CHROMA — Call Transcript 2023

Feb 4, 2023

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2022.4Q Earnings Conference

Paul Ying, CFO Leo Huang, Chairman & CEO

23[rd] February, 2023

1

Disclaimer

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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.

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2

Agenda

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• Corporate Profile • Financial Review • Operation Highlights • Q&A

3

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CORPORATE

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PROFILE

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4

Consolidated Chroma Ate Sales Others

Corporate Profile

• Chroma Group founded in 1984, a world leading own

brand and design of high precision test & measurement instruments, automated test systems, intelligent manufacturing systems and test & automation turnkey solutions provider. Businesses cover test and

measurement instruments and ATS for electronics, ICT and cleantech various industries.

• Key success: Precision, Reliability, Innovation

• Chroma group consolidated business units of Chroma Ate Inc., Modular Assembly System (MAS).

• 2022 Consolidated Sales : NT$ 22.1 billion

• 2022 Net Income: NT$ 5.1 billion

• Chroma Group total of 3,379 employees (as of December,

2022)

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Consolidated MAS Sales

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Consolidated CNMC Sales
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22,067
4%
3%
17,584
16,931
4%
15,532
13,910
4%
16%
29%
7% 16%
15%
12%
57% 76% 78% 77% 92%
2018 2019 2020 2021 2022
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* Chroma New Material Corp. discontinued operation at end of March, 2022.

5

Financial Performance

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Consolidated Sales Consolidated Sales
Gross Margin
22,067
17,584
16,931
15,532
52%
49%
13,910 48%
44%
47%
2018 2019 2020 2021 2022
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Parent Only
Sales Revenues Gross Margin
R&D Expenses
R&D Expenses in % of Sales Revenues
13,461
53% 53%
52%
51% 52%
10,308
9,180
8,111
7,547
Chroma Employees ： 1,964  (R&D 36%)
15%
14%
13% 13%
12%
1,143 1,172 1,216 1,351 1,639
2018 2019 2020 2021 2022
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6

Financial Performance

ROE

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25%
24%
18%
15%
13%
2018 2019 2020 2021 2022
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Dividend

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Basic EPS Cash dividend
Payout ratio
12.14
9.96
8.00
7.00
6.22
5.56
4.48
4.50
4.20
3.01
2018 2019 2020 2021 2022
Dividend in 2022 will be paid out after resolution of AGM
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7

Global Operation Sites

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1999 2017
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2008 2018 1993 2001
Japan: Korea: United States: United States:
Shin-Yokohama/ Pangyo Irvine, CA Foothill Ranch, CA
Osaka Milpitas, CA Marlborough, MA
Redmond, WA Detroit, MI
Chandler, AZ Mexico：
Austin, TX Ciudad Juarez
Sherman, TX Brazil：
Allentown, PA Porto Alegre
Albany, NY
2003 2009
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52 109

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1998 1999 2000 2001 2003 2009
China/ Shenzhen China/ Beijing China/ Shanghai China/ Dongguan Taiwan: Taoyuan (Headquarters) Taiwan: Hsinchu Taiwan: Kaohsiung
2006 2011 2016
Others:
India: New Delhi/ Mumbai/ Bangalore/Pune
Thailand: Bangkok
Vietnam: Hanoi/ Ho Chi Minh
Malaysia: Kuala Lumpur/ Penang
China/ Suzhou China/ Xiamen Quantel：Singapore Philippines: Manila/ Cebu
Indonesia: Jakartar
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FINANCIAL REVIEW

