Phoenix Silicon International Corp. · TWSE:8028
Phoenix Silicon International — Non-Deal Roadshow (March 2025)
16 slides from Phoenix Silicon International's roadshow presentation, Mar 18, 2025
Slide 1: PSI Roadshow in Q1,2025
PSI Roadshow in Q1,2025 Q1 2025
Slide 2: Safe Harbor Notice
Safe Harbor Notice • Psi’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements. • Information as to those factors that could cause actual r
Slide 3: Agenda
Agenda • Financial Performance • Market Trends and Competitive Analysis • Product and Technology Updates • Key Messages From PSI Phoenix Silicon International Corporation Confidential 2
Slide 4: Financial Performance
Financial Performance
Slide 5: Financial Highlights
Financial Highlights 2024Q4 M NTD Revenue GPM OPM 1,200 NT$ 1,049M 34.7% 20.1% 40% 34.7% 1,100 31.7% 35% 26.7% 30% 1,000 25% 900 19.4% 19.3% 19.1% 20% 800 20.1% 18.5% 15% 700 13.6% 10% 600 5% 5.3% 5.2% 2.5% 500 0% 23Q3 23Q4 24Q1 24Q2 24Q3 24Q4 revenue GM% OPM% Phoenix Silicon International Corporati
Slide 6: Financial Highlights
Financial Highlights Item 2024Q4 2024Q3 2023Q4 Shipment (Kpcs, 12"-equiv. Wafer) 1,963 1,803 1,519 Net Revenue (NT$ Millions) 1,050 938 754 Gross Margin 34.7% 31.7% 19.3% Operating Margin 20.1% 18.4% 5.2% Net Profit Margin 19.0% 13.4% 2.3% EPS - (NT$) 1.16 0.73 0.01 ROE (annualized) 19.9% 13.0% 2.4%
Slide 7: Market Trends Competitive Analysis
Market Trends Competitive Analysis
Slide 8: Market Trends– Deep Seek Episode
Market Trends– Deep Seek Episode Impact Analysis: 1. Cost Efficiency Gains – Optimizing semiconductor operations 2. Spurs edge AI penetration and device innovation PSI’s Opportunities: 1. No obvious impact in short term due to bottleneck in supply constraint still 2. Increasing demand for semiconduc
Slide 9: Market Trends– US Tariff
Market Trends– US Tariff Impact Analysis: 1. TSMC increasing capacity with 100B investment in USA 2. Supply chain may gradually shift to local suppliers 3. Potential high tariff on reclaim wafer import PSI’s Strategic Response: 1. Continue supplying, if not increasing, from Taiwan in short term 2. E
Slide 10: Product and Technology Updates
Product and Technology Updates Phoenix Silicon International Corporation Confidential 9
Slide 11: WW No.1 Reclaim in Quantity and Quality
WW No.1 Reclaim in Quantity and Quality 15nm MP 2025 Q3 19nm MP 26nm MP 2021 Q3 2020 Q2 32nm MP 2016 Q3 Phoenix Silicon International Corporation Confidential 10
Slide 12: Wafer Thinning Thinner, Larger, Beyond Silicon
Wafer Thinning Thinner, Larger, Beyond Silicon Phoenix Silicon International Corporation Confidential 11
Slide 13: Technology Development Highlights
Technology Development Highlights • Reclaim readiness for 2nm node 2025 • Test wafer production ramping • 12” Si BGBM qualification • Carrier qualification ✓ Advanced Packaging ✓ HBM stacking • Reclaim production for 2nm node • Carrier production ramping 2026 • Carrier qualification for BSPDN • 8” G
Slide 14: Key Messages From PSI
Key Messages From PSI Phoenix Silicon International Corporation Confidential 13
Slide 15: Leading future, Harvesting return
Leading future, Harvesting return ◼ Continue leading position in reclaim business • Execute expansion plan to meet customer’s need in next three years • Evaluate expansion opportunity in Taiwan and USA beyond 2028 ◼ Explore new business territories within core competence • Test/Carrier wafer busines
Slide 16: Https://www.psi.com.tw ir@psi.com.tw
Https://www.psi.com.tw ir@psi.com.tw Phoenix Silicon International Corporation Confidential 15
Phoenix Silicon International — Non-Deal Roadshow (March 2025) on 6ix