AI assistant
CHROMA — Call Transcript 2021
Feb 25, 2021
52029_rns_2021-02-25_62ae399b-14f7-4e1c-8a67-4eedaa89e2ce.pdf
Call Transcript
Open in viewerOpens in your device viewer
==> picture [141 x 48] intentionally omitted <==
==> picture [153 x 159] intentionally omitted <==
CHROMA ATE INC. 2020.4Q Earnings Conference Call Paul Ying, CFO Leo Huang, Chairman & CEO
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
25[th] February, 2021
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
1
Disclaimer
==> picture [141 x 48] intentionally omitted <==
This presentation contains some forward-looking statements that are subject to substantial risks and uncertainties. Typically, these statements contain words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “plan”, “forecast”, “project”, “predict”, “potential”, “continue”, “may”, “should”, “will”, and “would” or similar words. You should consider these forward-looking statements carefully because such statements are only our expectations or projections about future events, and actual results may differ materially from those expressed or implied by such statements. The forward-looking statements in this presentation include, but are not limited to, growth rates for various markets estimated by third party sources, future products and technology development, widespread market acceptance of the hosted delivery model, future revenue growth and profitability. You should be cautioned that the forward-looking statements are no guarantee of our future performance. The forward-looking statements contained in this presentation are made only as of the date of this presentation and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law. This presentation and the information contained herein are the property of Chroma Ate Inc.
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
2
Agenda
==> picture [141 x 48] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
• Corporate Profile • Financial Review • Operation Highlights • Q&A
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
3
CORPORATE PROFILE
==> picture [15 x 439] intentionally omitted <==
==> picture [141 x 48] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
4
Corporate Profile
• Chroma Group founded in 1984, a world leading own brand turnkey test & automation solution provider, specialized in electronics test and measurement instruments and ATS (auto test system). Businesses cover test and measurement instruments and ATS for various industries, and a turnkey solution as an integration of Test and Measurement , Automation and MES (manufacturing execution system).
- Key success: Precision, Reliability, Innovation
• Chroma group encompass business unit of Chroma Ate Inc., Modular Assembly System (MAS) and Chroma New Material Corp (CNMC).
-
2020 Consolidated Sales : NT$ 15.5 billion
-
2020 Net Income: NT$ 2.3 billion
-
Chroma Group total of 3,019 employees (as of
December, 2020)
==> picture [141 x 48] intentionally omitted <==
==> picture [35 x 53] intentionally omitted <==
Consolidated Chroma Ate Sales Others Consolidated CNMC Sales Consolidated MAS Sales
==> picture [356 x 347] intentionally omitted <==
----- Start of picture text -----
16,931
15,532
14,901
4%
29% 13,910
16%
17% 7%
11,624
15%
3% 14%
12%
20%
74% 66% 57% 76% 78%
----- End of picture text -----
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
2016
2017
2018
2019 2020
5
Financial Performance
==> picture [141 x 48] intentionally omitted <==
==> picture [856 x 463] intentionally omitted <==
----- Start of picture text -----
Sales Revenues Gross Margin
Consolidated Sales Consolidated
R&D Expenses
Parent Only
Gross Margin R&D Expenses in % of Sales Revenues
16,931
9,180
15,532
8,111
14,901
8,018
13,910 7,547
7,233
11,624
49%
47% 47% 47%
53%
52% 52%
44% 51% 51%
Chroma Employees : 1,775 � (R&D 39%)
15% 14%
13% 13% 13%
937 1,085 1,143 1,172 1,216
2016 2017 2018 2019 2020 2016 2017 2018 2019 2020
In Million NTD
----- End of picture text -----
6
Financial Performance
==> picture [141 x 48] intentionally omitted <==
==> picture [720 x 435] intentionally omitted <==
----- Start of picture text -----
ROE Dividend
Basic EPS Cash dividend
22% Payout ratio
18%
17%
6.41 6.22
15%
13%
4.53 4.48
4.50
4.20
3.28 3.30
3.01
2.40
2016 2017 2018 2019 2020 2015 2016 2017 2018 2019
In NTD
----- End of picture text -----
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
7
==> picture [141 x 48] intentionally omitted <==
Global Operation Sites
==> picture [877 x 428] intentionally omitted <==
----- Start of picture text -----
50 93 EST. 1999 EST. 2017 EST. 2008 EST. 2018 EST. 1993 EST. 2001
Operation Distributors
Sites
Netherlands: Germany: Japan: Korea: United States: United States:
Ede Augsburg Shin-Yokohama/ Pangyo Irvine, CA Foothill Ranch, CA
Nagoya/ Osaka Santa Clara, CA Marlborough, MA
Chandler, AZ Detroit, MI
Allentown, PA Mexico!