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9

	Year 2022 Condensed Consolidated Income Statement Condensed Consolidated P&L (In Million NTD, except for EPS in NTD) 2022 % 2021 % YoY % Net Sales 22,067 100% 17,584 100% 25% Consolidated Sales of Testing Equipment Business 20,269 92% 13,555 77% 50% Consolidated Sales of MAS 830 4% 780 4% 6% Consolidated Sales of New Material 635 3% 2,804 16% (77%) Others 333 1% 445 3% (25%) Cost of Goods Sold (10,710) (48%) (9,134) (52%) 17% Gross Profit 11,357 52% 8,450 48% 34% Operating Expenses: General & Administration (4,401) (20%) (3,864) (22%) 14% Research & Development (1,917) (9%) (1,511) (9%) 27% Operating Income 5,039 23% 3,075 17% 64% Non-Operating Income (Expenses), net 1,402 6% 2,209 13% (37%) Income (Loss) Before Tax 6,441 29% 5,284 30% 22% Income Tax (1,219) (5%) (979) (6%) 25% Net Income 5,222 24% 4,305 24% 21% Other Comprehensive Income (Losses) 489 2% 106 1% n/a Comprehensive Income $ 5,711 26% $ 4,411 25% 29% Net Income (Losses) Attributable To: Shareholders of the Parent 5,106 23% 4,179 24% 22% Noncontrolling Interests 116 1% 126 1% (8%) $ 5,222 24% $ 4,305 25% 21% EPS (Basic) $ 12.14 $ 9.96 22% EPS (Diluted) $ 12.00 $ 9.89 21% 10	Year 2022 Condensed Consolidated Income Statement Condensed Consolidated P&L (In Million NTD, except for EPS in NTD) 2022 % 2021 % YoY % Net Sales 22,067 100% 17,584 100% 25% Consolidated Sales of Testing Equipment Business 20,269 92% 13,555 77% 50% Consolidated Sales of MAS 830 4% 780 4% 6% Consolidated Sales of New Material 635 3% 2,804 16% (77%) Others 333 1% 445 3% (25%) Cost of Goods Sold (10,710) (48%) (9,134) (52%) 17% Gross Profit 11,357 52% 8,450 48% 34% Operating Expenses: General & Administration (4,401) (20%) (3,864) (22%) 14% Research & Development (1,917) (9%) (1,511) (9%) 27% Operating Income 5,039 23% 3,075 17% 64% Non-Operating Income (Expenses), net 1,402 6% 2,209 13% (37%) Income (Loss) Before Tax 6,441 29% 5,284 30% 22% Income Tax (1,219) (5%) (979) (6%) 25% Net Income 5,222 24% 4,305 24% 21% Other Comprehensive Income (Losses) 489 2% 106 1% n/a Comprehensive Income $ 5,711 26% $ 4,411 25% 29% Net Income (Losses) Attributable To: Shareholders of the Parent 5,106 23% 4,179 24% 22% Noncontrolling Interests 116 1% 126 1% (8%) $ 5,222 24% $ 4,305 25% 21% EPS (Basic) $ 12.14 $ 9.96 22% EPS (Diluted) $ 12.00 $ 9.89 21% 10	Year 2022 Condensed Consolidated Income Statement Condensed Consolidated P&L (In Million NTD, except for EPS in NTD) 2022 % 2021 % YoY % Net Sales 22,067 100% 17,584 100% 25% Consolidated Sales of Testing Equipment Business 20,269 92% 13,555 77% 50% Consolidated Sales of MAS 830 4% 780 4% 6% Consolidated Sales of New Material 635 3% 2,804 16% (77%) Others 333 1% 445 3% (25%) Cost of Goods Sold (10,710) (48%) (9,134) (52%) 17% Gross Profit 11,357 52% 8,450 48% 34% Operating Expenses: General & Administration (4,401) (20%) (3,864) (22%) 14% Research & Development (1,917) (9%) (1,511) (9%) 27% Operating Income 5,039 23% 3,075 17% 64% Non-Operating Income (Expenses), net 1,402 6% 2,209 13% (37%) Income (Loss) Before Tax 6,441 29% 5,284 30% 22% Income Tax (1,219) (5%) (979) (6%) 25% Net Income 5,222 24% 4,305 24% 21% Other Comprehensive Income (Losses) 489 2% 106 1% n/a Comprehensive Income $ 5,711 26% $ 4,411 25% 29% Net Income (Losses) Attributable To: Shareholders of the Parent 5,106 23% 4,179 24% 22% Noncontrolling Interests 116 1% 126 1% (8%) $ 5,222 24% $ 4,305 25% 21% EPS (Basic) $ 12.14 $ 9.96 22% EPS (Diluted) $ 12.00 $ 9.89 21% 10
			2022 %
	Net Sales		22,067 100%
	Consolidated Sales of Testing Equipment Business		20,269 92%
	Consolidated Sales of MAS		830 4%
	Consolidated Sales of New Material		635 3%
	Others		333 1%
	Cost of Goods Sold		(10,710) (48%)
	Gross Profit		11,357 52%
	Operating Expenses: General & Administration Research & Development		(4,401) (20%) (1,917) (9%)
	Operating Income		5,039 23%
	Non-Operating Income (Expenses), net		1,402 6%
	Income (Loss) Before Tax Income Tax		6,441 29% (1,219) (5%)
	Net Income		5,222 24%
	Other Comprehensive Income (Losses)		489 2%
	Comprehensive Income		$ 5,711 26%
	Net Income (Losses) Attributable To: Shareholders of the Parent Noncontrolling Interests		5,106 23% 116 1%
			$ 5,222 24%
	EPS (Basic)		$ 12.14
	EPS (Diluted)		$ 12.00

