Slide 1: Nuvoton Technology Corporation 2H'20 Investor Conference
Nuvoton Technology Corporation 2H’20 Investor Conference Feb 19, 2021 1
Slide 2: Agenda
Agenda • Nuvoton Financial Results • Nuvoton Technology Corporation Japan Introduction • Nuvoton 2H’20 Business Update • Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice • We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Nuvoton Financial Results • Nuvoton Consolidated Statement of Comprehensive Income • Nuvoton Consolidated Balance Sheet • Nuvoton Consolidated Statement of Cash Flows 4
Slide 5: Consolidated Statement of Comprehensive Income (2H'20)
Nuvoton Consolidated Statement of Comprehensive Income Selected Items from Statement of Comprehensive Income. 4Q’20 3Q’20 2H’20 2H’19 YoY Unit: NT$ M Amount % Amount % Amount % Amount % Amount % Net Revenue 9,869 100 5,605 100 15,474 100 5,733 100 9,741 170 Gross Profit 3,535 36 2,066 37 5,601 36 2,
Slide 6: Consolidated Statement of Comprehensive Income (Y2020)
Nuvoton Consolidated Statement of Comprehensive Income Selected Items from Statement of Comprehensive Income. Y2020 Y2019 YoY Unit: NT$ M Amount % Amount % Amount % Net Revenue 20,668 100 10,367 100 10,301 99 Gross Profit 7,707 38 4,128 39 3,579 87 Operating Income 322 2 584 5 (262) (45) Net Non-Ope
Slide 7: Consolidated Balance Sheet
Nuvoton Consolidated Balance Sheet Selected Items from Balance Sheet. Dec 31 ’20 Dec 31 ‘19 YoY Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 5,882 18 4,859 44 1,023 21 Accounts Receivable 4,246 13 1,078 10 3,168 294 Other Receivable 1,710 5 497 4 1,213 244 Inventories 6,250 20 1,60
Slide 8: Consolidated Statement of Cash Flows
Nuvoton Consolidated Statement of Cash Flows 2H’20 2H’19 YoY Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities 1,167 800 367 Cash Flows from Investing Activities (7,256) (1,084) (6,172) Cash Flows from Financing Activities 5,379 3,520 1,859 Cash & Cash Equivalents 5,882 4,859 1,0
Slide 9: Nuvoton Technology Corporation Japan Introduction
Nuvoton Technology Corporation Japan Introduction • NTCJ’s Company Profile • NTCJ’s History • NTCJ’s Business and Product Strategy • NTCJ’s Main Products and Applications • Technology and Business Integration between NTC and NTCJ • Balanced Business in 4C Application after the Merger 9
Slide 10: NTCJ's Company Profile
NTCJ’s Company Profile • Company Name：Nuvoton Technology Corporation Japan (“NTCJ”) previously named Panasonic Semiconductor Solutions (“PSCS”) • Business：Semiconductor IC design, development, manufacturing and sales • Acquired date：September 1, 2020 • Location：Nagaokakyo City, Kyoto, Japan • Capita
Slide 11: NTCJ's History
NTCJ’s History • 1952 Founded : Matsushita Electronics Corporation(MEC) as a joint venture by Matsushita Electronic Industrials(MEI) and Philips • 2001 Absorption into MEI as a division company for Semiconductor • 2014 Spin off PSCS as a subsidiary of Panasonic IS company • 2020 Transferred to Nuvot
Slide 12: NTCJ's Business and Product Strategy
NTCJ’s Business and Product Strategy • Products and technologies meet market trend Market Trend Focus Area Core Main Products Technology Image TOF Application Visual Processing Imaging LiDAR Sensing with AI DSP/ISP TOF sensor Automotive DSP of Visual AI Solutions Security and Secure MCU for Ticket L
Slide 13: NTCJ's Main Products and Applications (1)
NTCJ’s Main Products and Applications (1) Home/Industrial Robot TOF/Imaging LiDAR • Enables highly accurate obstacle detection and recognition of human facial expressions and motions Store In-cabin • High robustness against environmental changes DSP/ISP Head Up Display Electric Mirror • The high-qua
Slide 14: NTCJ's Main Products and Applications (2)
NTCJ’s Main Products and Applications (2) Inverter MCU • Excellent system knowledge based on over 40 years of business experience in consumer, automotive and industrial Air Conditioner Washing Machine market • Enable to make digital control of various power conversions and inverter motor control Ser