Albany, NY Ciudad Juarez
EST. 1998 EST. 1999 EST. 2000 EST. 2001 EST. 2003 EST. 2009
China/ Shenzhen China/ Beijing China/ Shanghai China/ Dongguan Taiwan: Taoyuan (Headquarters) Taiwan: Hsinchu Taiwan: Kaohsiung
EST. 2006 EST. 2011 EST. 2011
EST. 2016
Others:
India: New Delhi/ Mumbai/ Bangalore
Thailand: Bangkok
Vietnam: Hanoi/ Ho Chi Minh
Malaysia: Kuala Lumpur/ Penang
China/ Suzhou China/ Xiamen China/ Chongqing
----- End of picture text -----
EST. 2016 Others: India: New Delhi/ Mumbai/ Bangalore Thailand: Bangkok Vietnam: Hanoi/ Ho Chi Minh Malaysia: Kuala Lumpur/ Penang Quantel!Singapore!SingaporeSingapore Philippines: Manila/ Cebu Indonesia: Jakartar
Quantel!Singapore!SingaporeSingapore
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
Others: Qingdao/ Zhengzhou/ Xian/Hefei/ Chengdu/ Wuhan/ Hangzhou/ Changsha/ Guangzhou/ Hong Kong
==> picture [193 x 5] intentionally omitted <==
8
==> picture [15 x 439] intentionally omitted <==
FINANCIAL REVIEW
==> picture [671 x 11] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
9
Year 2020 Condensed Consolidated Income Statement
==> picture [141 x 48] intentionally omitted <==
| Condensed Consolidated P&L (In Million NTD, except for EPS in NTD) |
2020 % |
2019 % YoY % |
|
| Net Sales | 15,532 100% |
13,910 100% 12% |
|
| Consolidated Sales of Testing Equipment Business | 12,045 78% |
10,546 76% 14% |
|
| Consolidated Sales of MAS | 618 4% |
1,009 7% (39%) |
|
| Consolidated Sales of New Material | 2,551 16% |
2,097 15% 22% |
|
| Others | 318 2% |
258 2% 23% |
|
| Cost of Goods Sold | (7,988) (51%) |
(7,329) (53%) 9% |
|
| Gross Profit | 7,544 49% |
6,581 47% 15% |
|
| Operating Expenses: General & Administration Research & Development |
(3,405) (22%) (1,342) (9%) |
(3,238) (23%) 5% (1,283) (9%) 5% |
|
| Operating Income | 2,797 18% |
2,060 15% 36% |
|
| Non-Operating Income (Expenses), net | 232 2% |
279 2% (17%) |
|
| Income (Loss) Before Tax Income Tax |
3,029 20% (648) (5%) |
2,339 17% 29% (449) (3%) 44% |
|
| Net Income | 2,381 15% |
1,890 14% 26% |
|
| Other Comprehensive Income (Losses) | 78 1% |
(250) (2%) n/a |
|
| Comprehensive Income | $ 2,459 16% |
$ 1,640 12% 50% |
|
| Net Income (Losses) Attributable To: Shareholders of the Parent Noncontrolling Interests |
2,324 15% 57 - |
1,854 14% 25% 36 - 58% |
|
| $ 2,381 15% |
$ 1,890 14% 26% |
||
| EPS (Basic) | $ 5.56 | $ 4.48 24% |
|
| EPS (Diluted) | $ 5.51 | $ 4.42 25% |
10
Balance Sheet Highlights & Financial Ratio
==> picture [141 x 48] intentionally omitted <==
| Consolidated (In Million NTD) |
2020. Dec | 2019. Dec | + / - % | |||
|---|---|---|---|---|---|---|
| Balance Sheet Highlights | ||||||
| Cash & Short Term Investments | 4,442 | 3,455 | 29% | |||
| Inventory | 3,028 | 2,665 | 14% | |||
| Short Term Debt | 3,187 | 2,381 | 34% | |||
