Andes Technology Corp. · TWSE:6533
Andes Technology — Q1 2022 Earnings Presentation
42 slides from Andes Technology's earnings presentation, 2022
Slide 1: 晶心科技股份有限公司
晶心科技股份有限公司
Slide 2: 投資安全聲明
投資安全聲明 除簡報內所提供之歷史信息外，簡報事項係屬預測性陳述，受 到風險及不確定性因素影響，可能造成實際結果與陳述內容發 生不符，這些不確定性因素包括但不限於：天氣、競爭性產品 及其定價的影響、產業及市場對半導體產品之供給及需求移轉 、新產品大量量產之能力、技術急遽演進、半導體產業景氣以 及整體經濟環境之變化。 2
Slide 3: 簡報大綱
簡報大綱 01 公司簡介 02 營運成果 03 產品應用 04 新產品及生態系統 05 總結 3
Slide 4: 公司簡介
公司簡介 http://www.andestech.com
Slide 5: 晶心亮點
晶心亮點 • 2005年3月設立於台灣新竹科學園區。 • 根基穩健的高科技上市公司。 • 員工人數達280人；80%為工程師。 • 獲得TSMC 2015年新的 IP OIP Award 。 • 晉升為RISC-V國際聯盟(前身為RISC-V基金會) 首席會員。 (2020) • 獲得Al Global Media頒發「2020年最傑出嵌入式處理器IP供應商」。 • 向量處理器核心NX27V獲頒「新竹科學園區優良廠商創新產品獎」 (2020) • EE Awards亞洲金選獎 -「Taiwan 產品獎」,「Asia 企業獎」(2021) 晶心任務 • 創新架構高效能/低功耗嵌入式處理器。 晶心
Slide 6: 重要里程碑
重要里程碑 ❖ 250+ commercial licensees ◼ Geographically distributed in Taiwan, China, Korea, Japan, Europe, and USA Andes- ◼ 600+ license agreements signed Embedded SoC ❖ AndeSight™ IDE: ◼ 22,000+ installations IP / EDA Design Service / Foundries ❖ Eco-system: ◼ 500+ partners Development Environment Misc
Slide 7: 營運成果
營運成果 http://www.andestech.com
Slide 8: 1Q22 營業收入
1Q22 營業收入 QoQ YoY -21.6% +39.6% (單位:新台幣千元) 8
Slide 9: —1Q228+AB BURR
—1Q228+AB BURR SAL: MARTI .7 8% BY eu 5) $) ~ 5) Ss) S) FS OC EC SC SC F © Ss vr € - wv s g re of ¢ Sy e $ PRISC-V" gy. TECHNOLOGY
Slide 10: 1Q22 權利金收入
1Q22 權利金收入 QoQ YoY -2.8% 11.6% (單位:新台幣千元) 10
Slide 11: 權利金收入趨勢
ANS SAR Bar: MEM TI (BRB) 250,000 60 200,000 41 150,000 33 28 25 100,000 15 15 50,000 5 __ [ |_| || |_| 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 mH 445 660 1,285 10,819 12,232 13,320 38,287 74,953 106,716 | 158,792 | 233,676 SPR aA 2 5 9 15 15 25 28 33 41 51 Apes RISC" 1) TECHNOLOGY
Slide 12: 1922 HASSE
1922 HASSE NARS Sir MASI 25,000 20,000 15,000 10,000 Va 77 F & s s S Ro & & & SE A EAE EP go ANoes yRISC-V’ 12) TECHNOLOGY
Slide 13: —:1Q22 SHRED H-ULA Ht
—:1Q22 SHRED H-ULA Ht BMSMIREWA MASA mM ABARBWARE IH yy RISc-v’ 13)
Slide 14: 1Q22 銷售地區
-1Q22 SH es) 4-H EB MTaiwan @Korea @China MUSA MEurope MJapan yRISsc-v’ 14
Slide 15: 1Q22 產品銷售分析
- 1Q22 #53 4T- Bl 9 N8& r mNX27 mAX25 mE8 mN13 mN45 mIAR mN22 mD25 mAX45 = N10 mACE | NX25 m AE250 m AE350 =D10 Other yRISC-’ 15. mV3 mRISC-V ANibes TECHNOLOGY
Slide 16: 1Q22 銷售分析- RISC-V
1Q22 銷售分析- RISC-V (單位:新台幣千元) 16
Slide 17: 歷年商業授權合約
歷年商業授權合約 (numbers) (numbers) 17
Slide 18: 歷年收入分析
歷年收入分析 (NT$) License Royalty 18
Slide 19: 1Q22 毛利率
(1922 SHEARER (BALM ASF 7) 300,000 o 2 a r 100.00% 250,000 | s0.00% 200,000 + 60.00% 150,000 + 40.00% 100,000 50,000 + 20.00% - 0.00% 1Q21 4Q21 1Q22 mmm 2 EF 150,700 268,425 210,700 EAE 99.72% 99.77% 99.84% ANbeES ey RISC" 19) TECHNOLOGY
Slide 20: 1Q22 營業費用
1Q22 營業費用 QoQ YoY -3.9% +50.6% (單位:新台幣千元) 20
Slide 21: 1Q22 營業利益
1Q22 營業利益 QoQ YoY -93.1% -72.3% (單位:新台幣千元) 21
Slide 22: 1Q22 營業利益率
1Q22 營業利益率 YoY -7.03 PT (單位:%) 22
Slide 23: 1Q22 合併淨利
1Q22 合併淨利 QoQ YoY +314.7% +349.8% (單位:新台幣千元) 23
Slide 24: 1Q22 合併淨利率
1Q22 合併淨利率 YoY +40.65 PT (單位: %) 24
Slide 25: 1Q22 每股盈餘
1Q22 每股盈餘 QoQ YoY +1.92 $ +1.81 $ (單位:新台幣元) 25
Slide 26: 產品應用
產品應用 http://www.andestech.com
Slide 27: 晶心概況
晶心概況 ❖ A 17-year-old public CPU IP company ❖ 3B+ Andes-Embedded SoC annually in 2021 GNU Toolchains ❖ A founding premier member of the RISC-V International ❖ An active role in RISC-V International & its extension task groups LLVM RISC-V Board Director Member of Technical Steering Committee RISC-V Am
Slide 28: 晶心嵌入各式各樣新的應用
