AOT — Investor Presentation 2018

Nov 27, 2018

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榮創能源科技股份有限公司 Advanced Optoelectronic Technology Inc. ( 股票代碼： 3437) 法人說明會

2018/11/28

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豁免聲明

本簡報內含榮創公司(“本公司＂)所提出的各種前瞻性 ， 、 。 陳述 包括本公司的營運 對未來的成果及 預 期 這些 陳述具有實質上已知及未知的風險及不確定性，本公司 未來實際所發生的營運結果與這些前瞻性陳述內容可能 有明顯的差異，其原因可能來自於一些本公司所不能掌 。 ， 、 控的風險 此外 本公司 不 負責對外更新 更 正 任何前 瞻性陳述，不論日後是否有發生新資訊、事件等。

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簡報大綱

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‧
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‧ 公司簡介 ‧ 營運成果 ‧ 市場概況 ‧ 營運策略 ‧ 產品發展

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一、公司簡介

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公司基本資訊

• 公司設立 :1999 年 10 月

• ：

• 董事長暨執行長 方榮熙

• 總經理：黃郁良

• ：

• 主要股東 鴻海集團

• 資本額：新台幣 14 4. 億元

• 主營項目： LED 封裝製造

• 員工人數：約 1,300 人

• 生產基地：新竹工業區

• � 海外辦公室：中國深圳市

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主要產品

AOT Backlight Solution

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� AOT Side-view LED
� AOT Top / Side-view LED
Smart Phone/GPS
Note oob k
1403 1303 2604 1803 4206 3006 3806
3004 1404
� AOT Side-view LED
� AOT Side-view LED
Tablet Industrial Display
3006 1404
4014M 3014M
3806 4206 � AOT Top-view LED
� AOT Top-view LED LED TV
Monitor
3030M 3030M2 3030S1313CSP
4020M 4014M/ 3014
PCT
7032 7020 4020M 4014M
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主要客戶

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專利佈局

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EKP/EIP
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EUROPE
CHINA N. AMERICA
S.KOREA JAPAN
India
AOT
AFRICA
S. AMERICA
Australia
截至 107/09/30 全球已有 1,213 件專利核准。
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二、營運成果

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經營實績

	經營實績	經營實績	經營實績	經營實績	經營實績	經營實績	經營實績	經營實績
	單位:新台幣仟元 年度 2012年 2013年 2014年 2015年 2016年 2017年
	年度	2012年	2013年	2014年	2015年	2016年	2017年
	營業收入	5,209,998	6,558,767	7,114,256	6,170,439	6,171,727	5,978,055
	營業毛利	900,982	1,262,723	1,188,111	1,045,571	763,910	770,076
	毛利率	17 29%	19 25%	16 70%	16 94%	12 38%	12 88%
		.	.	.	.	.	.
	營業利益	509,767	735,624	529,823	387,651	102,912	132,039
	本期淨利	451,192	687,384	422,013	342,783	58,947	98,008
	淨利率	8.66%	10.48%	5.93%	5.56%	0.96%	1.64%
	稅後EPS(元)	3.47	5.29	3.07	2.38	0.41	0.68

季營收 & 毛利率

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NT$ 佰萬元
25%
2,000
20%
1,500
15.2% 15%
14.5%
12.2% 12.8%
10 3%. 10.8%
10%
1,000
5%
2.4%
500
0%
-2.5%
0 -5%
Q4-16 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18
營收 毛利率
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產品營收比重

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100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Q4-16 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18
O t h ers Li g h t ng i TV NB&M on tor i M o bil e
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三、市場概況

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市場技術發展方向

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Mini LED Lighting New Pro
Backlight
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• 電視背光應用

• 車載面板應用

• MNT 背光應用

• 手機背光應用

• 電競背光

• NB 背光

• 車載面板

• 車前燈

• 方向燈

• 霧燈

• 煞車燈

• 指紋辨識IR

• � 臉部辨識 (VCSEL)

• UV 應用

• 紅外線產品

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高解析度面板需求

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電視面板及整機出貨統計

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資料來源：IHS Markit. / 中時電子報整理

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手機市場需求

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車用照明市場需求

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資料來源：中商產業研究院

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VCSEL 市場需求趨勢

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Source: LightCounting Market Research

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LED 產業展望

• TV 需求部分

• 高解析度機種需求 8K 會持續開出，搭配 2020 日本東京奧運 NHK 開出 8K 頻道， 有機會增加 LED 需求。

• 中國內需需求疲軟，但中國品牌廠積極拓展海外市場 ( 東南亞 / 北美 )ODM/OEM 。

• 需求將有機會緩慢成長

• 手機需求部分 2019 年智慧手機驅動換機需求的將可望是 5G ，未來 5G 推出後，將可望有如 3G ， 。 ， ， 轉向 4G 世代般 4G 手機將大量取代 3G 未來 5G 推出後 傳輸數據大幅加快 同時手機性能也提升，預期未來換機市場將會著重在高階領域其需求也會快速 增長。

• 車用照明部分

• 此市場單價高，毛利率穩定，此部分持續開發車前燈等相關應用，可望持續成 長。

• 臉部辨識部分

• 手機需求發展至 5G 時，手機將可大幅逐漸改變生活習慣，因此加密需求及生物 辨識的需求也將大增。

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四、營運策略

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� 2018 ~ 2019 市場佈局

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•
TV/MNT/NB/Mobile
•
車載產品 背光應用
•
HDR solution
市場
•
MNT/NB 應用
•
車載應用
•
電競應用
Micro LED
•
車燈後裝市場
•
煞車燈市場 市場
• 車用照明
車用照明
市場
新應用
市場 •
虹膜辨識(LED type)
•
VCSEL
•
Flash (代工)
•
UV市場
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五、產品發展

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AOT Backlight Solution

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HDR
PKG Solution
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AOT Display Solution

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AOT Display Solution

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LCD+HDR BLU, RGB PKG Solution

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Automotive Lamps

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Function : 1. PKG life quality up to 50,000 hours for Automotive for OEM/AM marketing 2. ODM LED Light bar for Automotive Panel 3. Ceramic CSP & EMC for Automotive Lighting 4. PIG(Phosphor in Glass) package technology 5. Automotive Lighting PKG & board for OEM/AM marketing

3528/3030M

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3528/3030M

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~~Side Turnin~~ ~~g lam~~ ~~p s~~ Head lamps Rear lamps CSP Series ~~DRL~~ Fog lamps

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CSP Series 3528/3030M

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Automotive Lamps

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3528/3030M
Side Turning lamps
Head lam p s
R l
ear amps
CSP 3528/3030M
S er es i
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感測元件Sensor

現有客戶(PKG)的擴大

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OEM/ODM 模式進入 IR / VCSEL 市場

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簡報結束 敬請指教

Q & A

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