| Long Term Debt | 2,405 | 2,422 | - 1% | |||
| Shareholders Equity | 16,389 | 14,785 | 11% | |||
| Total Assets | 28,129 | 25,437 | 11% | |||
| Inventory Turnover (Day) | 130 | 127 | ||||
| AR Turnover (Day) | 120 | 133 | ||||
| AP Turnover (Day) | 122 | 129 | ||||
| Net Debt to Equity (%) | 7% | 9% | ||||
| ROE (%) | 15% | 13% | ||||
| ROA (%) | 7% | 8% | ||||
| Cash Position | 2020. A | 2019. A | YoY | |||
| EBITDA | 3,527 | 2,839 | 24% | |||
| Cash Flow from Operation | 2,712 | 1,365 | 99% | |||
| Free Cash Flow | 1,165 | (902) | n/a |
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [9 x 9] intentionally omitted <==
==> picture [9 x 9] intentionally omitted <==
==> picture [9 x 9] intentionally omitted <==
All ROE + ROA has been annualized.
Free Cash Flow = Net Cash Provided by Operating Activities + (Net Cash used by Investing Activities)
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
11
Quarterly Highlights
==> picture [141 x 48] intentionally omitted <==
Sales Revenues Gross Margin Operating Margin
==> picture [31 x 4] intentionally omitted <==
2020.4Q Key Points
-
Sales Revenue: $ 2,421 million, up 1% QoQ, down 6% YoY
-
Gross Margin: 51%
-
Operating Margin: 22%
-
Net Income: NT$ 686 million,
up 18% QoQ, up 14% YoY
-
2020.4Q Highlights:
-
The sales revenues in fourth quarter
is mainly contributed from Turnkey
Solutions
==> picture [449 x 421] intentionally omitted <==
----- Start of picture text -----
2,571
2,421
2,394
2,313
2,053
2,037
1,961
1,541
55% 55% 55%
51% 52% 52% 51%
47%
27%
25% 25%
20% 23% 21% 22%
19%
In Million NTD
----- End of picture text -----
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
2019.1Q 2019.2Q 2019.3Q 2019.4Q 2020.1Q 2020.2Q 2020.3Q 2020.4Q
12
Year 2020.4Q Condensed Income Statement
==> picture [141 x 48] intentionally omitted <==
==> picture [785 x 14] intentionally omitted <==
----- Start of picture text -----
Condensed P&L – Parent Only 2020.4Q % 2020.3Q % QoQ 2019.4Q % YoY
----- End of picture text -----
| 2020.4Q % |
2020.4Q % |
|
|---|---|---|
| (In Million NTD, except for EPS in NTD) | % % |
|
| Net Sales | 2,421 100% |
2,394 100% 1% 2,571 100% (6%) |
| Cost of Goods Sold | (1,184) (49%) |
(1,088) (45%) 9% (1,370) (53%) (14%) |
| Gross Profit | 1,237 51% |
1,306 55% (5%) 1,201 47% 3% |
| Operating Expenses: General & Administration Research & Development |
(365) (15%) (329) (14%) |
(353) (15%) 3% (339) (13%) 8% (307) (13%) 7% (311) (13%) 6% |
| Operating Income | 543 22% |
646 27% (16%) 551 21% (1%) |
| Non-Operating Income (Expenses), net | 275 11% |
50 2% 450% 195 8% 41% |
| Income (Loss) Before Tax | 818 33% |
696 29% 18% 746 29% 10% |
| Income Tax | (132) (5%) |
(113) (5%) 17% (142) (6%) (7%) |
| Net Income | $ 686 28% |
$ 583 24% 18% $ 604 23% 14% |