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Year 2022.4Q Condensed Consolidated Income Statement
Condensed Consolidated P&L 2022.4Q % 2022.3Q % QoQ % 2021.4Q % YoY %
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	Condensed Consolidated P&L	2022.4Q %	2022.3Q % QoQ % 2021.4Q % YoY %
	(In Million NTD, except for EPS in NTD)
	Net Sales	6,074 100%	6,660 100% (9%) 4,589 100% 32%
	Consolidated Sales of Testing Equipment Business	5,810 96%	6,341 95% (8%) 3,535 77% 64%
	Consolidated Sales of MAS	188 3%	233 4% (19%) 271 6% (31%)
	Consolidated Sales of New Material	0 0%	0 0% n/a 665 14% n/a
	Others	76 1%	86 1% (12%) 118 3% (36%)
	Cost of Goods Sold	(3,300) (54%)	(3,163) (47%) 4% (2,456) (54%) 34%
	Gross Profit	2,774 46%	3,497 53% (21%) 2,133 46% 30%
	Operating Expenses: General & Administration Research & Development	(1,170) (19%) (549) (10%)	(1,192) (18%) (2%) (994) (21%) 18% (524) (8%) 5% (408) (9%) 35%
	Operating Income	1,055 17%	1,781 27% (41%) 731 16% 44%
	Non-Operating Income (Expenses), net	65 1%	475 7% (86%) 163 3% (60%)
	Income (Loss) Before Tax Income Tax	1,120 18% (206) (3%)	2,256 34% (50%) 894 19% 25% (491) (7%) (58%) (179) (3%) 15%
	Net Income	914 15%	1,765 27% (48%) 715 16% 28%
	Other Comprehensive Income (Losses)	(190) (3%)	229 3% n/a 69 1% n/a
	Comprehensive Income	$ 724 12%	$ 1,994 30% (64%) $ 784 17% (8%)
	Net Income (Losses) Attributable To: Shareholders of the Parent Noncontrolling Interests	863 14% 51 1%	1,731 26% (50%) 658 15% 31% 34 1% 50% 57 1% (11%)
		$ 914 15%	$ 1,765 27% (48%) $ 715 16% 28%
	EPS (Basic)	$ 2.05	$ 4.11 (50%) $ 1.57 31%
	EPS (Diluted)	$ 2.00	$ 4.07 (51%) $ 1.55 29%

Balance Sheet Highlights & Financial Ratio

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Consolidated (In Million NTD) Balance Sheet Highlights Cash & Short Term Investments Inventory Short Term Debt Long Term Debt Shareholders Equity	2022. Dec 2021. Dec + / - % 6,685 4,765 40% 4,753 3,916 21% 2,024 2,114 - 4% 1,165 1,447 - 19% 21,873 18,947 15%
Total Assets	33,828 29,546 14%
Inventory Turnover (Day) AR Turnover (Day) AP Turnover (Day) Net Debt to Equity (%)	148 139 72 98 101 114 Net Cash Net Cash
ROE (%)	25% 24%
ROA (%)	16% 15%
Cash Position EBITDA Cash Flow from Operation	2022 2021 YoY 7,180 5,923 21% 5,297 2,592 104%
Free Cash Flow	6,198 4,329 43%

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All ROE + ROA has been annualized.

