AI assistant
TXC — Investor Presentation 2016
Jun 24, 2016
52274_rns_2016-06-24_7afc02b9-1516-42a0-acd5-448a1c49ae16.pdf
Investor Presentation
Open in viewerOpens in your device viewer
rpm w.
==> picture [340 x 109] intentionally omitted <==
----- Start of picture text -----
Think ofFrequcy
Think of
----- End of picture text -----
==> picture [303 x 109] intentionally omitted <==
Investor June, 2016
==> picture [237 x 72] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
Agenda
==> picture [40 x 55] intentionally omitted <==
-
¢ COMPANY VERIW
-
¢ MARKET OUL
-
¢ PRODUCT HIGLS
-
¢ PRODUCT EVLMN
-
¢ FINACL HGT
-
¢
==> picture [40 x 54] intentionally omitted <==
==> picture [40 x 54] intentionally omitted <==
==> picture [39 x 54] intentionally omitted <==
==> picture [40 x 54] intentionally omitted <==
==> picture [40 x 54] intentionally omitted <==
==> picture [40 x 54] intentionally omitted <==
==> picture [252 x 239] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
==> picture [720 x 197] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
About TXC
==> picture [40 x 55] intentionally omitted <==
Founde Yar:1983 Ticker: 3042 2015 Revnu:US$3M Capitl :US$95.3M Market Vlu:US$430.8 Number ofEplys:2,50
(as of2016/)
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
Manufctrig Fles
==> picture [40 x 54] intentionally omitted <==
==> picture [589 x 427] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
Best ChoicFrAlMakSgmn
==> picture [39 x 55] intentionally omitted <==
==> picture [591 x 385] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
Aplicatons
==> picture [663 x 488] intentionally omitted <==
----- Start of picture text -----
Notebk
Mobile Phn Bluetoh Earpn
Personal St Crystal
Hard Dive
Automive
Oscilator
Back drift Ra Crystal
Monitr
Tire PsuSno
Digtal Cmer
Game Consl
Think ofFrequcy,XC
----- End of picture text -----
==> picture [707 x 493] intentionally omitted <==
----- Start of picture text -----
Target Mks
Network, Sag � Low Jiter Smart Hoe, Smart Webl � Smal &Thin
Solutins (Cdmpg,B Energy � Smal &Thin Solutins
Solutins (M2devc)
Super t
Comput ntr
ntr
Design Depart
ntr ment
Smart Medicl � Smal &Thin ion,m e St � Ultra mive to � Hgh Reabty
Solutins. (MedcaDv) ab St uns Solutionsş (connecte
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
==> picture [720 x 197] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
15,
==> picture [626 x 491] intentionally omitted <==
----- Start of picture text -----
Worldwie X‘tal & OscilatorMkeUpd
Worldwie X'ta&OscShpmnY208~17
30%
25% 25%
20%
15%
10%
5%
2% 2% 5%
1% 1%
2% 2% 2% 0%
-5%
9% -10%
-15%
01 2013 2014 2015(f) 2016(e) 2017(e)
ocs)me Source: CS&A 2016
Worldwie X'ta&OscRvnuY208~17
25%
3,5 20% 20%
15%
10%
2,5
1% 5%
1.4%
3% 2% 0%
1,5 6.5% 2% 1%
5% -5%
-10%
14% -15%
-20%
01 2013 2014 2015(f) 2016(e) 2017(e)
oUSD)u(M
Source: CS&A 2016
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
10
Rankig
2015
World
==> picture [40 x 55] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Source: , S&A2016TX
Think ofFrequcy,XC
2015
Crystal &OcioShpngRed
==> picture [39 x 54] intentionally omitted <==
==> picture [484 x 310] intentionally omitted <==
----- Start of picture text -----
Revnu
Share Positn
(USD: M)
&M Crystal 216.3 12.% No.
XO 30 12% No. 3
TCXO 40 7.5% No.
