Andes Technology Corp. · TWSE:6533
Andes Technology — Q2 2022 Earnings Presentation
47 slides from Andes Technology's earnings presentation, August 2022
Slide 1: Andes Technology Corp. Investor Conference Report
Andes Technology Corp. Investor Conference Report
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: Table of Contents
Table of Contents 01 Company Overview 02 Operation Results 03 Product Applications 04 New Products and Ecosystems 05 Concluding Remarks 3
Slide 4: Company Overview
Company Overview http://www.andestech.com
Slide 5: Andes Highlights
Andes Highlights • Founded in March 2005 in Hsinchu Science Park, Taiwan, ROC. • Well-established high technology IPO company • Over 300 people; 80% are engineers. • TSMC OIP Award “Partner of the Year” for New IP (2015) • Founding Premier membership in the RISC-V International Association (RISC-V F
Slide 6: Business Status Overview
Business Status Overview 250+ commercial licensees Geographically distributed in Taiwan, China, Korea, Japan, Europe, and USA Andes- 600+ license agreements signed Embedded SoC AndeSight™ IDE: 23,000+ installations IP / EDA Design Service / Foundries Eco-system: 無法顯示圖片。 無法顯示圖片。 500+ pa
Slide 7: Operation Results
Operation Results http://www.andestech.com
Slide 8: 2Q22 Revenue Analysis
2Q22 Revenue Analysis QoQ YoY -33.6 % -32.4 % (NT$ thousands) 8
Slide 9: 1H22 Revenue Analysis
1H22 Revenue Analysis YoY -2 % (NT$ thousands) 9
Slide 10: 1H22 Top 10 Customers Analysis by Revenue
1H22 Top 10 Customers Analysis by Revenue (NT$ thousands) 10
Slide 11: 2Q22 Royalty Analysis
2Q22 Royalty Analysis QoQ YoY -7.6% +11.5 % (NT$ thousands) 11
Slide 12: 1H22 Royalty Analysis
1H22 Royalty Analysis YoY +11.5 % (單位:新台幣千元) 12
Slide 13: 1H22 Top 10 Royalty Contributors by Application
1H22 Top 10 Royalty Contributors Analysis by Application (NT$ thousands) 13
Slide 14: 1H22 Revenue Analysis by Payment Model
1H22 Revenue Analysis by Payment Model 14
Slide 15: 1H22 Revenue Analysis by Region
1H22 Revenue Analysis by Region 15
Slide 16: 1H22 Revenue Analysis by Product
1H22 Revenue Analysis by Product 16
Slide 17: 2Q22 Revenue Analysis - RISC-V
2Q22 Revenue Analysis - RISC-V (NT$ thousands) 17
Slide 18: Historical Commercial Agreements
Historical Commercial Agreements (numbers) (numbers) 18
Slide 19: Historical Revenue Analysis
Historical Revenue Analysis (NT$) 19
Slide 20: 1H22 Consolidated Gross Margin
1H22 Consolidated Gross Margin (NT$ thousands) 20
Slide 21: 2Q22 Consolidated Gross Margin
2Q22 Consolidated Gross Margin (NT$ thousands) 21
Slide 22: 2Q22 Consolidated Operating Expenses
2Q22 Consolidated Operating Expenses QoQ YoY -3.9% +% (NT$ thousands) 22
Slide 23: 1H22 Consolidated Operating Expenses
1H22 Consolidated Operating Expenses YoY +53.3% (NT$ thousands) 23
Slide 24: 2Q22 Consolidated Operating Income (Loss)
2Q22 Consolidated Operating Income (Loss) QoQ YoY -% -% (NT$ thousands) 24
Slide 25: 1H22 Consolidated Operating Income (Loss)
1H22 Consolidated Operating Income (Loss) YoY -% (NT$ thousands) 25
Slide 26: 2Q22 Consolidated Net Income
2Q22 Consolidated Net Income QoQ YoY -42.2 % +19.6 % (NT$ thousands) 26
Slide 27: 1H22 Consolidated Net Income
1H22 Consolidated Net Income YoY +123.7 % (NT$ thousands) 27
Slide 28: 2Q22 Consolidated EPS
2Q22 Consolidated EPS QoQ YoY -1.04 $ +0.01 $ (NT$) 28
Slide 29: 1H22 Consolidated EPS
1H22 Consolidated EPS YoY +1.82 $ (NT$) 29
Slide 30: Product Applications
Product Applications http://www.andestech.com
Slide 31: Andes Updates
Andes Updates A 17-year-old public CPU IP company 3B+ Andes-Embedded SoC annually in 2021 GNU Toolchains A founding premier member of the RISC-V International An active role in RISC-V International & its extension task groups LLVM RISC-V Board Director Member of Technical Steering Committee
Slide 32: Andes Embedded in Various Applications
