TMC — Investor Presentation 2019

Sep 12, 2019

Taiwan Mask Corporation??2019 H1 Financial Status

1

Revenue and Margin

In NTD $K
NTD K
2

YoY Income Statement

3

Turnover Status

4

2019 Revenue Trend

In NTD $K
2019 Sales
2018 Sales

Introduction of Companies in TMC Group

6

TMC Group

Taiwan Mask
(Main Business：Mask)
Weida Hitech
(Main Business: Touch Panel driver IC design)
Aptos
(Main Business: Flash Assembly)
Miracle Tech
(Main Business:
Wafer Agent)
7

TMC Group

Mask Size：
Mainly in 6”, could be applied in 6”/8”/12” wafer
(9”/14”)Large size mask, applied in LCD monitor or wafer scale package
Mask Process：
0.35um(mainly for 6” wafer)
0.18um (mainly for 8” wafer)
0.11um~90nm (mainly for 12” wafer)
Product Application: mature processes for IoT, Motor, LED lighting are the main focus of current market
Taiwan Mask
(Main Business：Mask)
Weida Hitech
(Main Business: Touch Panel driver IC design)
Aptos
(Main Business: Flash Assembly)
Miracle Tech
(Main Business:
Wafer Agent)
8

TMC Group

Taiwan Mask
(Main Business：Mask)
Focus：helping IC design house to search capacity in Foundry FAB
Know-how：helping customers to integrate FAB, testing house to improve the yield, reduce design risk , increase CP value
Locations：Taiwan, China, HongKong, Shenzen
Allied FAB：FABs in Taiwan and Korea
Customers：small and medium sized IC design houses in Taiwan and China
Weida Hitech
(Main Business: Touch Panel driver IC design)
Aptos
(Main Business: Flash Assembly)
Miracle Tech
(Main Business:
Wafer Agent)
9

TMC Group

Taiwan Mask
(Main Business：Mask)
Focus: Touch panel driver IC (for NB, tablet, AIO, electronic white board and large size LCD Panel)
End Customers: HP, Dell, Samsung and Panel makers
Locations: HsinChu, ShangHai
Weida Hitech
(Main Business: Touch Panel driver IC design)
Aptos
(Main Business: Flash Assembly)
Miracle Tech
(Main Business:
Wafer Agent)
10

TMC Group

Taiwan Mask
(Main Business：Mask)
Focus：Flash Assembly
Customers: Phison, Essencore(Hynix)
Location: Chu-Nan, Hu-Ko
Weida Hitech
(Main Business: Touch Panel driver IC design)
Aptos
(Main Business: Flash Assembly)
Miracle Tech
(Main Business:
Wafer Agent)
11

Market Research??in Mask Industry

12

2018 Global Mask Revenue

Global semiconductor revenue in 2018 is USD 468.8 billion (NTD 14 trillion)
Growth rate is 14% compared to Year 2017

Mask is 13% of total semiconductor materials cost
2018 mask revenue is USD 4 billion(NTD 121 billion)

13

2018 Merchant Mask House Revenue

2018 merchant mask house revenue is 36% of total mask house, and growth rate is 1% compared to 2017

2018 merchant mask house revenue is USD 1.45 billion(NTD 43.6 billion)
14

Merchant Mask House % by Geometry

2017 mature process (>45nm) is 87%
2018 mature process is lower to 69%
Advanced process (<45nm) % increased aggressively

15

Regional Mask Market

2018 global mask revenue is USD 4 billion, 2019 expected to grow 2.6%, 2020 expected to grow 3.4%
Taiwan mask houses are in leading position of mask market
16

Strategic Planning in 2019

Invest in new equipments:
Product Technology: 65nm~40nm
Equipments: Writers, inspectors, mask repair equipments, cleaners…
Investment amount: around NT $ 2 billion
Move-in schedule: 2019 Q3~2020 Q1
Mass production: in 2020
Develop new customers:
Tied-up with foundry FAB
Develop new customers in China
Provide advanced technology mask service
Group synergy:
TMC moves to advanced technology
Miracle plays the role of connecting the whole semiconductor industry
Weida plans to consolidate Miracle wafer agent and Aptos assembly technology to provide SIP(System in Package) turnkey solutions to our customers
Aptos is expected to expand its product line outside flash assembly, like finger-print identification assembly, automobile sensor assembly and power management assembly