Slide 1: FocalTech Investor Conference
敦泰電子(3545)法人說明會 FocalTech Investor Conference 法人說明會 2019/5/15 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: 2019 Q1 Results Summary (1)
2019 Q1 Results Summary /108年第1季總結 (1) 雖然轉廠版本的IDC產品，已逐步開始導入客戶，但在終端產品上仍需一段驗證期，因此第1季 出貨量尚無明顯改善，加上第1季為智慧型手機的傳統淡季，在此雙重衝擊之下，使得敦泰單季 營收季減19.8%及年減37.2%。 Despite the constraint on the wafer supply is removed, the Q1 shipment has not yet recovered due to the long design-in cycle for new smartphone models
Slide 4: 2019 Q1 Results Summary (2)
2019 Q1 Results Summary /108年第1季總結(2) 由於整體營收規模顯著衰退，因此儘管毛利率有所改善，敦泰第1季稅後仍淨損1.94億 元，每股淨損0.67元。 Due to the reduction of revenue in Q1, FocalTech posted a net loss of 194 million NTD or 0.67 NTD per share, despite the slight improvement in gross margin. CONFIDENTIAL © 2018 FocalTech Systems Co., Ltd.
Slide 5: Q1 19' Income Statement
Q1 19’Income Statement /108年第1季損益表 Unit in NT$ Million /單位: 新台幣佰萬元 19' Q1 18' Q4 QoQ 18' Q1 YoY Revenue/ 營業收入 1,640 2,044 -19.8% 2,613 -37.2% Gross Profit/ 營業毛利 344 (171) 525 -34.5% Gross Margin/ 營業毛利率 20.96% -8.35% ↑2931bps 20.1% ↑86bps Operating Expense/ 營業費用 569 578 -1.6% 521 9.1% Operating Incom
Slide 6: Q1 19' Balance Sheet
Q1 19’Balance Sheet / 108年第1季資產負債表 Unit in NT$ Million /單位: 新台幣佰萬元 19' Q1 18' Q4 QoQ 18' Q1 YoY Cash & Market Securities/ 現金及其他金融資產 4,091 4,771 -14.3% 4,409 -7.2% Accounts Receivable/ 應收帳款 678 983 -31.0% 1,617 -58.1% Inventory/ 存貨 2,414 2,121 13.8% 1,992 21.2% Other Current Assets/ 其他流動資產 155 158 -1
Slide 7: Future Outlook (1)
Future Outlook /未來展望(1) 由於第1季開始敦泰IDC晶圓代工產能已成功紓解，敦泰產品打入客戶新機種的數量也開始 放大，預期有助於後市整體營運的逐步回溫，加上觸控產品線出貨同步提升，整體第2季業 績表現將較第1季成長。 The IDC wafer shortage issue is relieved in Q1. The shipment of IDC and touch controllers are expected to increase in Q2, which traditionally being an up season. So, we are expe
Slide 8: Future Outlook (2)
Future Outlook /未來展望 (2) 敦泰持續在技術與規格上站在產業的前沿，在Mux 1:6、Dual Gate等新世代IDC產品 開發上率先告捷，新產品在COG封裝方案上，可將下邊框較上一代進一步縮小，讓客 戶在產品上實現超窄邊框；在COF方案上，可實現較大間距 COF封裝，紓解現有供應 丌足且單價昂貴的小間距COF，預料新的COG/COF規格，將成為未來市場主流，並帶 領IDC產業進入新世代。 FocalTech has succeeded in the development of new generation IDC products including Mux 1
Slide 9: Future Outlook (4)
Future Outlook /未來展望(4) Single Gate Dual Gate Mux. 1:3 Mux. 1:6 COG COG 5.3~4 mm 3.1~3.4 mm COF COF 3.0mm 3.0mm CONFIDENTIAL © 2018 FocalTech Systems Co., Ltd. All rights reserved 9
Slide 10: Future Outlook (5)
Future Outlook /未來展望(5) A-Si面板 規格 量產時間 COG下邊框窄度 Single Gate 2017/Q4 5.3mm Dual Gate 2019/Q3 3.4mm LTPS面板 規格 量產時間 COG封裝- COF封裝- 下邊框窄度 下邊框窄度 Mux 1:3 2018/Q1 4.0mm 3.0mm (fine pitch COF) Cost down Mux 1:6 2019/Q3 3.1mm 3.0mm (general COF) >30% Cost down CONFIDENTIAL >45% © 2018 FocalTech Systems Co., L
Slide 11: Future Outlook (6)
Future Outlook /未來展望 (6) 在AMOLED顯示屏應用領域中，敦泰觸控晶片的布局已有所突破，成功獲得一線面板 廠認證，至於AMOLED的顯示驅動IC，則正在送樣面板廠，觸控產品將在下半年量產 出貨而顯示驅動IC則有望在下半年試量產。 In AMOLED panel applications, FocalTech’s touch controller has passed the verification of a first-tier panel supplier. Whereas the display driver IC for AMOLED is being
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