Free Cash Flow = Net Cash Provided by Operating Activities + (Net Cash used by Investing Activities)

12

Quarterly Highlights

2022.4Q Key Points

• Sales Revenue: $ 2,704 million,

down 35% QoQ, up 12% YoY

• Gross Margin: 54%

• Operating Margin: 17%

• Net Income: NT$ 863 million,

down 50% QoQ, up 31% YoY

• 2022.4Q Highlights:

• The fourth quarter sales revenues were

mainly contributed from Test

Instruments & ATS, which presented a

growth of 24% YoY.

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Sales Revenues Gross Margin
Operating Margin
4,170
3,720
2,867
2,704
2,774
2,666
2,449 2,419
53% 54% 54% 54%
52% 51%
51%
48%
29%
28%
26% 25% 25%
22% 17%
18%
2021.1Q 2021.2Q 2021.3Q 2021.4Q 2022.1Q 2022.2Q 2022.3Q 2022.4Q
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13

Year 2022 Condensed Income Statement

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2022 % 2021 % YoY
Condensed P&L – Parent Only
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	come Statement	come Statement
	2022 %
(In Million NTD, except for EPS in NTD)		%
Net Sales	13,461 100%	10,308 100% 31%
Cost of Goods Sold	(6,468) (48%)	(4,890) (47%) 32%
Gross Profit	6,993 52%	5,418 53% 29%
Operating Expenses: Selling and General & Administration Research & Development	(2,013) (15%) (1,639) (12%)	(1,621) (16%) 24% (1,351) (13%) 21%
Operating Income	3,341 25%	2,446 24% 37%
Non-Operating Income (Expenses), net	2,559 19%	2,499 24% 2%
Income (Loss) Before Tax	5,900 44%	4,945 48% 19%
Income Tax	(794) (6%)	(766) (7%) 4%
Net Income	$ 5,106 38%	$ 4,179 41% 22%
Other Comprehensive Income	458 3%	115 1% 298%
Comprehensive Income	$ 5,564 41%	$ 4,294 42% 30%
EPS (Basic)	$ 12.14	$ 9.96 22%
EPS (Diluted)	$ 12.00	$ 9.89 21%

100% owned subsidiaries’ income - MAS: NTD 411m.

14

Balance Sheet Highlights & Financial Ratio

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	Parent Only (In Million NTD) Balance Sheet Highlights Cash & Short Term Investment Inventory Short Term Debt Long Term Debt Shareholders Equity	2022. Dec 2021. Dec + / - % 2,929 1,274 30% 3,370 2,989 13% 1,500 1,400 7% 950 1,250 - 24% 21,361 18,514 15%	2022. Dec 2021. Dec + / - % 2,929 1,274 30% 3,370 2,989 13% 1,500 1,400 7% 950 1,250 - 24% 21,361 18,514 15%
	Total Assets		29,233 25,369 15%
	Inventory Turnover (Day) AR Turnover (Day) AP Turnover (Day) Net Debt to Equity (%)		179 199 79 89 85 95 Net Cash 8%
	ROE (%)		26% 24%
	ROA (%)		19% 17%
	Cash Position EBITDA Cash Flow from Operation	2022 6,396 3,591	2021 YoY 5,342 20% 2,030 77%
	Free Cash Flow	4,941	4,357 13%

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All ROE + ROA has been annualized.

