MVI — Investor Presentation 2017

Mar 20, 2017

1

Mosel Vitelic Inc. Company Introduction

台灣茂矽電子股份有限公司 公司簡介

March 20, 2017

2

About MVI 關於茂矽

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Established1. 잠재고객
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• Outline

• • 1987

• Rebecca Tang

Core Business

• 6” Semiconductor Wafer Foundry

• Rebecca Tang

• Solar system EPC, and related business

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Listing
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• Taiwan Stock Exchange #2342 from 1995

• NT 3.72B

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•
560
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3

MVI - IC Foundry Production 茂矽晶圓廠介紹

Fab Area: Production area: 4900m2 Supporting area: 2400m2

Clean room control: Operation area: 0.1um, class 10 Maintenance area: 0.1um, class 100

Capacity: 6in: 57000 wafers per month

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4

Summary 經營現況總結

• 茂矽在晶圓代工業能見度逐漸攀升，產能供不應求，毛利率改善許 。

• 多，營運也終於由虧轉盈

Customers’ demand is over current capacity, gross margin improved significantly and become profitable.

• 晶圓代工，除了 Trench MOS ，亦開發獨特溝槽蕭特基 (Trench Schottky) ，廣為客戶好評，提升產能稼動率。

Unique Trench Schottky process was widely acknowledged and approved by our customer and therefore, fab. utilization is greatly improved.

感謝經濟部技術處之指導，車用 IGBT 科專計畫研發成果優異，獲 得肯定，性能優越的 IGBT solutions 吸引國內外系統廠商進行新產 品試產。

Thanks to the guidance of the Technical Department of the Ministry of Economic Affairs. Superior performance of IGBT solution has attracted many domestic and foreign system manufacturers to have pilot runs in Mosel. 由消費性領域跨入工業及車用領域，並往高密度電源與系統保護裝 置之技術發展。

Strategy to move products from consumer areas into the field of industrial and automotive applications; and will focus to develop the technologies on high-density power management and system protection devices.

• 持續尋求新資金與技術伙伴，目前數家投資團隊與茂矽洽談投資 合作，共同開發下一世代產品。

Continue discussion with potential partners on finance investment and technical cooperation for next generation products.

5

MVI Sales History 茂矽歷年銷售金額

6

MVI Revenue Breakdown 茂矽營收比重

7

Wafer Foundry Output Trend 晶圓製造產出數量

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Demand strong
even low season
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8

Business Status: Gross Margin is Positive 茂矽營運現況 : 營業毛利已由負轉正 !

Revenue / Margin % analysis - by Quarterly

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500,000 30%
單 22%
位 450,000 21%
： 20%
400,000 15%
新
台 350,000 11%
幣 10%
仟 300,000
元 -2%
250,000 0%
200,000
-10%
150,000
-12% -18%
100,000
-20%
50,000
-25%
0 -30%
2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4
FNDY Revenue FNDY Margin %
YTD-2015 Revenue Revenue% Margin Margin% YTD-2016 Revenue Revenue% Margin Margin%
FNDY 974,324 69% (135,723) -14% FNDY 1,390,719 97% 244,975 18%
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備註：2016年數字為公司自結數

10

Wafer Foundry Business 晶圓製造業務

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Battery Pack Networking
adaptor
E-Bike LED Backlight
MB & N/B
UPS/PV Inverter
0.2um /1p1m/ 12V~250V
0.4, 0.5um / 1p1m / 12V~650V
Planar 200~900V Printer Head
MCD/Schottky 30~300V
Trench/Planar
MOSFET/MCD/Schottky
Home Appliances 0.4um/1p2m/
Thermopile
1.5V/3.3V/5V
Mosel Vitelic Logic,
Trench
0.8um /1p1m IGBT
400V/600V/1200V IC Foundry Mask-ROM, 0.4um/1p2m/5V
(PT/NPT/FS) Flat-cell Toy/Voice
Sensor
HV-CMOS / BiCMOS 2um/1p2m
/CDMOS
Hybrid Electric
0.4um / 2p2m 3.3V/5V-18V~70V
Vehicles (HEVs)
0.6um /2p2m 5V-40V~60V
Micro Controller
DSC Flash
Protection IC
Motor Driver
Audio Amplifier LED Driver
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11

Mosel Power Device Technology History 茂矽功率元件技術發展歷程

More Than 15 Years Experience on Power Discrete Devices

IGBT Technology: PT, NPT, FS, RC

Mosel Unique Process: IP Rights: 575 Power Device TB GOX , Split Gate, Power: 42 Technology MCD, Pt Barrier, TR-MOSFET

Trench Technology: (started from Trench DRAM) Trench MOS Trench Schottky Trench IGBT

Quality: Stable yield: ~99% Product performance Automobile Qualified

12

Government Project : Power FS-IGBT of EV Technology 科專計畫: 綠能車用高功率IGBT 元件技術開發 一 茂矽成功主導科專計畫，開發出國內第 顆應用於電動車 2014-10 Power 馬達驅動之高功率IGBT元件，達成實車道路測試無中斷之 Meter Test 計畫目標 1000~7000

Mosel FS-IGBT 1200V/150A

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2014-10 On Road
Test
2014-11 UDDS Test
X’s
2014-12014-11 Qualified Qualified
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13

NPIE Achievements Exhibition - IGBT – NPIE 智慧電子國家型科技計畫 車用 IGBT

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14

Product Strategy 產品佈局與發展方向

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PIC
WBG
IGBT
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SG MOSFET TRENCH MOSFET

• 繼續耕耘 IGBT

Continue to develop IGBT technology.

• 開發利基型高效能之製程平台

• Develop niche-based and high-performance process platforms

• � 往工業及車用電子之領域發展

• Develop technologies for industrial and automotive applications.

• � 佈局下世代寬能隙功率半導體元件

• Have a strategic plan on next generation wide-band-gap power devices

DIODE

15

Thank You !

Q and A !