| Other Comprehensive Income | 105 4% |
47 2% 123% (211) (8%) n/a |
| Comprehensive Income | $ 791 32% |
$ 630 26% 26% $ 393 15% 101% |
| EPS (Basic) | $ 1.64 | $ 1.39 18% $ 1.45 13% |
| EPS (Diluted) | $ 1.62 | $ 1.38 17% $ 1.43 13% |
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [10 x 9] intentionally omitted <==
100% owned subsidiaries’ income - New Material: - , MAS: 27m (YoY ↓ 45%),
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
13
Year 2020 Condensed Income Statement
==> picture [141 x 48] intentionally omitted <==
==> picture [723 x 22] intentionally omitted <==
----- Start of picture text -----
2020 % 2019 % YoY
Condensed P&L – Parent Only
----- End of picture text -----
| ome Statement | ome Statement | |
|---|---|---|
| 2020 % |
||
| (In Million NTD, except for EPS in NTD) | % | |
| Net Sales | 9,180 100% |
8,111 100% 13% |
| Cost of Goods Sold | (4,313) (47%) |
(4,018) (50%) 7% |
| Gross Profit | 4,867 53% |
4,093 50% 19% |
| Operating Expenses: Selling and General & Administration Research & Development |
(1,390) (15%) (1,217) (13%) |
(1,231) (15%) 13% (1,172) (14%) 4% |
| Operating Income | 2,260 25% |
1,690 21% 34% |
| Non-Operating Income (Expenses), net | 535 5% |
460 6% 16% |
| Income (Loss) Before Tax | 2,795 30% |
2,150 27% 30% |
| Income Tax | (471) (5%) |
(296) (4%) 59% |
| Net Income | $ 2,324 25% |
$ 1,854 23% 25% |
| Other Comprehensive Income | 89 1% |
(246) (3%) n/a |
| Comprehensive Income | $ 2,413 26% |
$ 1,608 20% 50% |
| EPS (Basic) | $ 5.56 | $ 4.48 24% |
| EPS (Diluted) | $ 5.51 | $ 4.42 25% |
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [10 x 9] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
Non-operating Income included 100% owned subsidiaries’ income - New Material: 20m (YoY ↓ 31%), MAS: (136m).
14
Balance Sheet Highlights & Financial Ratio
==> picture [141 x 48] intentionally omitted <==
| Parent Only (In Million NTD) |
2020. Dec | 2019. Dec | + / - % | |||
|---|---|---|---|---|---|---|
| Balance Sheet Highlights | ||||||
| Cash & Short Term Investment | 902 | 459 | 97% | |||
| Inventory | 2,331 | 2,026 | 15% | |||
| Short Term Debt | 2,420 | 1,615 | 50% | |||
| Long Term Debt | 2,230 | 2,285 | - 2% | |||
| Shareholders Equity | 16,063 | 14,489 | 11% | |||
| Total Assets | 24,406 | 21,803 | 12% | |||
| Inventory Turnover (Day) | 184 | 178 | ||||
| AR Turnover (Day) | 106 | 123 | ||||
| AP Turnover (Day) | 96 | 102 | ||||
| Net Debt to Equity (%) | 23% | 24% | ||||
| ROE (%) | 15% | 13% | ||||
| ROA (%) | 10% | 9% | ||||
| Cash Position | 2020. A | 2019.A | YoY | |||
| EBITDA | 3,053 | 2,400 | 27% | |||
| Cash Flow from Operation | 2,049 | 1,537 | 33% | |||
| Free Cash Flow | 606 | (218) | n/a |
==> picture [9 x 9] intentionally omitted <==
All ROE + ROA has been annualized.
