you give us an update on the potential purchasing price and also in terms of price (inaudible), for example, and also the profitability of UMCJ in Q3 and Q4 this year?
Chitung Liu
Yes. Our tender of our price is 12,500 Japanese yen per share, this in comparison to the book value roughly is about 29,000 Japanese yen per share. Our Tender Officer price is about 0.45 times to the book and in terms of the book about 15,000 is actually in the form of cash, and the total amount if the 100% of the outstanding is tendered, UMC will pay up to 6.9 billion Japanese yen and the company had a big write down in asset value about a couple of months ago and now their operating position is improving with third quarter results being announced today as well. Their operating loss is about 500 million Japanese yen and their net loss is about 280 million Japanese yen.
And going forward we will take some time to try to generate as much synergy as possible. And we don't have an overall outlook for Q4 yet, and UMCJ being a listed company, so far they still have their full year forecast. You can refer to their IR website please.
Donald Lu - Goldman Sachs
Okay, thanks. My second question is in terms of the demand outlook. I didn't get it completely with your comment on which sector is (inaudible) in Q4. And also, in terms of 8 to 12-inch, does the 12-inch booking remain very solid utilization at 100% into January or not?
Chitung Liu
Donald, in Q4 we were guiding consumer sector as stronger and I also mention that the computer sector is showing some weakness. Communication sector is about flat.
And the second question is about — sorry, Donald, what's the second question?
Donald Lu - Goldman Sachs
Oh, I'm sorry. My second question is we have been hearing the 12-inch loading has been tight, so maybe give us color on 12 and 8-inch utilization.
Chitung Liu
Yeah. Moving into Q4 I think our 12-inch is still quite busy and quite tight, stronger than 8-inch.
Donald Lu - Goldman Sachs
Okay. Is 12-inch utilization in the 90% range?
Chitung Liu
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