GSC — Investor Presentation 2017

Jul 28, 2017

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GIGASTORAGE CORPORATION

(2406) Investor Conference

July 28, 2017

GSC Confidential

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GIGASTORAGE CORPORATION

Safe Harbor Notice

 The statements of GSC’s current expectations included in this presentation are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in these forwardlooking statements.

 GSC undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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GIGASTORAGE CORPORATION

Company Background

Established 1997.03.04
Listed 2000.04.29
Chairman Jimm Chen
y
CEO Jimm Chen
y
Capital NT3389 million
Business Pastes ’Wafer’EPC ’Ribbon ’Low-
temperature curing materials
FactorHsinchu‘ Thailand
y

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GIGASTORAGE CORPORATION

Quarterly Revenue

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GIGASTORAGE CORPORATION

Product type

• Brick:

• Ingot full production

• Brick sale to China

• Wafer :

• Slurry: DW= 4:6

  • (now)

• Full DW in December

• DW capacity is 15M pcs per month

 Ribbon:

• Capacity 900MW/Year

• Market in Taiwan & SE Asia

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GIGASTORAGE CORPORATION

2017 outlook

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GIGASTORAGE CORPORATION

Consolidated Balance Sheet
	106.03.31	%	105.12.31	%
Current assets	13,677,912	58.44	14,766,144	60.00
noncurrent assets	9,725,574	41.56	9,842,929	40.00
Total assets	23,403,486	100.00	24,609,073	100.00
Current liab.	8,720,879	37.26	9,162,379	37.23
Noncurrent liabilities	4,942,304	21.12	5,253,253	21.35
Total Liabilities	13,663,183	58.38	14,415,632	58.58
Capital	3,389,248	14.48	3,388,970	13.77
Paid incapital	2,700,110	11.54	2,699,792	10.97
Retained earnings	-82,093	-0.35	166,714	0.68
Others	12,237	0.05	136,148	0.55
Noncontrolling interests	3,720,801	15.9	3,801,817	15.45
Total equity	9,740,303	41.62	10,193,441	41.42

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GIGASTORAGE CORPORATION

	106Q1	%	105	%
Sales	2,969,083	100.00	17,461,057	100.00
Grossprofit	94,189	3.17	2,282,865	13.07
Operating profit	(96,066)	(3.23)	1,258,305	7.20
Nonoperating income(loss)	(147,232)	(4.96)	76,304	0.44
Net income before tax	(243,298)	(8.19)	1,334,609	7.64
Net income	(244,770)	(8.24)	749,273	4.29
EPS	(0.73)		0.10

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GIGASTORAGE CORPORATION

Consolidated Cashflow(unit:NT thousand)	Consolidated Cashflow(unit:NT thousand)	Consolidated Cashflow(unit:NT thousand)
	106Q1	105
Cashflow from operating activities	64,089	2,457,814
Cashflow from investing activities	(504,108)	(2,264,895)
Cashflow from financing activities	82,029	3,219,410
Exchange rate effect	21,046	(96,004)
Net increase(decrease) in cash	(336,944)	3,316,325
Cash, beginning of theperiod	7,033,410	3,717,085
Cash, end of theperiod	6,696,466	7,033,410

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GIGASTORAGE CORPORATION

Recent Major Events

• (2017/6/19) Finished issuing CB4

• (2017/6/29) Second instance decision of Taiwan IP Court

• (2017/7/1) Spin off HO MI Specialty Materials Corporation

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GIGASTORAGE CORPORATION

GIGASTORAGE CORPORATION’S ANNOUNCEMENT

• Regarding the patent infringement suit filed by Koninklijke Philips N.V. (“Philips”) against Gigastorage Corporation (“Company”), the Company has decided to appeal the second instance of the IP Court’s decision on June 29, 2017 (105 Min-Juan-Shang No. 24; “Decision”), which ordered the Company to pay NT$1,039,500,000 to Philips on the ground of unjust enrichment due to the Company’s use of Philips’ Taiwan Patent No.82864 (expired on February 14, 2015) on DVD-R products .

• The Company strongly objects the Decision for its apparent legal errors. The Company has not used the Patent. Further, the Company has never obtained NT$1,039,500,000 unjust enrichment from Philips’s said patent. This is completely erroneous application

of laws.

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Thanks or our attention ! f y

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創新 品質
技術 服務
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國碩科技

www.gigastorage.com.tw

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