VCXO 14.6 6.% No. 4
<1 <1%
----- End of picture text -----
Source: , S&A2016
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
12
Revnu BrakdowbyMtSgms
ETWORKIG
==> picture [39 x 55] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
==> picture [415 x 434] intentionally omitted <==
----- Start of picture text -----
MIVE TO AU
OTHERS
6% 6% IOT
5% 5%
5% 4%
5%
7%
AT NICOM
24%
25%
37% 36%
19%
16%
LE CPUTNG
----- End of picture text -----
Think ofFrequcy,XC
13
Revnu BrakdowbyPcts
==> picture [40 x 55] intentionally omitted <==
Sensor
==> picture [2 x 13] intentionally omitted <==
----- Start of picture text -----
TCXO
----- End of picture text -----
Others
X‘tal
==> picture [205 x 129] intentionally omitted <==
----- Start of picture text -----
5% 6%
10%
8% 7%
----- End of picture text -----
==> picture [1 x 14] intentionally omitted <==
==> picture [148 x 310] intentionally omitted <==
----- Start of picture text -----
12%
9%
2%
5%
8%
6%
----- End of picture text -----
==> picture [70 x 26] intentionally omitted <==
----- Start of picture text -----
53%
58%
----- End of picture text -----
==> picture [135 x 65] intentionally omitted <==
Hz X‘tal
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
14
Whetr wavknoi, are ldy
ce tu Inf
Inter ofThigs
==> picture [40 x 54] intentionally omitted <==
her
==> picture [462 x 374] intentionally omitted <==
----- Start of picture text -----
rbl
Dvics
The r ofThigs nte
cone tis ar
crt ding a
Medical
vics Tablet btf oi
tp
TXC growthmakes
Smartphone
mive to Au
vs
Smart
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
15
1. Conectivy,wrkadhg
==> picture [9 x 50] intentionally omitted <==
----- Start of picture text -----
TXC
upvd li tore
----- End of picture text -----
==> picture [15 x 53] intentionally omitted <==
----- Start of picture text -----
Minature dTh
• Xtal
• XO
• TSX /CO
----- End of picture text -----
==> picture [112 x 277] intentionally omitted <==
----- Start of picture text -----
Ultra Sbiy
• XO
• VCXO
• S3 TCXO
•
High Relabty
• Xtal
• XO
• TSX /CO
----- End of picture text -----
==> picture [1 x 10] intentionally omitted <==
----- Start of picture text -----
Source: TXC,IDAB
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
16
2. Sensor,admuvythig
==> picture [533 x 408] intentionally omitted <==
----- Start of picture text -----
Vison /Optcal Positn /rec Proximty
Ambient Lgh
Acelration /T
Motin /Velcy
Displacemnt
Tempratu
Electri / Magnetic
TXC
er sfd: mo
r tlauch
Humidty /Mosre
Leaks /
Levls
Acousti /Snd
Vibraton
Chemical /
Force /Lad Flow Gas
Torque /Stain
Presu
----- End of picture text -----
==> picture [1 x 10] intentionally omitted <==
----- Start of picture text -----
Source: TXC,IDAB
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
17
==> picture [720 x 197] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
18
Low niseXOadCrytlf
==> picture [257 x 173] intentionally omitted <==
==> picture [39 x 55] intentionally omitted <==
Audio aplctns
==> picture [448 x 307] intentionally omitted <==
----- Start of picture text -----
XO
Pha
Ç - @;(sie
/16)
•
HiF
Crystal
8MHz (/) 45
MHz (0
----- End of picture text -----
ource: MIZU,
