Raydium — Call Transcript 2025

Nov 6, 2025

3592 TT

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瑞鼎科技 . Raydium Semiconductor Corp 3Q25 Earnings Conference

2025/11/06

DISCLAIMER

• The content mentioned in this presentation is the information obtained by the based on information and current situation. If there is further

• company company development or adjustment in the future, the company will disclose the information in accordance with the law, but will not update or amend this presentation.

• The content of this report is not investment advice.

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Confidential. © Raydium, all rights reserved.

Agenda

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Company Facts
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3Q25 Financial Result
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Recent Major Events and Key Messages
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Q&A
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Company Facts
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2 3Q25 Financial Result 3 Recent Major Events and Key Messages

4 Q&A

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Company Introduction

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Revenue Mix by Product Line

Large-Sized Display Driver IC LDDI &TCON & PMIC

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Monitor
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Small & Medium
Display Driver IC
(SMDDI-AMOLED)
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Mobile/Tablet/NB
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Automotive &
GD Driver IC
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CID/ICD/HUD
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47%
49%
13%
17%
3%
37%
34%
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Products for Applications

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LCD
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AMOLED
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Consolidated Revenue (2021~3Q 2025)

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Q1 Q2 Q3 Q4
Unit：NT Billion
28
24.83
24.38
22.82
6.66 5.69
21
4.20
18.35
17.10
3.90
4.92
6.20
6.74
5.42
14
7.02
5.02
6.45
5.85
6.23
7
4.75
7.70
6.04 5.83
5.20
3.66
0
2021 2022 2023 2024 1Q~3Q 2025
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Consolidated Revenue (2021~3Q 2025)

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LDDI/TCON/PMIC SMDDI Automotive/GD

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Unit：NT Billion
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28
24.83
24.38
22.82
11%
15%
21 15%
18.35
17.10
35%
17%
17%
14 45% 53%
43%
49%
7
54%
40%
40% 32%
34%
0
2021 2022 2023 2024 1Q~3Q 2025
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1 Company Facts 2 3Q25 Financial Result 3 Recent Major Events and Key Messages 4 Q&A

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Consolidated Income Statement (3Q25 QoQ &YoY)

Unit: NTD Million

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Consolidated Income Statement (1Q~3Q25 YoY)

Unit: NTD Million

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Consolidated Balance Sheets-2025/9/30

Unit: NTD Million

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Consolidated Revenue (2Q24~3Q25)

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LDDI/TCON/PMIC SMDDI Automotive/GD
Unit: NT Billion
8
6.20
5.83 5.85
5.69 5.42
6
4
2
0
3Q24 4Q24 1Q25 2Q25 3Q25
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Revenue Mix by Product Line (2Q24~3Q25)

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LDDI/TCON/PMIC SMDDI Automotive/GD

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UNIT：%
100%
17% 18% 16% 16% 17%
75%
50% 50%
50% 49% 49%
50%
25%
34% 34%
33% 33% 34%
0%
3Q24 4Q24 1Q25 2Q25 3Q25
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1 Company Facts
2 3Q25 Financial Result
3 Recent Major Events and Key Messages
與答
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4 Q&A
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Recent Major Events

Received ISO 26262 ASIL B Ready certification from SGS.

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Invited to join the 2025 E.SUN ESG Sustainability Initiative

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Recent Key Messages - 1/2

• Review of 3Q25 Operational Highlights

• Overall revenue declined QoQ compared to 2Q:

  • Early customer pull-ins in 1H

  • Weaker impact from China subsidy programs

  • NT dollar appreciation

• By product lines:

  • LDDI: Overall revenue softened as IT demand weakened due to early customer pull-ins, while TV applications regained momentum following customer capacity adjustments.

  • Small- and Medium-Sized AMOLED Driver ICs: Shipment momentum slowed as customers completed early stockpiling in 2Q

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• Auto & GD: Revenue maintained steady growth, supported by new model ramp-ups and customer inventory build-up

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Recent Key Messages - 2/2

 4Q25 Business Highlights

• Overall business trend:

• The company is entering the industry’s traditional low season, with overall demand expected to soften.

• Product line trends:

• Small- and Medium-Sized AMOLED: Demand momentum is to expected

• weaken due to customers’ year-end inventory adjustments.

• • Auto & GD: After the completion of customer inventory build-up in the third quarter, demand is expected to slightly ease in the fourth quarter.

• • LDDI: Following inventory digestion in the third quarter, shipment momentum is returning to normal. With additional new IT product orders, fourth-quarter demand is expected to grow.

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1 Company Facts 2 2Q25 Financial Result 3 Recent Major Events and Key Messages 與答 4 Q&A

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Confidential. © Raydium, all rights reserved.

We Differentiate By Technology

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