Andes Embedded in Various Applications Sensor Hub WiFi/ BT/ GPS/ FM (combo) NFC Smart Speakers: Bike Sharing: X-Trail: Controller Touch WiFi IoT GPS Ctrl ADAS Ctlr Storage Screen Controller Controller Switch: Andes Embedded in Smart Phones Game Flash Ctlr In leading machine learning computers for
Slide 33: V5 Adoptions: From MCU to Datacenters
V5 Adoptions: From MCU to Datacenters Edge to Cloud ADAS Datacenter/server AI accelerators AIoT SSD: enterprise (& consumer) Blockchain 5G macro/small cells FPGA MCU Multimedia Security Wireless (BT/WiFi) 40nm to 5nm 5G Macro Many in AI 33
Slide 34: Andes RISC-V Cores Adopted in SoC
Andes RISC-V Cores Adopted in SoC o single core ooooo oooooooooooooooooooo…oooooooooooooooooooo 2-8 cores ooo oooooooooooooooooooo…oooooooooooooooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooo oooo
Slide 35: New Products and Ecosystems
New Products and Ecosystems http://www.andestech.com
Slide 36: Andes RISC-V Product Overview
Andes RISC-V Product Overview Best extensions to RISC-V; EDA tools AndeStar™ Architecture V5 AndesCore™ AndeSight™ Highly optimized Processors Tools Professional IDE designs with Standby with high code leading PPA EDM COP Intf quality & VIC AndesCore uCore ITLB MMU/MPU DTLB Instr Instr LM Data LM Da
Slide 37: Andes V5 Architecture for All Levels of Computing
Andes V5 Architecture for All Levels of Computing AndeStar™ V5 CPUs Conventional Computing Domain Specific Architecture Architecture (DSA) RV32/64 Andes Extension N/D-series Leading PPA Embedded Processor Define custom instruction to N22 N(X)25 D25… IoT, Sensing, Storage, Audio, GPS handle time crit
Slide 38: Andes RISC-V Product Roadmap
Andes RISC-V Product Roadmap RV32/RV64 Vector Ext. Superscalar Benefits A25MP 27-Series: 45-Series: 512-bit SIMD raises Cache-Coherent AX25MP MobileNet by 66x 1-4 Cores Vector Ext. Dual Issue (CNN for mobile vision) MemBoost MemBoost NX27V N45/NX45 boost performance Linux with A25 D45 by 50% A27/AX2
Slide 39: Powering Automotive Applications by Andes RISC-V
Powering Automotive Applications by Andes RISC-V Instrument Cluster Low Power Radar ECU Touch & Display Clusters are evolving from In-Cabin Radar SoC builds Driver High-performance Automotive TDDIs are designed analog meters and gauges to all- Monitoring System and microcontrollers provide great to
Slide 40: AndesCore 45-Series
AndeCore™ 45-Series 32-bit AndesCore™ N45/D45/A45/A45MP 64-bit AndesCore™ NX45/AX45/AX45MP 40
Slide 41: AndesCore 45-Series Overview
AndesCore™ 45-Series Overview PLIC PMU Debug 8-stage In-Order Dual-Issue AndeStar™ V5 ISA: RV*GCN (S/D FPU): All Series Interrupt WFI HW Bkpt Intf. RV*P-ext (DSP/SIMD): D45/A(X)45 MMU for Linux Applications: A(X)45 45-series uCore, PMP/PMA MemBoost memory subsystem MMU Br. Pred FPU/DSP
Slide 42: AX45 Can Do More (vs. 64bit A-series)
AX45 Can Do More (vs. 64bit A-series) A53 AX45 8-stage In-Order Dual Issue 8-stage In-Order Dual Issue Widely adopted by industries Performance is better! in many applications • Coremark/MHz: 1.35x • Dhrystone/MHz: 1.42x 42
Slide 43: Target Applications for 27 & 45-Series
Target Applications for 27 & 45-Series AI/Deep Learning Video Surveillance AR/VR 5G ADAS Networking V2X (Vehicle to Everything) IVI (In-Vehicle-Infotainment) Storage Metaverse and more… 43
Slide 44: Bring Andes Strength to RISC-V Cores
Bring Andes Strength to RISC-V Cores Performance • Leading PPA and code size & Extensibility • Rich data processing in P, V, and ACE Configurability • Flexible configurations for rich features • Compiler optimizations, and SW stacks Maturity • Comprehensive features in AndeSight IDE 44
Slide 45: Concluding Remarks
Concluding Remarks http://www.andestech.com
Slide 46: A Trusted Computing Expert
A Trusted Computing Expert Successfully rolled out new series of RISC-V cores (w/ leading P-, V- and Custom-Ext.), custom computing service and FreeStart program to extend more oppty. Andes Aggressively involved in RISC-V International new technology development, contributing and Technology leveragi
Slide 47: Thank You
Thank You http://www.andestech.com +886-3-5726533 47