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [9 x 9] intentionally omitted <==
==> picture [9 x 9] intentionally omitted <==
Free Cash Flow = Net Cash Provided by Operating Activities + (Net Cash used by Investing Activities)
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
15
OPERATION HIGHLIGHT
==> picture [15 x 439] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
16
2020 Product Mix and Consolidated Sales Breakdown
==> picture [141 x 48] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [46 x 80] intentionally omitted <==
| ated Sales Breakdown | ated Sales Breakdown | |
|---|---|---|
| (Unit: Million NTD) | 2020 % YoY |
2019 % |
| Test Instruments & Automatic Testing System (ATS) | 4,849 53% 5% |
4,605 57% |
| Semiconductor / Photonics Test Solutions | 3,025 33% 31% |
2,311 28% |
| Turnkey Solutions | 456 5% (28%) |
632 8% |
| Service & Others | 850 9% 51% |
563 7% |
| Total of Parent Company Sales | 9,180 100% 13% |
8,111 100% |
| + Sales from Overseas Operations & Related Subsidiaries |
2,865 18% |
2,435 |
| Chroma Consolidated Testing Equipment Business MAS New Material Other Subsidiaries |
12,045 78% 14% 618 4% (39%) 2,551 16% 22% 318 2% 23% |
10,546 76% 1,009 7% 2,097 15% 258 2% |
| Consolidated Sales | 15,532 100% 12% |
13,910 100% |
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
17
Year 2021 Guidance
==> picture [141 x 48] intentionally omitted <==
==> picture [11 x 12] intentionally omitted <==
In Year 2020, Chroma total consolidated sales revenues reached 15.5 billion NTD, presented a growth of 12% YoY. The Parent Company sales revenues hit historical record high reached 9.2 billion, presented a growth of 13% YoY, mainly contributed from Semiconductor / Photonics testing solutions which increased by 31% compared to year 2019.
==> picture [11 x 12] intentionally omitted <==
2021 Business Outlook:
-
ü Continue to see strong demand for Semiconductors / Photonics testing solutions, which is driven by global semiconductor chip shortage and development of 5G-related and high performance chip (HPC) applications. Key drivers are:
-
High Reliability Testing Solutions : Burn-in Test, SLT Test with thermal control
-
Wireless RF and MCU testing solutions
-
CIS / VCSEL / ToF testing solutions
-
Semiconductor inspection and metrology solutions
-
ü The Test Instruments & ATS for power testing solutions continues benefit from green energy, included EV related components, battery cell / module / pack and smart-grid and 5G / Server related power testing.
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
18
TECHNOLOGY
Semiconductor Test Solution
==> picture [141 x 48] intentionally omitted <==
==> picture [941 x 462] intentionally omitted <==
----- Start of picture text -----
Fast & Reliable Operation Fast & Reliable Operation
IC • Multi-sites: 32 Sites • Multi-sites: 32 Sites
Testing Handler • High Temperature: ~170℃±2 ℃ • High Temperature: ~150℃±2 ℃
• UPH: Up to 10K • Light Source + Tester Integration
2H, ‘20 2021
MARKET
CIS, ASIC
ASIC Test Turnkey Handler CIS Test Turnkey Handler
3180-AS 3180-IS
SOLUTION
----- End of picture text -----
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
19
CMOS Imager Sensor Test Solution
==> picture [141 x 48] intentionally omitted <==
CMOS Image Sensor 32 site CP Test
CMOS Image Sensor FT Test
-
ü High pixel, high resolution sensors
-
ü Wafer level packaging
==> picture [169 x 135] intentionally omitted <==
-
ü 32-site direct mount test
-
ü Based on 3380 VLSI Test System ü Integrated CRAFT Software
-
ü High pixel, high resolution sensors
-
ü Packaged sensors
