Slide 1: ELAN Microelectronics Corp. 3Q17 Investor Conference
義隆電子 ELAN Microelectronics Corp. ELAN Microelectronics Corp. 3Q17 Investor Conference 2017/10/31
Slide 2: Sales Breakdown by Product Line
義隆電子 ELAN Microelectronics Corp. Sales Breakdown by Product Line (Consolidated) Sales: NT$M 6,559 1,400 1,552 1,959 1,648 1,589 1,867 2,160 • Touch: Touchscreen Chip, Touchpad, Fingerprint ID • Non-touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 3Q17 Income Statement YoY Comparison
義隆電子 ELAN Microelectronics Corp. 3Q17 Income Statement YoY Comparison (Consolidated) NT$M 3Q17 % 3Q16 % YoY(%) Sales 2,160 100 1,959 100 10 Gross profit 994 46 814 42 22 Sales expense 85 4 91 5 G&A expense 80 4 71 4 R&D expense 361 17 339 17 Operating profit 468 21 313 16 50 Non-operating income & e
Slide 4: 3Q17 Income Statement QoQ Comparison
義隆電子 ELAN Microelectronics Corp. 3Q17 Income Statement QoQ Comparison (Consolidated) NT$M 3Q17 % 2Q17 % QoQ(%) Sales 2,160 100 1,867 100 16 Gross profit 994 46 831 45 20 Sales expense 85 4 79 4 G&A expense 80 4 77 4 R&D expense 361 17 344 19 Operating profit 468 21 331 18 41 Non-operating income & e
Slide 5: 1Q17~3Q17 Income Statement
義隆電子 ELAN Microelectronics Corp. 1Q17~3Q17 Income Statement YoY Comparison (Consolidated) NT$M 1Q17~3Q17 % 1Q16~3Q16 % YoY(%) Sales 5,616 100 4,911 100 14 Gross profit 2,522 45 2,012 41 25 Sales expense 230 4 230 5 G&A expense 230 4 218 4 R&D expense 1,036 18 980 20 Operating profit 1,026 19 584 12
Slide 6: Balance Sheets
義隆電子 ELAN Microelectronics Corp. Balance Sheets September. 30, 2017 (Consolidated) NT$M Current assets 7,851 Cash and cash equivalents 2,084 Current financial assets 736 A/R&A/N 1,780 Inventory 1,049 Other current assets 59 Other current financial assets 2,143 Non-current financial assets 1,134 Fixe
Slide 7: Cash Flow Statement
義隆電子 ELAN Microelectronics Corp. Cash Flow Statement September. 30, 2017 (Consolidated) NT$M Income before tax 983 Dep & Amort. 94 Dec.(Inc.) of A/R & N/R (369) Dec.(Inc.) of inventory (47) Inc.(Dec.) of A/P & N/P 94 Others 154 Operating cashflow 909 Inc.F/A (26) Dividend received 48 Dec.(Inc.) of i
Slide 8: 4Q17 Guidance
義隆電子 ELAN Microelectronics Corp. 4Q17 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$1.85 Billion and NT$1.95Billion • Gross Margin to be about 45% to 47% • Operating Income Rate to be about 17% to 20%
Slide 9: Microsoft Pen Demo
義隆電子 ELAN Microelectronics Corp. Microsoft Pen Demo
Slide 10: Over 1000 New Pen Apps in Microsoft Store
義隆電子 ELAN Microelectronics Corp. Over 1000 New Pen Apps in Microsoft Store Source: MSFT
Slide 11: Microsoft Pen Protocol Devices with ELAN Inside
義隆電子 ELAN Microelectronics Corp. Microsoft Pen Protocol Devices with ELAN Inside Asus Zenbook Flip S Asus Transformer T303 13.3” 4K UHD 12.6” 3K HP Spectre x2 12.3” ” 3K Asus Transformer T102 Asus Transformer T305 HP Spectre x360 15 10.1” HD 12.6” 3K 15.6” 4K UHD HP Spectre x360 13 13.3” ” 4K UHD DE
Slide 12: Demo: Simultaneous Pen and Touch with MPP
義隆電子 ELAN Microelectronics Corp. Demo: Simultaneous Pen and Touch with MPP
Slide 13: Microsoft Pen's Pressure Sensor on Windows Platform
義隆電子 ELAN Microelectronics Corp. Microsoft Pen’s Pressure Sensor on Windows Platform
Slide 14: New Feature: Tilt Enabled within Windows
義隆電子 ELAN Microelectronics Corp. New Feature: Tilt Enabled within Windows
Slide 15: Using Dual Electrode Pen Design for Tilt & Angle Detection
義隆電子 ELAN Microelectronics Corp. Using Dual Electrode Pen Design for Tilt & Angle Detection Electrode 2 Upper Ring Electrode 1 Bottom Tip H~2.9mm θ Θ’= Acos ( dL/H) H Θ=90-Θ’ dL dL The projected position of upper ring The projected position of bottom tip
Slide 16: Compensation for Non-Linear Sensor Pattern Through ELAN's Algorithm
義隆電子 ELAN Microelectronics Corp. Compensation for Non-Linear Sensor Pattern Through ELAN’s Algorithm
Slide 17: AES / MPP Protocol Update
義隆電子 ELAN Microelectronics Corp. AES / MPP Protocol Update MPP 1.51 MPP 1.8 AES 1.0 AES 2.0 *Surface Pro 4 *Surface Pro 2017 Communication 1-Way 2-Way 1-Way 1-Way Report Rate 200Hz 240Hz 133Hz 266Hz Simultaneous N/A Yes Yes Yes Pen & Touch Pressure Level 4096 4096 1024 4096 Tilt Sensitivity N/A Yes
Slide 18: ELAN Microelectronics Corp. Q & A
義隆電子 ELAN Microelectronics Corp. Q&A