GUC — Interim / Quarterly Report 2020

Nov 17, 2020

Global Unichip Corp.

GUC Proprietary & Confidential Security C

• 3Q20 Financial Results

• Business Update

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• GUC’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.

• Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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(Unit: NT$M) Revenues Net Income EPS (NT$)	3Q20 QoQ		2Q20 3Q19 2,927 2,425 37 102 0.27 0.76	YoY
	3,528 21% 106 186% 0.80 186%			45% 4% 4%
ROE (%) (1)	2.78		0.90 2.54

(1) Quarterly net income divided by average equity

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(Unit: NT$M)	3Q20 QoQ	2Q20	3Q19	YoY
Revenues NRE Turn Key Others Gross Margin %	3,528 21% 1,375 166% 2,087 -4% 66 -73% 875 13.2% 24.8%	2,927 516 2,168 243 773 26.4%	2,425 494 1,841 90 828 34.1%	45% 178% 13% -27% 6%
SG&A Exp	(139) 9% (610) 4%	(128) (585)	(144) (564)	-3%
R&D Exp				8%
Operating Income	126 110%	60	120	5%
%	3.6%	2.0%	4.9%
Non-Operating Items	(3)	(5)	9
Income Tax Net Income %	(17) 106 186% 3.0%	(18) 37 1.3%	(27) 102 4.2%	4%
EPS (NT$)	0.80	0.27	0.76

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(Unit: NT$M) Revenues NRE Turn Key Others Gross Margin SG&A Exp R&D Exp Operating Income Non-Operating Items Income Tax Net Income EPS (NT$)	Amount % 12,161 31% 2,642 22% 9,266 76% 253 2% 3,165 26.0% (606) -5.0% (1,628) -13.3% 931 7.7% 58 0.4% (134) -1.1% 855 7.0% 6.38 2017*	Amount % 13,460 11% 4,079 30% 9,168 68% 213 2% 4,017 29.8% (647) -4.8% (2,274) -16.9% 1,096 8.1% 39 0.3% (147) -1.1% 988 7.3% 7.37 2018*	Amount % 10,710 -20% 3,206 30% 7,189 67% 315 3% 3,530 33.0% (613) -5.7% (2,220) -20.7% 697 6.5% 86 0.8% (150) -1.4% 633 5.9% 4.73 2019*	Amount % 9,625 30% 2,668 28% 6,632 69% 325 3% 2,413 25.1% (396) -4.1% (1,757) -18.3% 260 2.7% 48 0.5% (66) -0.7% 242 2.5% 1.81 1Q-3Q 2020*
	Amount	Amount	Amount
	12,161 2,642 9,266 253	13,460 4,079 9,168 213	10,710 3,206 7,189 315
	3,165 (606) (1,628)	4,017 (647) (2,274)	3,530 (613) (2,220)
	931 58 (134)	1,096 39 (147)	697 86 (150)
	855	988	633
	6.38	7.37	4.73

* YoY revenue growth rate

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Business Update

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Quarterly Sales Breakdown by Technology
65nm & above 40nm 28nm 16nm 7nm & Below
1% 3% 2%
100%
7% 10%
10%
18%
19%
13%
80%
40%
21%
41%
60% 40% 33%
20%
16%
40%
22% 18%
10%
18%
20%
36%
28% 25% 26% 23%
0%
3Q19 4Q19 1Q20 2Q20 3Q20
Sales(NT$M) $2,425 $3,297 $3,170 $2,927 $3,528
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Copyright © 2020 GUC GUC Proprietary & Confidential Security C Uncompromising Performance
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65nm & above 40nm 28nm 16nm 7nm & Below
1%
100% 4%
15%
19% 10%
16%
25%
15%
80%
12%
26%
60% 28% 37%
31%
26%
24%
40% 12%
10% 13%
19%
20%
35% 34% 33%
30%
25%
0%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $9,290 $12,161 $13,460 $10,710 $9,625
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Annual NRE Breakdown by Technology

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65nm & above 40nm 28nm 16nm 7nm & Below
4%
100%
8%
18%
18%
28%
19%
80%
42%
37%
60%
55% 31%
50%
40%
32%
31%
25%
20% 15%
18% 4%
8%
7%
12% 14%
9% 7% 8%
0%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $2,529 $2,642 $4,079 $3,206 $2,668
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Annual Turnkey Breakdown by Technology

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65nm & above 40nm 28nm 16nm 7nm & Below
100%
3%
3% 8%
13%
19%
28%
80% 1%
15%
38% 35%
23%
20%
60%
28%
12%
10% 17%
24%
40%
45%
20% 44% 42% 39%
33%
0%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $6,564 $9,266 $9,168 $7,189 $6,632
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Taiwan USA China Japan Korea Europe
100%
6%
11% 11% 10% 11%
8%
11% 9% 13%
13%
80%
8%
4%
27% 12%
17%
60% 21%
15%
33%
22% 17%
40%
30%
35%
21%
23% 21%
20%
21% 21%
16% 18% 15%
0%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $9,290 $12,161 $13,460 $10,710 $9,625
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AI/ML Networking Digital Consumer Industry Others
100%
7% 6%
19% 25%
30% 15% 16%
80%
13%
11%
14%
60%
45%
51%
42%
35%
40% 48%
22%
20%
19%
23% 16%
11%
11%
8%
5% 5%
0% 3%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $9,290 $12,161 $13,460 $10,710 $9,625
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System House Fabless
100%
28%
33% 35%
80% 39% 38%
60%
40%
72%
67% 65%
61% 62%
20%
0%
2016 2017 2018 2019 1~3Q20
Sales(NT$M) $9,290 $12,161 $13,460 $10,710 $9,625
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Thank you !

- http://www.guc asic.com

- irinfo@guc asic.com

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