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Macronix Interim / Quarterly Report 2015

Jul 23, 2015

52013_rns_2015-07-23_5da4d7e3-68c9-42ee-9603-279854538766.pdf

Interim / Quarterly Report

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���� 2015 ��������� July 23, 2015

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Copyright © Macronix International Co., Ltd. 1
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2015 ��������

2015 ��� 2015 ��� ���� ���� ���� NT$ 4.98B NT$ 4.71B ����� 12 % 13% ����� -24% -26%

  • ��������� 6% ���� NAND, NOR � FBG ����

  • �������� 1 ���������������

  • ��������������������

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Copyright © Macronix International Co., Ltd. 2
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2015 �������������

2015/Q2
2015/Q1
2014/Q2
������
4,975
4,706
4,973
����
608
620
309
�����
12%
13%
6%
����
(1,779)
(1,868)
(2,105)
����
(1,171)
(1,248)
(1,796)
�����
(24%)
(26%)
(36%)
����(�)
(46)
894
(3)
����
(1,217)
(354)
(1,799)
�����
(5)
(3)
(1)
����
(1,222)
(357)
(1,800)
������
(203)
208
(25)
������
(1,425)
(149)
(1,825)
�����
�����
(1,221)
(355)
(1,794)
�����
(1)
(2)
(6)
������*(NT$)
(0.35)
(0.10)
(0.51)
EBITDA
344
1,202
174
���������(������)
2015/Q2
2015/Q1
2014/Q2
������
4,975
4,706
4,973
����
608
620
309
�����
12%
13%
6%
����
(1,779)
(1,868)
(2,105)
����
(1,171)
(1,248)
(1,796)
�����
(24%)
(26%)
(36%)
����(�)
(46)
894
(3)
����
(1,217)
(354)
(1,799)
�����
(5)
(3)
(1)
����
(1,222)
(357)
(1,800)
������
(203)
208
(25)
������
(1,425)
(149)
(1,825)
�����
�����
(1,221)
(355)
(1,794)
�����
(1)
(2)
(6)
������*(NT$)
(0.35)
(0.10)
(0.51)
EBITDA
344
1,202
174
���������(������)
2015/Q2
2015/Q1
2014/Q2
������
4,975
4,706
4,973
����
608
620
309
�����
12%
13%
6%
����
(1,779)
(1,868)
(2,105)
����
(1,171)
(1,248)
(1,796)
�����
(24%)
(26%)
(36%)
����(�)
(46)
894
(3)
����
(1,217)
(354)
(1,799)
�����
(5)
(3)
(1)
����
(1,222)
(357)
(1,800)
������
(203)
208
(25)
������
(1,425)
(149)
(1,825)
�����
�����
(1,221)
(355)
(1,794)
�����
(1)
(2)
(6)

������(������)
QoQ
YoY
Change
Change
6%
0%
(2%)
97%
(1ppt)
6ppt
(5%)
(15%)
(6%)
(35%)
2ppt
12ppt
244%
(32%)
242%
(32%)
(198%)
712%
856%
(22%)
244%
(32%)
������*(NT$)
(0.35)
(0.10)
(0.51)
250%
(32%)
EBITDA
344
1,202
174

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Copyright © Macronix International Co., Ltd. 3
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������

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2015 YTD Sales = NTD 9,682 M 2015 YTD GP = NTD 1,259M
-1% YoY +5% YoY
���� ����
��������� ���������
1,500
10,000 9,763M
1,259M
9,682M 1,196M
8,000
1,000
6,000
4,000
500
2,000
0 0
14Q1 Q2 Q3 Q4 15Q1 Q2 14Q1 Q2 Q3 Q4 15Q1 Q2
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Copyright © Macronix International Co., Ltd. 4
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2015 ����������

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2015Q2 2014Q2
����� 12% 6%
���� (NTD) (0.35) (0.51)
����� ����
GM% NTD
25%
18% 17%
13%
15% 12%
6% 8% (1.84) (0.45)
5%
-5% 14Q1 Q2 Q3 Q4 15Q1 Q2
-15%
-25%
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Copyright © Macronix International Co., Ltd. 5
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2015 ������������� / ������

��������� 2015/06/30 2015/03/31
������� 3,811 6,346
��(��) 10,412 9,865
���� 18,951 19,893
��� 39,971 42,980
������� 5,649 14,111
������� 8,324 1,607
��� 18,783 20,471
���� 21,188 22,509
�������(%) 47.0% 47.6%
����(����) 5.95 6.33
2015/Q2 2015/Q1
��&�� 1,488 1,491
���� (559) (453)
���������(�) (226) (149)

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Copyright © Macronix International Co., Ltd. 6
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- 2015 ��������� ��� ( ��� )

