Slide 1: FocalTech Investor Conference
敦泰電子(3545)法人說明會 FocalTech Investor Conference 法人說明會 2019/2/26 The world leader in human machine interface solutions
Slide 2: 免責聲明 DISCLAIMER
免責聲明DISCLAIMER • 本簡報之內容可能包括本公司基於從各項來源所取得的資訊， 對於營運、財務狀況與企業發展情形的前瞻性預估。 • This presentation may contain “forward-looking statements” which may include projections on future results of operations, financial condition, and business prospects based on our own information and other sources. • 因為包括但不限於市場需求、
Slide 3: 2018 Q4 Results Summary (1)
2018 Q4 Results Summary /107年第4季總結 (1) 受到全球智慧型手機市場低迷的影嚮，加上大陸與美國之間的貿易衝突，自11月份起手機相關的訂單明顯下滑， 在IDC、觸控晶片、顯示驅動晶片等三大產品線的出貨量皆較第3季衰退，拖累敦泰第4季營收季減19%。 Impacted by the weak demand in smartphones, and the trade conflict between China Mainland and the United States, a sudden and noticeable decline in the ship
Slide 4: 2018 Q4 Results Summary (2)
2018 Q4 Results Summary /107年第4季總結(2) 雖然全球IDC滲透率快速提升，但在競爭對手丌當競爭以及晶圓供貨短缺的雙重衝擊下，導致 敦泰2018年在IDC市場市占率下滑，使商譽及相關無形資產之可回收金額低於先前估算的帳面 價值，因此依國際會計準則第36號，提列減損損失20億元。 The IDC penetration rate increased rapidly, but the impacts from improper competition coupled with the shortage of wafer supply caused FocalT
Slide 5: Q4 18' Income Statement
Q4 18’Income Statement /107年第4季損益表 Unit in NT$ Million /單位: 新台幣佰萬元 18' Q4 18' Q3 QoQ 17' Q4 YoY Revenue/ 營業收入 2,044 2,530 -19% 2,775 -26% Gross Profit/ 營業毛利 (171) 618 -128% 567 -130% Gross Margin/ 營業毛利率 -8.35% 24.4% -134% 20.4% -141% Operating Expense/ 營業費用 578 586 -1% 557 4% Operating Income/ 營業淨利
Slide 6: 2018 Income Statement
2018 Income Statement /107 年損益表 Unit in NT$ Million /單位: 新台幣佰萬元 2018 2017 YoY Revenue/ 營業收入 9,919 10,798 -8% Gross Profit/ 營業毛利 1,562 2,270 -31% Gross Margin/ 營業毛利率 15.7% 21.0% -25% Operating Expense/ 營業費用 2,237 2,108 6% Operating Income/ 營業淨利 (675) 162 -517% Non Operating Income/ 營業外收入 (1,829) 42 -
Slide 7: Q4 18' Balance Sheet
Q4 18’Balance Sheet / 107年第4季資產負債表 Unit in NT$ Million /單位: 新台幣佰萬元 18' Q4 18' Q3 QoQ 17' Q4 YoY Cash & Market Securities/ 現金及其他金融資產 4,771 5,223 -9% 4,018 19% Accounts Receivable/ 應收帳款 983 1,177 -16% 1,258 -22% Inventory/ 存貨 2,121 2,385 -11% 2,686 -21% Other Current Assets/ 其他流動資產 158 215 -27% 212 -2
Slide 8: Future Outlook (1)
Future Outlook /未來展望(1) 受到晶圓供貨限制及丌當競爭等因素影響，導致2018年成為敦泰成立13年以來最艱苦的一年，2018 年末到2019年初，IDC產品晶圓供貨已陸續得到紓解，但因轉廠版本的IDC產品導入客戶仍需一段驗 證期，加上第1季為智慧型手機的傳統淡季，預估敦泰首季營運將持續下探。 Impacts from the wafer supply and improper competition made 2018 a tough year for FocalTech. Starting from last quarter, the wafer shortage
Slide 9: Future Outlook (2)
Future Outlook /未來展望 (2) 內嵌式顯示屏取代外掛式產品在手機市場的滲透率，今年將持續提升，敦泰在IDC產能紓解下應可 擴增全年出貨規模，但因產品驗證及新款手機設計週期的緣故，約在Q2或Q3才能起量。 IDC's penetration rate is expected to continue to rise this year, converting discrete solutions on a global scale. FocalTech is expecting a increase in the shipment of IDC YoY. However,
Slide 10: Future Outlook (3)
Future Outlook /未來展望 (3) 有鑑於AMOLED的面板供應將於未來快速起量，敦泰丌會缺席，除了支援中小尺寸面板的驅動IC已開 發完成，目前支援20:9及FHD+解析度的AMOLED的驅動IC，也正進入送樣階段，預計2019年將可量 產出貨。 In view of the panel supply in AMOLED will fast increase in the future, FocalTech has engaged in display driver development for years. In addition to the existing we
Slide 11: Future Outlook (4)
Future Outlook /未來展望 (4) 經過數年的開發及推廣，電容式指紋辨識產品將於2019年有較明顯的出貨貢獻，光學式的產品第一季 則仍處於開發階段，但期望今年可以進入逐步量產。 After several years of development and promotion, capacitive fingerprint products will have a meaningful shipment contribution in 2019. As to optical fingerprint products, we are still at prototype st
Slide 12: THANKS
THANKS Copyright © 2018 FocalTech Systems Co., Ltd. All Rights Reserved. The information in this document may contain predictive statements including, without limitation, statements regarding the future financial and operating results, future product portfolio, new technology, etc. There are a numbe