==> picture [138 x 144] intentionally omitted <==
-
ü Flexible # of parallel test sites
-
ü Based on 3300 PXIe platform ü Integrated CRAFT Software
CMOS Image Sensor 8 site CP Test
CMOS Image Sensor FT Test with SLT Handler
-
ü Surveillance, <10M pixel sensors
-
ü Wafer level sampling test
-
ü 4-8 site cable mount test
-
ü Based on 3380 VLSI Test System ü Integrated CRAFT Software
==> picture [133 x 153] intentionally omitted <==
-
ü Surveillance, <10M pixel sensors ü Packaged sensors
-
ü 6-12 site parallel test
-
ü Based on 3300 PXIe platform ü Integrated CRAFT Software
==> picture [195 x 107] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
20
TECHNOLOGY
Photonics Test Solution
==> picture [141 x 48] intentionally omitted <==
==> picture [941 x 467] intentionally omitted <==
----- Start of picture text -----
Photonics Wafer Tester High Voltage SMU
• LIV & NF 2-in-1 test with one probe mark • High Voltage Source: Up to 80V DC
• Measureable Optical Power Range: 1mW~5W • Measurement Accuracy : 0.02uA
• Throughput: 2300UPH • DUT Protection: Spike Free
Photonics Testing
Photonics Module Tester
•
Max. 4 different optical heads
•
Measureable Optical Power Range: 1uW~20W
•
Wavelength Resolution: 0.05nm
2H, ‘20 2021
MARKET
3D Sensing, LiDAR, Optical Fiber Communication
Photonics Device Probing LIV &
NF Test System
58635-LN PD/APD Burn-in & Reliability
Test System
Photonics Module Semi-
58606
Automatic Test System
SOLUTION
58625
----- End of picture text -----
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
21
TECHNOLOGY
Semiconductor Inspection & Metrology Solution
==> picture [141 x 48] intentionally omitted <==
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
2D/3D/2D+3D Metrology • XY / Z Resolution: 30nm / 0.05nm • Sensor: Optical & WLI dual modules with auto switch • Light Source: Multiple Light Sources Advanced Packaging Particle Inspection Chemical Overflow Inspection Inspection • Particles: >50um • Overflow: > 500um • Sensor: AOI modules • Residue: > 1mm*1mm • Light Source: Customized Light Source • Light Source: Customized Light Source 2H, ‘20 2021 MARKET Advanced Packaging Industry 2D/3D Critical Dimension Metrology 7980 Process Particle In-situ Inspection Chemical Overflow In-situ Inspection 7961 7961 SOLUTION
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
22
AOI for Advanced Packaging
==> picture [141 x 48] intentionally omitted <==
==> picture [139 x 123] intentionally omitted <==
Measurement
-
ü Critical Dimension
-
ü TSV
-
ü Overlay
ü Film Thickness
==> picture [149 x 95] intentionally omitted <==
Process In-situ Inspection
-
ü SAW Particle
-
ü Underfill Glue Residue
-
ü Flux Particle
-
ü Trim Particle
-
ü Mount Particle
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
Source: tsmc Website
3DFabric! for HPC - Taiwan Semiconductor Manufacturing Company Limited (tsmc.com)
-
ü Plating Chemical Residue
-
ü Grinding Tape Residue
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
23
Test Instruments & ATS
==> picture [141 x 48] intentionally omitted <==
==> picture [941 x 462] intentionally omitted <==
----- Start of picture text -----
Two-quadrant Operation Regenerative Simulator
Power Testing • Bidirectional: Source & Load • High Voltage: 800VLN/105kVA
• Power: 0~100V, 0-540A, 6kW-18kW • Universal AC Input : 200Vac~480Vac
• Load Changed +90%~ -90%, <4ms • 100% Regenerative Capability
Power HIL Test
Electric Propulsion • Integrated with AC/DC source & load
Testing • EVSE simulator for OBC/DC-DC
• ISO-26262 Compatible
2H, ‘20 2021
MARKET 48V-MHEV EV Power Electronics, Green Energy (PV,ESS, PCS, Battery/Fuel Cell), Battery Storage, Micro Grid