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���������
6,000
4%
9%
6%
4,000 QoQ YoY
Change Change
67%
66% NAND +51% +118%
65%
NOR +6% -2%
2,000
ROM -26% -35%
FBG +18% +7%
15% 14% 10%
FBG (foundry business group)
14% 15% 15%
0
2014Q2 2015Q1 2015Q2
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Copyright © Macronix International Co., Ltd. 7
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- 2015 ��������� ��� ( ��� )

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������
500
4%
3%
3%
400
QoQ YoY
Change Change
300
NAN D +58% +79%
95% NOR +11% +5%
95%
94%
200
ROM +7% -34%
FBG +27% +9%
100 * Equivalent 8” WF base for FBG
(foundry business group)
2% 2% 2%
0
2014Q2 2015Q1 2015Q2
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Copyright © Macronix International Co., Ltd. 8
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���� - ROM

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Density shipment index:
1,600 2010Q1 =100
1,490
1,439
1,164
1,200
1,090
957
800
629
598 610
469
514
435 408
417
382
365
400 336
230
186 166
132
100
99
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
2010 2011 2012 2013 2014 2015
Copyright © Macronix International Co., Ltd. 9
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����

ROM business

  • ≤ 45 ������� 2015 ��� ROM �� 66%

  • 32 ���� 16Gb ���� 15Q2 ��

  • ��������������� , �������� ROM ����

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NTD %
ROM (by tech & sales)
100% 2%
35%
80%
60% 61%
66%
73%
60% 80% 80%
84%
76%
32 nm
40%
45 nm
65%
≥ 65 nm
20% 40% 39%
34%
24% 25%
20% 20%
16%
0%
14Q1 Q2 Q3 Q4 15Q1 Q2 2013 2014 2015
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Copyright © Macronix International Co., Ltd. 10
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���� - NOR Flash

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Density shipment index:
250 2010Q1 =100 238 238
211
214
211
197 201 188
200 178
171
158
157
145
142
150
133
117
111 111
100
95
100 84
71
50
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
2010 2011 2012 2013 2014 2015
Copyright © Macronix International Co., Ltd. 11
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����

NOR flash business

  • ≦ 75 ������� 2015 ���� NOR �� 39%

  • 75 ���� wide-range Vcc 1~64Mb NOR CS �� 15Q2 ���� ( �������������� )

  • 55 ���� serial 3V 256/512Mb NOR ES ������������

  • ���������������������������

High density Mid density (32Mb~128Mb) Low density NOR (by density & sales)

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≤ 75 nm Mid density (32Mb~128Mb)
NTD % ≧ 0.10 µ m NTD % Low density
100% NOR (by tech & sales) NOR (by density & sales)
100%
21% 12%
16%
19%
28% 30% 33% 34% 33% 32%
80% 39% 41%
80%
60% 60% 54%
52%
52%
40% 79%
40%
72% 70% 67% 66% 67% 61% 68%
59%
20% 20%
34% 32% 29%
0% 0%
14Q1 Q2 Q3 Q4 15Q1 Q2 2013 2014 2015(E)
2013 2014 2015(E)
Copyright © Macronix International Co., Ltd. 12
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���� – 2015 ���� NOR Flash ������

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2015 ���� NOR
����
Consumer,
35% Comm,
20%
Handset,
Computer,
6%
20%
Auto &
Indu., 19%
2015 ���� NOR
�����
���
( ��� ) Computer Consumer Communication Handset Auto & Indu.
200 +2% QoQ+9% YoY +17% QoQ+16% YoY +5% QoQ+6% YoY +12% QoQ-53% YoY +60% YoY+35% QoQ
150
150 150 150 150
100
100 100 100 100
50 50 50 50 50
0 2015Q1 2015Q2 0 2015Q1 2015Q2 0 2015Q1 2015Q2 0 2015Q1 2015Q2 0 2015Q1 2015Q2
Copyright © Macronix International Co., Ltd. 13
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���� – SLC NAND

SLC NAND flash business

  • 36nm 3V 1Gb ECC-free NAND �� 15Q2 ����

  • 36nm 3V 1Gb serial NAND CS �� 15Q2 ����

2015 ���� NAND

SLC NAND Flash equivalent density shipment

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Total density (Tb)
����
Index 3,000 150,000
1,500 Density shipment index: 40,000
2014Q1 =100 1,272
Comm,
2,000 100,000
61%
Consumer, 1,000 877
33%
593 573 20,000
398 501 1,000 50,000
500
Others, 6%
100
0 0 0 0
14Q1 Q2 Q3 Q4 15Q1 Q2 Q3(E) 2013 2014 2015(E)
36 nm 75 nm
Copyright © Macronix International Co., Ltd. 14
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For more information regarding Macronix http://www.macronix.com

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For all inquiries, suggestions and comments [email protected]