Free Cash Flow = Net Cash Provided by Operating Activities + (Net Cash used by Investing Activities)

15

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OPERATION

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HIGHLIGHT

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16

2022.4Q & Annual Product Mix and Consolidated Sales Breakdown

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		(Unit: Million NTD)	2022.4Q % QoQ YoY 2022 % YoY	2022.4Q % QoQ YoY 2022 % YoY
		Test Instruments & Automatic Testing System (ATS)	1,846 68% (9%) 24% 7,052 52% 27%	5,531 54%
		Semiconductor / Photonics Test Solutions	541 20% (67%) (34%) 4,523 34% 26%	3,589 35%
		Turnkey Solutions	65 3% 10% (13%) 578 4% 67%	347 3%
		Service & Others	252 9% (41%) n/a 1,308 10% 56%	841 8%
		Total of Parent Company Sales	2,704 100% (35%) 12% 13,461 100% 31%	10,308 100%
		+ Sales from Overseas Operations & Related Subsidiaries	3,106 43% 178% 6,808 110%	3,247
		Chroma Consolidated Testing Equipment Business	5,810 96% (8%) 64% 20,269 92% 50%	13,555 77%
		MAS Other Subsidiaries	188 3% (19%) (31%) 830 4% 6% 76 1% (12%) (36%) 333 1% (25%)
		Consolidated Sales (Continued Business Units)	6,074 100% (9%) 55% 21,432 97% 45%
			0 - n/a n/a 635 3% (77%) 6,074 100% (9%) 32% 22,067 100% 25%

Year 2023 Guidance

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In year 2022, Chroma total consolidated sales revenues hit record high reached 22 billion NTD, presented a growth of 25% YoY. The consolidated testing equipment business was the major growth driver, presented a growth of 50%. The Parent Company sales also hit record high reached 13.5 billion, consecutively second year of double digits growth, increase of 31% YoY, mainly contributed from EV and HPC / Semiconductor

industries.

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Year 2023 Business Outlook:

✓ EV industry remained strong, the EV battery cell projects still the major contribution in 2023.

✓ The Test Instruments & ATS for power testing solutions continues benefit from green energy industries, included EV / Energy Storage related components, battery cell / module / pack and micro-grid related power testing.

✓ Conservative view on Semiconductors / Photonics sectors, expects demand to pick up in second half.

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Testing Solutions

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High Power High Precision
✓ Semiconductor/IC
✓ EV/EVSE ✓ Photonics
✓ AOI
✓ Power Electronics ✓ Battery
Passive Component
✓
& Electrical Safety
✓ Photovoltaic
✓ FPD/Video & Color
✓ LED ✓ Thermoelectric
✓ Automation
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Technology & Solution Milestones High Power Test Solutions

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High Power Test Solution – Electric Vehicle Supply Equipment

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EVSE ATS

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….
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• ✓ 61512 AC Source : 18kVA max./set ✓ 61860 Grid Simulator : 60kVA max./set

• ✓ 63800 AC Load : 4.5kVA max./set

• ✓ 63200A/E DC Load : 24kW max./set

• ✓ Meet full SAE-J1772 test standard

• ✓ Test AC & DC EVSE in same ATS

• ✓ 17040 Battery Simulator : 60kW max./set -> 600kW max

• ✓ Test DC EVSE & Battery Pack in same ATS

• ✓ 61800-100 Grid Simulator : 105kVA max./set

• ✓ 17040 Battery Simulator : 360kW2ch or 180kW4ch

• ✓ Test Max. 720kW High Power DC EVSE

• ✓ 17040E Battery Simulator : 200kW /set -> 1.2MW max for higher power DC EVSE test capability.

