Andes Technology Corp. · TWSE:6533
Andes Technology — Investor Conference Nov. 2024
37 slides from Andes Technology's conference presentation, November 2024
Slide 1: Andes Technology Corp. Investor Conference
Andes Technology Corp. Investor Conference Ted Chang Spokesperson Nov. 2024
Slide 2: Safe Harbor Notice
Safe Harbor Notice Except for the historical information contained herein, the matters addressed in this presentation are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially, including but not limited to weather, impact of comp
Slide 3: Report Topics
Report Topics Andes Company Introduction The Financial & Operation Status The Key Applications & The Trend The R&D Power for The Future 3
Slide 4: Andes Company Introduction
Andes Company Introduction Andes Highlights • Founded in March 2005 in Hsinchu Science Park, Taiwan, ROC. • Well-established high technology IPO company • Over 500 people; 80% are engineers. • TSMC OIP Award “Partner of the Year” for New IP (2015) • Founding Premier membership in the RISC-V Internat
Slide 5: Andes Technology Corporation
Andes Technology Corporation Quick Facts on Andes 19 Years, Since 2005 500+ 400+ Customers 14Bn+ SoC Pureplay CPU vendor Employee , > 80% R&D Licensing AndesCore™ Total Customer Shipment 2023 Operation Result Revenue $ Growth License $ Growth Royalty $ Growth SoC Shipping Q’ty 1.05 Bn, NT$ 18.3% YoY
Slide 6: The Financial & Operation Status
The Financial & Operation Status 6
Slide 7: 3Q24 Revenue Analysis
3Q24 Revenue Analysis YoY QoQ YoY +73.1 % +53.9 % +41.2 % (NTD ’000) (NTD ’000) Taking RISC-V® Mainstream 7
Slide 8: 3Q24 License Analysis
3Q24 License Analysis YoY QoQ YoY +114.8 % +81.2 % +59.6 % (NTD ’000) (NTD ’000) Taking RISC-V® Mainstream 8
Slide 9: 3Q24 Royalty Analysis
3Q24 Royalty Analysis YoY QoQ +29.3 % YoY +25.8 % +29.5 % (NTD ’000) (NTD ’000) Taking RISC-V® Mainstream 9
Slide 10: 2024 Q1-Q3 Revenue Analysis by Business Model
2024 Q1-Q3 Revenue Analysis by Business Model Taking RISC-V® Mainstream 10
Slide 11: 2024 Q1-Q3 Revenue Analysis by Region
2024 Q1-Q3 Revenue Analysis by Region Taking RISC-V® Mainstream 11
Slide 12: 2024 Q1-Q3 Revenue Analysis by Application
2024 Q1-Q3 Revenue Analysis by Application Taking RISC-V® Mainstream 12
Slide 13: 2021 to 2024 Q1-Q3 Revenue Analysis by Application
2021 to 2024 Q1-Q3 Revenue Analysis by Application (NTD ’000) Taking RISC-V® Mainstream 13
Slide 14: Historical License Revenue Analysis
Historical License Revenue Analysis (NTD ’000) License Revenue Taking RISC-V® Mainstream 14
Slide 15: Historical Royalty Revenue Analysis
Historical Royalty Revenue Analysis (NTD ’000) Royalty Revenue Taking RISC-V® Mainstream 15
Slide 16: 2024 Q3 Expense Analysis
2024 Q3 Expense Analysis YoY QoQ +28.6 % -4.9 % (NTD ’000) Taking RISC-V® Mainstream 16
Slide 17: 2024 Q1-Q3 Expense Analysis
2024 Q1-Q3 Expense Analysis YoY +36% (NTD ’000) Taking RISC-V® Mainstream 17
Slide 18: 2024 Q3 EPS Analysis
2024 Q3 EPS Analysis YoY QoQ $- 2.09 $ +1.50 (NTD) Taking RISC-V® Mainstream 18
Slide 19: 2024 Q1-Q3 EPS Analysis
2024 Q1-Q3 EPS Analysis YoY $ -2.73 (NTD ) Taking RISC-V® Mainstream 19
Slide 20: The Key Applications & The Trend
The Key Applications & The Trend 20
Slide 21: The Key Applications & The Trend
The Key Applications & The Trend The global Internet of The market size in the Things (IoT) market size is Artificial Intelligence projected to grow from market is projected to $714.48 billion in 2024 to reach US$305.90bn in $4,062.34 billion by 2032, 2024. at a CAGR of 24.3%... The market size is R
Slide 22: Fast Growing Automotive MCU Markets
• Fast Growing Automotive MCU Markets Semiconductor devices in vehicle are growing fast! Global automobile MCU market size in 2024 will reach USD$10.48B, and $16B at 2029, CAGR 8.92% https://www.mordorintelligence.com/industry-reports/global- automotive-mcu-market The total number of MCUs will
Slide 23: CMOS Image Sensor Chip (ASIL-B)
CMOS Image Sensor Chip (ASIL-B) MetaSilicon MAT series CMOS image sensor chips use the AndesCore N25F-SE processor to achieve a high level of safety and reliability. SOC includes LOFIC (Lateral Overflow Integration Capacitor) + DCG (Dual Conversion Gain) HDR (High-Dynamic Range), dual-row ADC, M