晶心嵌入各式各樣新的應用 Sensor Hub WiFi/ BT/ GPS/ FM (combo) NFC Smart Speakers: Bike Sharing: X-Trail: Controller Touch WiFi IoT GPS Ctrl ADAS Ctlr Storage Screen Controller Controller Switch: Andes Embedded in Smart Phones Game Flash Ctlr ❖ In leading machine learning computers for datacenter ❖ In tier-one s
Slide 29: 晶心RISC-V已應用在邊緣到雲端運算的SoC
晶心RISC-V已應用在邊緣到雲端運算的SoC ❖Edge to Cloud ADAS Datacenter AI accelerators AIoT SSD: enterprise (& consumer) Blockchain 5G macro/small cells FPGA MCU Multimedia Security Wireless (BT/WiFi) ❖40nm to 5nm 5G Macro ❖Many in AI 29
Slide 30: 晶心RISC-V核心在SoC中被採用的數目
晶心RISC-V核心在SoC中被採用的數目 o single core ooooo oooooooooooooooooooo…oooooooooooooooooooo 2-8 cores ooo oooooooooooooooooooo…oooooooooooooooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooo oooooooooooooooooooo…oooooooooooooooooooo oooooooo oooooooooooooooo
Slide 31: 新產品及生態系統
新產品及生態系統 http://www.andestech.com
Slide 32: 晶心RISC-V產品概述
晶心RISC-V產品概述 Best extensions to RISC-V AndeStar™ Architecture V5 AndesCore™ AndeSight™ Highly optimized Processors Tools Professional IDE design with Standby EDM COP Intf with high code & VIC leading PPA AndesCore uCore quality ITLB MMU/MPU DTLB Instr Instr LM Data LM Data Cache Intf Intf Cache DMA
Slide 33: Andes V5適用於廣泛的運算架構
Andes V5適用於廣泛的運算架構 AndeStar™ V5 CPUs Conventional Computing Domain Specific Architecture Architecture (DSA) RV32/64 Andes Extension N/D-series Leading PPA Embedded Processor Define custom instruction to N22 N(X)25 D25… IoT, Sensing, Storage, Audio, GPS handle time critical codes A-series High Perfor
Slide 34: 晶心RISC-V產品路線圖
晶心RISC-V產品路線圖 RV32/RV64 Vector Ext. Superscalar Benefits A25MP 27-Series: 45-Series: 512-bit SIMD raises Cache-Coherent AX25MP MobileNet by 66x 1-4 Cores Vector Ext. Dual Issue (CNN for mobile vision) MemBoost MemBoost NX27V N45/NX45 boost performance Linux with A25 D45 by 50% A27/AX27 A45/AX45 FPU/
Slide 35: AndeCore™ 系列產品
AndeCore™ 45 系列產品 32-bit AndesCore™ N45/D45/A45/A45MP 64-bit AndesCore™ NX45/AX45/AX45MP 35
Slide 36: AndesCore™ 45-Series概述
AndesCore™ 45-Series概述 PLIC PMU Debug ◼ 8-stage In-Order Dual-Issue ◼ AndeStar™ V5 ISA: ⚫ RV*GCN (S/D FPU): All Series Interrupt WFI HW Bkpt Intf. ⚫ RV*P-ext (DSP/SIMD): D45/A(X)45 ⚫ MMU for Linux Applications: A(X)45 45-series uCore, PMP/PMA ◼ MemBoost memory subsystem MMU Br. Pred FPU/DSP ◼ Low po
Slide 37: AX45 Can Do More (vs. 64bit A-series)
AX45 Can Do More (vs. 64bit A-series) ◼ A53 ◼ AX45 ⚫ 8-stage In-Order Dual Issue ⚫ 8-stage In-Order Dual Issue ⚫ Widely adopted by industries ⚫ Performance is better! in many applications • Coremark/MHz: 1.32x • Dhrystone/MHz: 1.37x 37
Slide 38: 45系列產品的目標市場
27 & 45系列產品的目標市場 ◼ AI/Deep Learning ◼ Video Surveillance ◼ AR/VR ◼ 5G ◼ ADAS ◼ Networking ◼ V2X (Vehicle to Everything) ◼ IVI (In-Vehicle-Infotainment) ◼ Storage Metaverse and more… 38
Slide 39: 晶心RISC-V產品的優勢
晶心RISC-V產品的優勢 Performance • Leading PPA and code size & Extensibility • Rich data processing in P, V, and ACE Configurability • Flexible configurations for rich features • Compiler optimizations, and SW stacks Maturity • Comprehensive features in AndeSight IDE 39
Slide 40: 總結
總結 http://www.andestech.com
Slide 41: A Trusted Computing Expert
A Trusted Computing Expert Successfully rolled out new series of RISC-V cores (w/ leading P-, V- and Custom-Ext.), custom computing service and FreeStart program to extend more oppty. Andes Aggressively involved in RISC-V International new technology development, contributing and Technology leveragi
Slide 42: Thank You
Thank You http://www.andestech.com +886-3-5726533 42