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2011 2015
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AC EVSE : 19.2kVA DC EVSE : 50kW
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2022
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2018
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DC EVSE : 250kW DC EVSE : 360kW
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….
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EVSE

High Power Test Solution – Battery Cell Formation

Cylindrical Solution

Prismatic Solution

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Battery Cell Formation Battery Cell Formation Model 17000C-384 Model 17000-K007 5V, 15A 5V, 60A 2015 2016 2017

2019

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Prismatic Solution

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Battery Cell Formation Model 17000-K029 5V, 240A 2021 2023

Battery Cell Formation Model 17000-480 5V, 20A

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Prismatic Solution

Battery Cell Formation Model 17000-K015 5V, 60A

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Pouch Solution

Composite Battery Cell Formation Model 17080 5V, 30A

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Cylindrical Solution

Battery Cell

High Power & High Precision Test Solutions – Battery Cell

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18650 Cell Test Solution

xEV Cell Solution

xEV Cell Test Solution

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High precision CDC

Prog. Charge/Discharge Tester Model 17216M-10-6

5V, 6A

2015 2019

Energy regen CDC Prog. Charge/Discharge Tester Model 17212M-6-100S 6V, 100A 5V, 12A 2021 2022 2023

Ultra-high precision CDC

High Precision Prog. Charge/Discharge Tester Model 17208M-5-12C 5V, 12A

21700 Cell Test Solution

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High power CDC

Prog. Charge/Discharge Tester Model 17208M-6-60 6V, 60A

High Power xEV Cell Test Solution

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High power CDC with energy regen Battery Reliability Test System Model 17010H 6V, 300A, 600A (peak current)

Battery Cell/Module/Pack

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High Power Test Solution – Battery Module/Pack Test System

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Test Solution for

Test Solution for

E-bike, E-Scooter, BBU, Hybrid E-vehicle Battery Pack and Lead-acid Battery

E-Scooter Battery pack

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E-vehicle Battery Module

• Regenerative Battery Pack Test Solution Model 17020E

• Regenerative Battery Pack Test Solution Model 17020

  • 10kW200V

• 10kW60V

• 600W60V • 1.25kW60V

  • 10kW100V

• 1.25kW20V • 2.5kW60V

• 2.5kW100V

• 2.5kW200V

New Generation Developing 2021 2022 2023

• 2.5kW500V

2010 2015 2020

Test Solution for E-vehicle Battery Pack

• Regenerative Battery Pack Test Solution Model 17040

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• 60kW 1000V 150A

• 120kW 1000V 300A

• 180kW 1000V 450A

• 250kW 1000V 600A

Test Solution for E-vehicle, ESS Battery Pack

• Regenerative Battery Pack Test Solution Model 17040

• 300kW 1000V 750A

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• 360kW 1000V 900A

• 500kW 1000V 1200A

• 600kW 1000V 1500A

Test Solution for

E-vehicle, ESS Battery Pack

• Regenerative Battery Pack Test Solution Model 17040E

• 200kW 1700V 400A

• 200kW 850V 800A

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Battery Module/ Pack

High Power Test Solution – Power Electronics Test Solution

Unidirectional DC Source

Bidirectional DC Source

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DC Power Source with Solar array simulator Power rating : 5-15kW/3UH, Eff:87% Model 62000H Series 40V-1000V, 375A

Bidirectional: Source & Load with energy regen 15kW/3UH, Eff:87%/3UH, Eff:87%Eff:87% High Power Density: 6-18kW/3UH, Eff:92% 1000V, 375A Model 62000D Series 100V-1800V, 540A 2015 2019 2021 2022 2023

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Regenerative Grid Simulator

High power AC source with energy regen Optional regen AC Load Parallel up to 300kVA Model 61800 Series 30kVA-60kVA, 400VLN

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Regenerative Grid Simulator

High power AC source with energy regen Optional regen AC Load Parallel up to 1MVA Model 61800-100HV 105kVA, 500VLN-800VLN

Server PSU, BBU Testing & EV Power Electronics, Green Energy (PV,ESS, PCS, Battery/Fuel Cell), Battery Storage

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Technology & Solution Milestones High Precision Test Solutions

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High Precision Test Solution Milestones – Semiconductor ATE

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3650-S2

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VI45 PVI100 ASO MPVI HVVI HDDPS2
768pin
12 slots
15KVA
Floating
 45V  100V 24bit 40A pulse  750V  24V LB electronics
32ch VI 8ch VI 8ch 2ch 4ch 64ch Mechanical
ADDA VI VI VI-like
2012 2014 2016 2020 2022 2023
LPC128 HCDPS HDVI
3680
Chroma ASIC 32A
1Gbps 4ch 2048 pin SoC Test
512MW 1Gbps Pattern Rate
128ch 512A High Current
-40-70V
HDAVO 2048 Parallel Sites Testing
32ch
VI
HR/HS mode
AWG/DIG
8ch
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Analog/Power ICs

