Slide 1: ELAN Microelectronics Corp. 2Q18 Investor Conference
義隆電子 ELAN Microelectronics Corp. ELAN Microelectronics Corp. 2Q18 Investor Conference 2018/8/7
Slide 2: Sales Breakdown by Product Line
義隆電子 ELAN Microelectronics Corp. Sales Breakdown by Product Line (Consolidated) Sales: NT$M 6,559 7,503 1,589 1,867 2,160 1,887 1,779 2,104 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 2Q18 Income Statement YoY Comparison
義隆電子 ELAN Microelectronics Corp. 2Q18 Income Statement YoY Comparison (Consolidated) NT$M 2Q18 % 2Q17 % YoY(%) Sales 2,104 100.0 1,867 100.0 12.7 Gross profit 948 45.1 831 44.5 14.1 Sales expense 103 4.9 79 4.2 G&A expense 82 3.9 77 4.1 R&D expense 376 17.9 344 18.4 Operating profit 387 18.4 331 17.
Slide 4: 2Q18 Income Statement QoQ Comparison
義隆電子 ELAN Microelectronics Corp. 2Q18 Income Statement QoQ Comparison (Consolidated) NT$M 2Q18 % 1Q18 % QoQ(%) Sales 2,104 100.0 1,779 100.0 18.3 Gross profit 948 45.1 790 44.4 20.0 Sales expense 103 4.9 72 4.0 G&A expense 82 3.9 78 4.4 R&D expense 376 17.9 352 19.8 Operating profit 387 18.4 288 16.
Slide 5: 1H18 Income Statement
義隆電子 ELAN Microelectronics Corp. 1H18 Income Statement YoY Comparison (Consolidated) NT$M 1H18 % 1H17 % YoY(%) Sales 3,883 100.0 3,456 100.0 12.4 Gross profit 1,738 44.8 1,527 44.2 13.8 Sales expense 175 4.5 144 4.2 G&A expense 160 4.1 150 4.3 R&D expense 728 18.7 675 19.5 Operating profit 675 17.5
Slide 6: Balance Sheets
義隆電子 ELAN Microelectronics Corp. Balance Sheets Jun. 30, 2018 (Consolidated) NT$M Current assets 8,856 Cash and cash equivalents 3,034 Current financial assets 784 A/R&A/N 1,737 Inventory 1,157 Other current assets 72 Other current financial assets 2,072 Non-current financial assets 1,339 Fixed asse
Slide 7: Cash Flow Statement
義隆電子 ELAN Microelectronics Corp. Cash Flow Statement Jun. 30, 2018 (Consolidated) NT$M Income before tax 789 Dep & Amort. 48 Dec.(Inc.) of A/R & N/R (200) Dec.(Inc.) of inventory (48) Inc.(Dec.) of A/P & N/P 141 Others (139) Operating cashflow 591 Inc.F/A (50) Dec.(Inc.) of investments 64 Dec.(Inc.)
Slide 8: 3Q18 Guidance
義隆電子 ELAN Microelectronics Corp. 3Q18 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 2.36 Billion and NT$ 2.42 Billion • Gross Margin to be about 44.7% to 45.7% • Operating Income Rate to be about 20.9% to 22.5%
Slide 9: Introducing the Microsoft Surface Go!
義隆電子 ELAN Microelectronics Corp. Introducing the Microsoft Surface Go! Surface’s New 10.1” 2-in-1 ELAN’s Generation 6 Plus Touch IC Inside Supporting MPP2.0+ Demo Reference: https://www.engadget.com/2018/08/02/surface-go-review/
Slide 10: Surface Go Type Cover!
義隆電子 ELAN Microelectronics Corp. Surface Go Type Cover! Built with ELAN’s PTP+ Touchpad Module Touchpad Size on Surface 10.1” = Surface Pro 12” Reference: https://www.engadget.com/2018/08/02/surface-go-review/
Slide 11: Introducing ELAN's PTP+ & MPP2.0+
義隆電子 ELAN Microelectronics Corp. Introducing ELAN’s PTP+ & MPP2.0+ ELAN’s In-Depth Testing Steps Surface UX Tests (PTP+, MPP2.0+) • Surface UX Tests Surface Test Spec • Quantifiable Data Customer UX Tests • User Experiences HLK Test (PTP, MPP2.0) • Win 10 Spec Test Lab Test • Basic Test Statistic
Slide 12: ELAN Market Status Update
義隆電子 ELAN Microelectronics Corp. ELAN Market Status Update 2017 2018 Touch IC with New Customer, Pen Support World Wide #1 World Wide #1 Trackpoint (PST) New Customer, World Wide #1 World Wide #1 Trackpad New Customer, World Wide #2 Tied for World Wide #1
Slide 13: Clamshell vs 2-in-1 Trackpads
義隆電子 ELAN Microelectronics Corp. Clamshell vs 2-in-1 Trackpads Traditional Clamshell Trackpad New 2-in-1 Trackpad Reference: https://www.engadget.com/2018/08/02/surface-go-review/
Slide 14: ASUS Project Precog Dual-Screen AI-PC, Target Launch 2019
義隆電子 ELAN Microelectronics Corp. ASUS Project Precog is a Dual-Screen AI-PC Target Launch in 2019 with ELAN Inside
Slide 15: The ~USD300 Tablet PC are all with Stylus
義隆電子 ELAN Microelectronics Corp. The ~ USD300 Tablet PC are all with Stylus iPad pro 10.5” USD611 Surface Go USD399 9.7” USD358 Chromebook Tablet USD329 Apple Pencil Wacom AES Matebook E Chromebook Flip C213 USD354 MIIX 520 with Wacom Pen MediaPad M5 10.1” USD 359 Galaxy Tab S3 USD475 Chromebook Wac
Slide 16: Infinix Note 5 Pro Launched
義隆電子 ELAN Microelectronics Corp. Infinix Note 5 Pro Launched ELAN Touch Controller Solution for Touch & Pen Screen Size: 18:9, 6.0” FHD+ IPS LCD Screen Resolution: 2160 x 1080 pixels (~403 PPI) ELAN Touch IC with Active Pen Support (X-Pen) Built-In Active Pen with 4.2mm Width
Slide 17: Q & A
義隆電子 ELAN Microelectronics Corp. Q&A Day Night