Bidirectional DC Power Supply
62180D-100
OBC & DC-DC Converter Power HIL Testbed Regenerative Grid Simulator
8620 61800-100HV
SOLUTION
----- End of picture text -----
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
24
TECHNOLOGY
Test Instruments & ATS
==> picture [141 x 48] intentionally omitted <==
==> picture [941 x 472] intentionally omitted <==
----- Start of picture text -----
Multiple Test Applications Multiple Test Applications
Electrical Safety • Voltage: 1~1000V, 1mA~50mA • Partial discharge detection range: 1 pC ~ 2000 pC
Testing ü ü
Jelly-roll Insulation Test Photo-Coupler/Digital Isolators PD Test
ü MLCC Flash Test & BDV Test ü HV Relay/Transformer PDIV Test
ü Power transistors ü Power Semiconductors Safety Test
Independent 8K Graphics Core
HDMI 2.1: FRL / DSC/ HDCP 2.3 / HEVC
Video Testing
USB-C: DP 1.4 Alt Mode / PD 3.0
8K x 4K@60Hz
2H, ‘20 2021
MARKET
IGBT/MOSFET Power IC, Gate Driver Transformer
EV, ESS, MLCC, Power Resistors Display
HV Relay, Photo-coupler, Digital Isolators
8K Video Pattern Generator
Insulation Tester Partial Discharge Tester
2238
11210 19501-K
SOLUTION
HDMI 2.1 / USB-C
----- End of picture text -----
==> picture [193 x 5] intentionally omitted <==
25
Turnkey Solution
TECHNOLOGY
==> picture [141 x 48] intentionally omitted <==
Automation Formation System Application • Capacity: 15PPM • Battery Type: Prismatic Cell Battery Cell • OCV/ACIR: Alternative measurement Formation • Formation: 5V,120A, Vacuuming function • DCIR: 5V, 450A Charging System • Grading: 5V,160A, Cabinet with Temp. control • Logistic: Crane / Conveyor / Sorter 2H, ‘20 2021 MARKET Battery Cell Formation System with Grading System Automation: OCV/ACIR DCIR 17000-K03X SOLUTION
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
26
==> picture [8 x 8] intentionally omitted <==
==> picture [8 x 8] intentionally omitted <==
==> picture [8 x 8] intentionally omitted <==
==> picture [11 x 10] intentionally omitted <==
==> picture [11 x 10] intentionally omitted <==
==> picture [12 x 12] intentionally omitted <==
==> picture [12 x 12] intentionally omitted <==
==> picture [12 x 12] intentionally omitted <==
==> picture [130 x 36] intentionally omitted <==
Semiconductor In-line Nanoparticle Monitoring System
==> picture [141 x 48] intentionally omitted <==
==> picture [955 x 458] intentionally omitted <==
----- Start of picture text -----
Monitoring Materials
SuperSizer [TM] Series
The Unprecedented Yield Enhancer in theNanometer Range
Slurry NH4OH
IPA
(High Purity PGMEA &
H202
Liquid PGME
Chemicals)
Isobutyl
H2SO4
Propionate
HCI HF
Butyl
Acetate
Core Technology
SuperSizerTM V SuperSizerTM VI
Aerosol Measurement Technology
Resolution
Semi S2 certified Semi S2 certified
Target ~1nm@20nm
TS explosion-proof certified For H2O2 /UPW
(at 20nm, the scale gap is around 1nm)
Particles (hard particles)
For IPA/Organics
Impurities (soft particles) Report
US Pat. No 10545082B2 TW Pat. No I583439B Advantage Particle Size Distribution
Total Count
US Pat. No 9625365B2 TW Pat. No I549745B No Bubble Interference
----- End of picture text -----
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
27
www.chromaate.com
==> picture [141 x 48] intentionally omitted <==
Keep going beyond Thank You !
==> picture [31 x 4] intentionally omitted <==
==> picture [53 x 5] intentionally omitted <==
==> picture [84 x 5] intentionally omitted <==
==> picture [121 x 5] intentionally omitted <==
==> picture [193 x 5] intentionally omitted <==
Copyright © 2018 Chroma ATE Inc. All rights reserved.
28