High Precision Test Solution Milestones - IC Test & Handler Solution

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Precision

Temperature-forcing Systems

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✓ 40℃~ 150℃ ​@Tc ✓ -40℃~ 150℃ ​@Tc ✓ -70℃~ 150℃ ​@Tc
✓ Up to 1.2 kW power ✓ Up to 1.8 kW power ✓ Up to 800W power
dissipation dissipation dissipation
2021 2022
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≦ ± 0.01mm Contact Level
Deviation of ≦ ± 1.75 °
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2 mils Warpage Detection
2023
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Single Site Test Handler
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• ✓ 3x3~120x120mm ✓ -70~+150℃ @Tc, 1.2kw dissipation

• ✓ 500 kgf contact ✓ TSD (Tj) available Model 3110 Gen2

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Automatic System Function Tester
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✓ 3x3~70x70mm
✓ -40~+150℃ @Tc,
1.2kw/site dissipation
✓ 150 kgf/site contact
✓ TSD (Tj) available
✓ OTA integration
Model 3260
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FT & SLT Hybrid Test System
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• ✓ 5x5~120x120mm ✓ RT. ~ +150℃ @Tc, 1.5 kw/site dissipation

• ✓ 500 kgf/site contact ✓ TSD (Tj) available ✓ Warpage detection ✓ OHT integration Model 3200

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Advanced Packaging of HPC, Automotive, IOT, AI , Cloud, Network and Datacenter Chips
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High Precision Test Solution Milestones – Semiconductor Advanced Manufacturing Process

3D Metrology Measurement System

2D Metrology

3D Metrology

2D+3D Metrology

• Dimension: > 0.6um

• XY / Z Resolution: 30nm / 0.05nm

• XY / Z Resolution: 30nm / 0.05nm

• Sensor: Optical module

• Sensor: WLI module • Light Source: Multiple Light Sources

• Sensor: Dual modules with auto switch • Light Source: Multiple Light Sources

• Light Source: Multiple Light Sources

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Model 7980
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2020 2021

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2022 2023
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Process Equipment In-situ AOI

Particle Inspection

• Particles: >50um

• Sensor: AOI modules

• Light Source: Customized Light Source

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Process Particle In-situ Inspection
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7961
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Chemical Overflow Inspection

• Overflow: > 500um

• Residue: > 1mm*1mm

• Light Source: Customized Light Source

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Chemical Overflow In-situ Inspection 7961

Advanced Packaging: InFO, CoWoS, 3D IC

High Precision Test Solution Milestones – PXI/PXIe Source Measure Unit(SMU)

High Precision SMU

Short Pulse SMU

High Output Channel DPS

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High Precision SMU For Photonics/Semiconductor Test Model

52401-25-200m 25V, 200mA 52405-25-3 25V, 3A

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4 Output Channel DPS For Photonics/Semiconductor Test Model 52341e-7-1

7V, 1.0A

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Ultra-fast Short Pulse SMU For High-power Photonics Test Model 52403P-25-10

Pulser Module 5V, 10A with 10uS Pulse Width SMU Module 25V, 6A

2015 2020

2021 2022 2023

High Current SMU

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High Current SMU

For High Power VCSEL Array Test Model 52405-25-6 25V, 6A

± 1uV Level Program/Measure SMU

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± 1uV Level Program/Measure Capability SMU For Battery Leakage Current Model 52401-500m-500m 500mV, 500mA

Photonics/Semiconductor/Battery Cell

High Precision Test Solution Milestones – Photonics Sensing Test Solution

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Test requirement trend:

• ➢ Shorter pulse

• ➢ Wider temperature range

• ➢ More accurate probing

Pulse width: ms~ hundreds us Test temperature: 0 ° ~80 ° C Probing accuracy: +/- 7 um