Slide 24: Touch and Display Driver Integration (TDDI) SoC
Touch and Display Driver Integration (TDDI) SoC ILITEK’s ILI6600A supports up to 3 chips cascading and provides the number of colors up to 16.7M. Its IIE (Impressive Image Enhancement) function can achieve high-quality display and visual experience. The ILI6600A uses the ISO 26262 functional saf
Slide 25: Safety Mechanisms Andes FuSA cores Implemented
Safety Mechanisms Andes FuSA cores Implemented Mission Critical Low Power & Security Common Safety Features • Advanced ECC • Address Decoder D45-SE D23-SE N25F-SE 8-stage 3-stage 5-stage • White Noise Protection Single-issue Dual-issue Single-issue • Error Status Indication • Core Trap Status Bus In
Slide 26: RISC-V for Datacenter & Cloud
RISC-V for Datacenter & Cloud RISC-V offers unique Custom computing for AI Achieve your performance Opportunity for and and accelerators other emerging workloads power targets RISC-V CPU core market will grow 115% CAGR, capturing > 14% of all CPU cores by 2025 26
Slide 27: Andes RISC-V Processors to Fit Your AI
Andes RISC-V Processors to Fit Your AI Data center >100 TOPS Automotive Mobile AR/VR >10 TOPS Surveillance • ADAS, HDR • > 10 cameras >1 TOPS Smart Home • Face unlock • Bokeh Andes V-Series Avatar >1 GOPS Smart Camera • (RV64GCPV) • Gesture recognition • Intelligent HMI • SLAM AnDLA™ I-Series • Barg
Slide 28: MTIA: Meta Training/Inference Accelerator
MTIA: Meta Training/Inference Accelerator ISCA 2023 paper, “MTIA: First Generation Silicon Targeting Meta’s Recommendation Systems” Proc-A/B: AX25-V100, an early version of the popular NX27V Custom extensions: for new interfaces, instructions and registers Performs quite well on low and medi
Slide 29: Edge AI With Analog In-Memory Computing
Edge AI With Analog In-Memory Computing TetraMem Analog In-Memory-Computing MX200 (RRAM-based) 8-bit 256x256 (64K) MAC Engines, >30 TOPS/W performance ML core operators (conv, gemm) processed in NPU Remaining operations processed in RISC-V Vector processors and control CPU AXI Bus "Thousands
Slide 30: Edge AI With In-Memory Computing
Edge AI With In-Memory Computing Axelera Metis SoC Targeting Computer Vision applications 4 powerful PE’s, each with digital In-Memory Computing (D-IMC) RISC-V processors for both PE control as well as system control under Linux Powerful 4MB L1 4MB L1 Competitive 214 TOPS/chip , best in class
Slide 31: Endpoint AI
Endpoint AI Renesas R9A06G150 Voice-Control ASSP With 100MHz DSP-capable D25F processor ML-based voice recognition gets >50% speedup by using P-extension Spacetouch SPV60 Intelligent audio processor High performance for customer development 100 GOPS NPU for noise reduction, echo cancellati
Slide 32: AndesAIRE: Andes AI Runs Everywhere
AndesAIRE™: Andes AI Runs Everywhere HW/SW Solutions for AI from the Edge to the Cloud NN models AndesAIRE™ NN SDK AndeSight™ IDE AndesAIRE™ NNPilot™ • GCC/LLVM Toolchains Pruning, Quantization, Optimization, Evaluation • Build, debug, profile Generated C code template Generated NN models • Analys
Slide 33: The R&D Power for The Future
The R&D Power for The Future 33
Slide 34: Andes RISC-V CPU Cores
Andes RISC-V CPU Cores AX60 Series AX63 AX65 AX66/AX67 AX6X-SE A72~A78; 13-stage OOO Linux MP N1/V1/X1 Categories Power-efficient Mid-range Extended FUSA 45 Series AX45MPV, AX46MPV A53/55, R52/ N45, NX45 D45 D45-SE 8-stage Superscalar A45(MP), AX45(MP) R82, M7 27 Series NX27V A27(L2), AX27(L2) A5/7/
Slide 35: RISC-V Continues to Rapidly
RISC-V Continues to Rapidly RISE: RISC-V Software Ecosystem, a project under LF Europe To accelerate the development of RISC-V open source SW Led by industry leaders Areas to focus over time: Compilers & Toolchains Language Runtimes System Libraries Debug & Profiling Tools Simulato
Slide 36: Andes Partners and RISC-V Ecosystem
Andes Partners and RISC-V Ecosystem Category Partners IP SW and Dev Env. Design Service, Foundries, EDA and others 36
Slide 37: Thank you
Thank you