NTC — Interim / Quarterly Report 2012

Feb 6, 2013

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Nuvoton Technology Corporation

4Q12 Investor Conference

February 6, 2013

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Safe Harbor Notice

• We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current expectations and projections about future events. Although we believe that these expectations and projects are reasonable, such forward-looking statements are inherently subject to risks, uncertainties and assumptions about us.

• We undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future event or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this conference might not occur and our actual results could differ materially from those anticipated in these forward-looking statements.

• The information contained herein shall also not constitute an offer to sell or a solicitation of an offer to buy the company’s securities nor shall there be any sale of such securities in any state or country in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or country.

Agenda

• Nuvoton Financial Results

• Nuvoton Business Update & Outlook

• Q&A

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Nuvoton Financial Results

• Nuvoton Income Statement- Consolidated

• • Nuvoton Balance Sheet- Consolidated

• Nuvoton Cash Flow Statement- Consolidated

• Nuvoton Revenue and GM Trend- Consolidated

Nuvoton Income Statement- Consolidated

Unit: NT$ M	4Q12	4Q12	4Q12		3Q12	3Q12	3Q12		4Q11	4Q11	4Q11		QoQ change	QoQ change	YoY change	YoY change
	Amount			%	Amount			%	Amount			%	Amount	%	Amount	%
Net Sales	1,602			100	1,935			100	1,570			100	(333)	(17)	32	2
Gross Profit	605			38	800			41	606			39	(195)	(24)	(1)	(0)
Operating Income	44			3	214			11	65			4	(170)	(79)	(21)	(32)
Net Non- Operating Income	13			1	10			1	11			1	3	28	2	14
Pretax Income	57			4	224			12	77			5	(167)	(75)	(19)	(25)
Net Income	37			2	182			9	47			3	(145)	(80)	(10)	(21)
EPS (NTD)	0.17				0.88				0.22

Note: 3Q12 figures were not reviewed by CPA.

Nuvoton Balance Sheet- Consolidated

Unit: NT$ M	Dec 31	Dec 31	’12		Sep 30	’12		QoQ change	QoQ change
	Amount		%		Amount	%		Amount	%
Cash & Equivalents Accounts Receivable Inventory Funds and L-T Investments Net Fixed Assets Total Assets	1,349 921 1,001 381 419 4,815		28 19 21 8 9 100		1,332 1,051 1,060 379 410 4,950	27 21 21 8 8 100		16 (130) (59) 3 9 (135)	1 (12) (6) 1 2 (3)
Accounts Payable Other payable Total Liabilities	626 730 1,774			13 15 37	819 687 1,953	16 14 39		(193) 43 (178)	(24) 6 (9)
Total SH Equity	3,040			63	2,997	61		44	1
Current Ratio	2.37				2.18
Debt/Equity Ratio	0.58				0.65

Note: Sep 30’12 figures were not reviewed by CPA.

Nuvoton Cash Flow Statement- Consolidated

Unit: NT$ M	4Q12	3Q12	QoQ change
	Amount	Amount	Amount
Operating Cash Flow	113	79	34
Investing Cash Flow	(43)	(371)	328
Financing Cash Flow	(59)	(294)	236
Cash & Equivalents	1,349	1,332	16

Note: 3Q12 figures were not reviewed by CPA

Nuvoton Revenue and GM Trend- Consolidated

e (NT$	)			Gross Margin
2,106 1,424 43.3% 30.2%	1,371 2,010 2,011 1,699 41.2% 39.9%37.7%38.9%	1,902 2,269 2,089 1,681 41.6% 43.9% 43.8% 38.8%	1,678 2,190 1,905 1,570 38.7%39.2% 36.4% 38.6%	1,639 2,237 1,935 1,602 40.4% 42.3% 41.4% 37.8%

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Nuvoton Business Update &Outlook

• Nuvoton Revenue Breakdown

• Nuvoton 4Q12 Business Update

• • Nuvoton 1Q13 Business Outlook

Nuvoton Revenue Breakdown

Revenue (NT$ M)

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2,500
2,296
2,240
2,206
2,085 2,123
2,026 2,054 17%
1,933 1,940 1,952
2,000 9% 19% 21%
18%
17% [15%] 1,719 1,710 1,696 15% 18%
17% 1,605 [1,659 ] 1,607 4Q12
1,500 1,453 14% 14% 18% 14% 19% 17% QoQ YoY
12% 1,336 % %
13%
IC Business -16.2% -3.0%
1,000
Foundry
-24.4% +19.3%
91% Business
88%
87% 86%
500 85% [86%] 86%
85% 83%
83% 83% 83%
82% 82% 82%
81% 81%
79%
0
3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12
IC Business Foundry Business
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Note: Revenue data is based on Nuvoton standalone financial statements. Other income, sales returns and allowance are excluded.

Nuvoton 4Q12 Business Update

IC Business

-16.2% QoQ / -3.0% YoY

• Key Reasons

• QoQ

  • Seasonality

− YoY

  - Weak EU/US Economies & NT Appreciation

  - Windows 8 Slow Market Acceptance

• 4Q12 Major New Products

• ARM[®] Cortex™- M0 MCU for Voice/Audio Applications

• ARM[®] 9 SoC N329 for IOT and Consumer Electronics

• ARM[®] Cortex™- M0 NuVoice™ Family for Advanced Speech Applications

• − New eSIO for Intel Shark Bay Platform in AIO/DT Applications

Note1: Revenue data is based on standalone financial statements. Other income, sales returns and allowance are excluded. Note2: All trademarks and copyrights mentioned herein are the property of their respective owners.

Nuvoton 4Q12 Business Update- cont’d

Foundry Business

• -24.4% QoQ / +19.3% YoY

• Key Reasons for QoQ Decrease

• Seasonality

• FAB Annual Maintenance

• Key Reasons for YoY Increase

• High Voltage Power IC Process

• 4Q12 New Processes

• 600V/700V MOSFET Process

• Photo Diode Process

Note: Revenue data is based on standalone financial statements. Other income, sales returns and allowance are excluded.

Nuvoton 1Q13 Business Outlook

• 1Q13 Business Outlook

• Traditional Slow Season for PC, Consumer, and Foundry

• Revenue Picks up from March

• 1Q13 Major New Products and Process

• Audio Enhancement with Power Amplifier

• iDAC for Shark Bay Platform

• 24-bit Stereo Audio Codec

• 5V/40V BCD process for power IC

Note: All trademarks and copyrights mentioned herein are the property of their respective owners.

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Questions & Answers

• Company website Nuvoton: www.nuvoton.com

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