Raydium — Call Transcript 2025

Aug 7, 2025

3592 TT

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瑞鼎科技 . Raydium Semiconductor Corp 2Q25 Earnings Conference

2025/08/07

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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2Q25 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 2Q25 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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50%47%
13%
16%
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 (2021~1H25)

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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
3.90
4.92
6.20
6.74
14
11.68
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 1H25
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Consolidated Revenue (2021~1H25)

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LDDI/TCON/PMIC SMDDI Automotive/GD
Unit：NT Billion
28
24.83
24.38
22.82
11%
15%
21 15%
18.35
35%
17%
14 45% 53%
11.68
43%
16%
7 54% 50%
40%
40% 32%
34%
0
2021 2022 2023 2024 1H25
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1 Company Facts 2 2Q25 Financial Result 3 Recent Major Events and Key Messages 4 Q&A

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Consolidated Income Statement (2Q25 QoQ &YoY)

Unit: NTD Million

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Consolidated Income Statement (1H25 YoY)

Unit: NTD Million

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Consolidated Balance Sheets (2025/6/30)

Unit: NTD Million

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Consolidated Revenue (2Q24~2Q25)

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LDDI/TCON/PMIC SMDDI Automotive/GD
Unit: NT Billion
8
6.45
6.20
5.83 5.85
5.69
6
4
2
0
2Q24 3Q24 4Q24 1Q25 2Q25
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Revenue Mix by Product Line (2Q24~2Q25)

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LDDI/TCON/PMIC SMDDI Automotive/GD

UNIT：%

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100%
14% 17% 18% 16% 16%
75%
50%
55% 50% 49% 50%
50%
25%
34% 34%
31% 33% 33%
0%
2Q24 3Q24 4Q24 1Q25 2Q25
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1 Company Facts
2 2Q25 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

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Selected for the first time as a constituent stock of the 2025 TWSE Corporate Governance 100 Index Included as a constituent stock of the TWSE Taiwan High Compensation 100 Index for four consecutive years (2022–2025)

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Recent Key Messages - 1/2

 Review of 2Q25 Operational Highlights

• Overall revenue recorded modest growth, with the following key factors:

• Significant appreciation of the New Taiwan Dollar (NTD)

• Pull-in demand from certain customers due to uncertainties surrounding U.S. tariff policies

• By product lines:

• LDDI: Revenue posted slight growth, solid pull-in momentum from NB/Monitor segments. However, demand for TV declined due to clients’ capacity adjustments

• • AMOLED: Revenue also recorded modest growth. Demand for wearables increased significantly, driven by broader applications and early pull-ins, while shipment momentum for smartphone AMOLED driver ICs remained stable

• Auto & GD: Demand continued to grow steadily; however, revenue experienced a slight decline due to FX impacts

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Recent Key Messages - 2/2

 3Q25 Business Highlights

• Key factors impacting 3Q25 include:

• Demand may be influenced by tariff issues and subsidy policies in China

• • We the demand are to return to seasonal no expected expected patterns;

• strong customer pull-in momentum due to early inventory builds in 1H25

• • Fluctuations in the FX will continue to impact revenue performance this quarter

• Demand for product lines:

• LDDI : IT is expected to be soft, while TV is likely to rebound following customer production control

• AMOLED DDIC : Shipment for smartphones and wearables is expected to slow due to early pull-ins in Q2, with overall demand volumes remaining relatively flat. However, IT-related demand is expected to grow.

• Auto & GD DDIC: New TDDI projects are entering MP; shipment momentum is expected to remain stable

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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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