Slide 15: NTCJ's Main Products and Applications (3)
NTCJ’s Main Products and Applications (3) Battery Monitor • Excellent reliability by unique Silicon on Insulator(SOI) Technology to achieve high reliability requirements in automotive market • Easy launch and horizontal expansion for industrial battery Electric Vehicle E-Scooter Server/ESS pack Moto
Slide 16: NTCJ's Main Products and Applications (4)
NTCJ’s Main Products and Applications (4) Li-ion Battery MOSFET(CSP) Smartphone VR/AR • Small size and low on resistance provides, TWS Tablet Design ability for small and thin devices Long battery run time for Li battery devices Smart Watch Hearing Aid Zero defects for automotive and medical A
Slide 17: Technology and Business Integration between NTC and NTCJ
Technology and Business Integration between NTC and NTCJ Business Image Battery General Purpose Smart Home Cloud Security Processing Management MCU / DSP Security Analog Interface Technology / Audio Low Power Sensing Nuvoton Taiwan NTCJ
Slide 18: Balanced Business in 4C Application after the Merger
Balanced Business in 4C Application after the Merger NTC NTC + NTCJ Increasing percentage in Automotive and Communication sectors Computer Automotive 18% Automotive & Industrial Computer & Industrial 24% 37% 39% Consumer Consumer 29% 37% Communicati on 14% Communication 2% 18
Slide 19: NTCJ @Kyoto
NTCJ @Kyoto ’21/Jan, Taken photo with NTCJ’s image sensor(MN34450) 19
Slide 20: 2H'20 Business Update
Nuvoton 2H’20 Business Update • Nuvoton Revenue and GM Trend - Consolidated • Nuvoton 2H’20 Business Update • Nuvoton 2021 Business Outlook 20
Slide 21: Revenue and GM Trend - Consolidated
Nuvoton Revenue and GM Trend - Consolidated Revenue/Gross Profit (NT$ M) Gross Margin 30,000 50.0% 41.7% 40.9% 40.4% 25,000 39.0% 39.8% 37.3% 40.0% 20,668 20,000 Revenue 30.0% Gross Profit 15,000 GM% 10,367 20.0% 9,235 10,040 10,000 8,329 7,313 7,707 4,128 10.0% 5,000 3,408 3,733 3,913 3,048 0 0.0%
Slide 22: 2H'20 Business Update (1)
Nuvoton 2H’20 Business Update (1) • Main Achievements – MCU/Smart Home Launched the first 32-bit Arm® Cortex®-M0 based NUC131U that is qualified by automotive AEC- Q100 Grade 2 (-40°C to 105°C) Launched 32-bit Arm® Cortex®-M0 based NuMicro® M0A21 Series MCU with a temperature range from -40°C to
Slide 23: 2H'20 Business Update (2)
Nuvoton 2H’20 Business Update (2) • Main Achievements – Cloud and Computing/Foundry Shipments of BMC products to both Enterprise and Hyperscale Data Center customers Nuvoton NCT6692D, a 32-bit security controller chip with on-chip ROM and key storage as the root of trust, passes Cryptographic Al
Slide 24: 2H'20 Business Update (3)
Nuvoton 2H’20 Business Update (3) • Main Achievements - NTCJ Released CSP MOSFET with the lowest On-resistance for 5G smartphone Released reference design for new 3D sensing camera solutions with high-precision, high- resolution TOF sensor approved for robotics platform Launched industrial gra
Slide 25: 2021 Business Outlook (1)
Nuvoton 2021 Business Outlook (1) • New Products and Developments Development of high processing power MPU (based on the Cortex-A35) for industrial Edge Gateway applications Development of M23 based low-power secure MCU with touch key and LCD interface targeted for Smart Home Appliance applicati
Slide 26: 2021 Business Outlook (2)
Nuvoton 2021 Business Outlook (2) • New Products and Developments Establishment of 12nm Fin-FET process SoC development technology, with Arm CA53 core processor, and multiple Gbps high speed Interfaces (LPDDR4, PCIe, USB3.1, HDMI, etc.) implemented Development of new industrial battery monitorin
Slide 27: Questions & Answers
Questions & Answers Company website Nuvoton: www.nuvoton.com 27