2017

VCSEL Wafer Test System

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Model 58635 series Temp.: 0 ° ~ 100 ° C LIV/ NF/ FF test Pulse width: ms ~ hundreds us

Pulse width: <100 us Pulse width: <10 us Test temperature: -20 ° ~80 ° C Test temperature: -40 ° ~125 ° C Probing accuracy: +/- 5 um Probing accuracy: +/- 4 um 2020 2023 VCSEL Module Test System VCSEL Wafer Test System II Model 58625 Model 58635 series Temp.: -20 ° ~ 100 ° C Temp.: -20 ° ~ 100 ° C LIV/ NF/ FF test LIV+NF two-in-one Pulse width: ~ 100 us Pulse width: <10 us

Consumer/Automotive Sensing, LiDAR

High Precision Test Solution Milestones – Photonics Optical Fiber Communication Test Solution

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Test requirement trend:

• ➢ Smaller Pad size

• ➢ Higher Contact Rate

• ➢ Wider temperature range

Pad size: ≥100um Contact Rate: ≥ 98% ° ~125 ° C Temperature: 45 ° ~125 ° C 2015 2017

Pad size: ≥200um Contact Rate: ≥ 97% Temperature: 45 ° ~125 ° C

CoC LD Burn-in System

EEL CoC Tester

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Model 58620 Model 58604 Automatic test for EEL CoC Temp.: 45 ° ~ 125 ° C Auto fiber alignment test ACC/ APC burn-in ± 500mA; ± 7V

Pad size: ≤100um Contact Rate: ≥ 99% Temperature: 25 ° ~180 ° C 2021 2023

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PD/APD Burn-in System
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Model 58606 Temp. : 40 ° ~ 180 ° C DUT pad size > 70um ± 2mA; ± 80V

Optical Fiber Communication

High Precision Test Solution Milestones – Automatic Optical Inspection Solution

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In-Process Wafer Chip Inspection System

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Model 7936 Model 7940
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• ✓ Large die size

• die size up to 20mm

• ✓ High throughput

• WPH: 27 wafers/hour

• ✓ Shared auto wafer loader

• 1 loader support maximum 2 inspectors

• ✓ AI classification

Double side inspection Parallel computing Defect size 3μm Defect size 2μm Model 7945 WPH: 6 wafers/hour WPH: 15 wafers/hour 2015 2020 2021 2022 2023

LED/ PD/ VCSEL/ Discrete power device Wide Band Gap SEMI/ Quartz Element

High Precision Test Solution Milestones – Electrical Safety Test Solutions

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Safety Tester

• ACWV/DCWV/IR 3-in-1 EST test

• 10 channels in one device

• 10 sets of sync output and measurement

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19020 Series
Multi-Channel Hipot Tester
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DUT: Photo-coupler

• Built-in AC hipot test & PD detection functions

• • PD detection range: 1pC~2000pC

• AC voltage output: 0.1kVac~10kVac

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19501-K
Partial Discharge Tester
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DUT: IGBT

• Built-in hipot test & PD detection functions

• • PD detection range 1 pC~6000pC

• Voltage output : 0.1KVac ~ 5KVac

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19501
Partial Discharge Tester
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2015

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2020
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2023
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DUT: Inductor

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19301A
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Impulse Winding Tester

• Test application: 0.1μH~100μH

• • Impulse voltage: 10V~1000V

DUT: Lead Acid Battery

19311 series Battery Cell Surge Tester

• Max. output voltage: 6kV

• • Pulse interval: 30ms ~3000ms

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• Judgments: Area 、 Diff-Area 、 Flutter 、 Laplacian 、 V1 、 V3 、 Peak-Ratio & ΔPeak%

• 18mS high speed test (P1.0 for ACQ)

IGBT/MOSFET Power IC, Gate Driver Transformer, HV Relay, Photo-coupler, Digital Isolators

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Thank You

35 Copyright © 2023 Chroma ATE Inc. All rights reserved.