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Macronix Interim / Quarterly Report 2015

Apr 29, 2015

52013_rns_2015-04-29_313540bd-383c-4024-8193-c148596d10c7.pdf

Interim / Quarterly Report

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���� 2015 ��������� 2015/04/29

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

2015 ��� 2014 ��� ���� ���� ���� NT$ 4.7B NT$ 6.0 B ����� 13 % 8% ����� -26% -36%

  • ��������� 21% ����������������

  • �������� 5 ��������������

  • ��������������������

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

15 �������������
�� 2015/Q1
2014/Q4
2014/Q1
������
4,706
5,960
4,790
����
620
482
861
�����
13%
8%
18%
����
(1,868)
(2,637)
(2,130)
����
(1,248)
(2,155)
(1,269)
�����
(26%)
(36%)
(27%)
����(�)
894
(130)
(13)
����
(354)
(2,285)
(1,282)
�����
(3)
(9)
(1)
����
(357)
(2,294)
(1,283)
������
208
222
265
������
(149)
(2,072)
(1,018)
�����
�����
(355)
(2,292)
(1,274)
�����
(2)
(2)
(9)

�������(������)
QoQ
YoY
Change Change
(21%)
(2%)
29%
(28%)
5ppt
(5ppt)
(29%)
(12%)
(42%)
(2%)
10ppt
1ppt
(84%)
(72%)
(70%)
150%
(84%)
(72%)
(6%)
(22%)
(93%)
(85%)
(85%)
(72%)
(27%)
(81%)
������*(NT$)
(0.10)
(0.65)
(0.36)
(85%)
(72%)
EBITDA
1,202
(330)
672

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

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2015Q1 Sales = NTD 4,706 M
-2% YoY
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2015Q1 GP = NTD 620M
-28% YoY
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���� ���������

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10,000 22,214M
8,000
6,000
4,000
2,000
0
14Q1 Q2 Q3 Q4 15Q1
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����
���������
2,759M
1,250
750
250
14Q1 Q2 Q3 Q4 15Q1
(250)
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Copyright © Macronix International Co., Ltd. 4
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2015 ����������

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2015Q1 2014Q1
����� 13% 18%
���� (NTD) (0.1) (0.36)
����� ����

���������
GM% NTD
25%
1.00
18% 17%
0.75
15%
6% 8% 13% 0.50 (1.84)
5% 0.25
0.00
-5% 14Q1 Q2 Q3 Q4 15Q1 14Q1 Q2 Q3 Q4 15Q1
(0.25)
(0.31) (0.10)
(0.36)
(0.50)
-15%
(0.52)
(0.75) (0.65)
-25% (1.00)
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Copyright © Macronix International Co., Ltd. 5
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2015 ������������� / ������

��������� 2015/03/31 2014/12/31
������� 6,346 7,636
��(��) 9,865 9,302
���� 19,893 21,128
��� 42,980 44,843
������� 14,111 14,277
������� 1,607 2,074
��� 20,471 22,237
���� 22,509 22,606
�������(%) 47.6% 49.6%
����(����) 6.33 6.36
2015/Q1 2014/Q4
��&�� 1,491 1,885
���� (453) (264)
���������(�) (149) 1,760

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

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���������
8,000
6,000
4%
QoQ YoY
2% Change Change
6%
53%
4,000 NAND +10% +286%
66% NOR -2% -3%
65%
ROM -66% -26%
2,000
FBG +10% +1%
33%
FBG (foundry business group)
19% 14%
13% 10% 15%
0
2014Q1 2014Q4 2015Q1
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Copyright © Macronix International Co., Ltd. 7
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- 2015 ��������� ��� ( ��� )

0
100
200
300
400
500
600
2014Q1
������
97%
~~3%~~
0
100
200
300
400
500
600
2014Q1
������
97%
~~3%~~
0
100
200
300
400
500
600
2014Q1
������
97%
~~3%~~
2015Q1
95%
~~2%~~
QoQ
Change
YoY
Change
NOR
-1%
-2%
ROM
-63%
-39%
FBG
-5%
+1%
Equivalent 8” WF base for FBG
(foundry business group)
~~
3%*~~
NAND
-3%
+342%
97%
~~3%~~
~~4%~~
93%
3%
95%
~~2%~~
~~3%~~
3%
97%
~~3%~~
~~4%~~
93%
~~3%~~
95%
~~2%~~
2014Q1
2014Q4

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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
610
629
598
514
469
435 408
417
382
365
400
230
186 166
132
99
100
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 15Q1
2010 2011 2012 2013 2014
Copyright © Macronix International Co., Ltd. 9
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����

ROM business

  • ≦ 45 ������� 15Q1 ROM �� 80%

• 32 ���� 16Gb ���� 2015 ������� 32Gb �����

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NTD %
ROM (by tech & sales)
100% 2%
35%
80%
60% 61%
76%
60% 80% 80%
84%
74%
40%
32 nm
65%
45 nm
20% 40% 39%
≥ 65 nm
24% 24%
20% 20%
16%
0%
14Q1 Q2 Q3 Q4 15Q1 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
211
214
211
197 201 188
200 178
171
158
157
145
142
150
133
117
111 111
100
100 84 95
71
50
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 15Q1
2010 2011 2012 2013 2014
Copyright © Macronix International Co., Ltd. 11
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����

NOR flash business

  • ≦ 75 ������� 2015 ���� NOR �� 33%

  • 75 ���� serial 1.8V 512Mb (ultra-low temp) CS �� 15Q1 ���� (for communication application)

  • 55 ���� serial 3V 128~512Mb ���� NOR ������

  • WLCSP NOR ���������������������

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

� 2015 �� � NOR

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����
Consumer,
31% Comm,
21%
Handset,
Computer,
7%
22%
Auto &
Indu., 19%

2015 �� � NOR
�����
���
( ��� ) Computer Consumer Communication Handset Auto & Indu.
200 +11% QoQ+3% YoY +11% YoY-4% QoQ +4% YoY-8% QoQ -23% QoQ-59% YoY +28% YoY+14% QoQ
150
150 150 150 150
100
100 100 100 100
50 50 50 50 50
0 2014Q4 2015Q1 0 2014Q4 2015Q1 0 2014Q4 2014Q4 0 2014Q4 2015Q1 0 2014Q4 2015Q1
Copyright © Macronix International Co., Ltd. 13
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���� – SLC NAND

SLC NAND flash business

  • 36 �� MCP (2Gb NAND+1Gb DRAM) �����

  • 36 �� 3V 1Gb ECC-free NAND CS �� 15Q1 ����

� 2015 �� � NAND

SLC NAND Flash equivalent density shipment

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Total density (Tb)
���� Index
3,000 150,000
1,200 40,000
Density shipment index:
2014Q1 =100
Comm,
2,000 100,000
691
59%
Consumer, 593 573
33% 600 501 20,000
398
1,000 50,000
Others, 8%
100
0 0 0 0
14Q1 Q2 Q3 Q4 15Q1 Q2( E) 2013 2014 2015(E)
36 nm 75 nm
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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]