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
19
Smalest ndhigprfocy oscilatr (TCXO)fmphne,wb
==> picture [39 x 54] intentionally omitted <==
==> picture [261 x 316] intentionally omitted <==
==> picture [332 x 329] intentionally omitted <==
----- Start of picture text -----
Crystal
dThi alest n
dThi alest n
5m
TCXO/V
ablygh s π0.5
est: 20
----- End of picture text -----
==> picture [26 x 133] intentionally omitted <==
----- Start of picture text -----
•
3G/4
LTE
•
WiF
•
BT/LE
•
NFC
•
GNS
----- End of picture text -----
==> picture [68 x 37] intentionally omitted <==
==> picture [51 x 30] intentionally omitted <==
==> picture [79 x 28] intentionally omitted <==
==> picture [76 x 18] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
20
Ultra sbiy,hgcundfeq
Infrastuce &Nwokigpl
==> picture [426 x 398] intentionally omitted <==
----- Start of picture text -----
S3 TCXO
Sb π3 Sb π1 0p
raum /E raum 3
as e ce tr
U / microwave
radio
H/ xPON
outeIP er v / ubtem
OLT
Storage / ONET/DH
switch WM
----- End of picture text -----
==> picture [39 x 55] intentionally omitted <==
Oscilator
==> picture [40 x 54] intentionally omitted <==
==> picture [200 x 385] intentionally omitted <==
----- Start of picture text -----
VCXO
a LowJie tr Ul Ç 1
ncy ptoFr 2GHz
XO
a LowJie tr Ul Ç 1
ncy ptoFr 2GHz
Crystal
ablygh S π10
ncy ptoFr 4 MHz
32kHz RTC
ablygh S π5
atu mp nsatdComp
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
21
High relabtycsndompwAEC Q10 and2forutmiveplcs
==> picture [39 x 54] intentionally omitted <==
==> picture [41 x 55] intentionally omitted <==
==> picture [186 x 242] intentionally omitted <==
----- Start of picture text -----
V2X, 80.1p
----- End of picture text -----
==> picture [407 x 224] intentionally omitted <==
==> picture [456 x 111] intentionally omitted <==
----- Start of picture text -----
Crystal (AEC Q20) XO (AEC Q10) TCXO
l Cn: 40~105¹C
Gla 40~150¹C Seam: 40~105¹C
40~125¹C
Notes 40~85¹C / G2: 40~105¹C / G1: 40~125¹C / G0: 40~150¹C
----- End of picture text -----
==> picture [173 x 56] intentionally omitted <==
----- Start of picture text -----
TCXO (AEC Q10)
40~105¹C
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
Smalest 3in1AL+Porbycpkg
IR isolatnhreduc
==> picture [665 x 362] intentionally omitted <==
----- Start of picture text -----
ALS+P ensor
PA12/ CombAient
Light +ProxmySens
•
Size:
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
23
==> picture [720 x 197] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
24
==> picture [694 x 478] intentionally omitted <==
----- Start of picture text -----
Product Ramp
Seam = Seam l
Glas =Se
2016 2017 2018
∑50 G1 ∑0 (G) ∑62 (G) ∑50 G1
∑016 G
MHz Crystal ∑62 Gla 5 (G0) 16 (G) (G) ∑8 Crystal
62 (G) ∑20 Seam 62 (G0)
MHz Crystal ∑2016 TSX CPTSX A
Thermisto ∑62 TSX
KHz Crystal ∑ RTC SOP04(G2) ∑ RTC 3
∑ 503 (G) ∑ 35 (G1) ∑ 5032 (G1)
∑5 (G) ∑ 206 (G)
XO/MS
∑50 (G3) ∑50 (G1) ∑ (G) ∑62 (G)
∑ 2016 (G3)
∑MHz) (~
VCXO ∑ (~MHz) ∑(GHz) 2 ∑5 (GHz)
∑~MHz) ( ∑5 (2GHz)
∑5 (G) ∑5 S 3 (G2) ∑5 (G1)
TCXO ∑5 S 3 (G2) ∑50 (G1)
∑50(G) 5 TCXO
∑016(G) ∑ (G) ∑6 (G)
∑3627 SC Cut
∑5 SC Cut
OCX ∑SC 25 Cut ∑5 SC Cut
∑1409 AT Cut
∑L() PS 50 ∑ RGB Sensor ∑ Pul Snor
∑ 4509 L(2 PS ∑ P res ∑ SenorGa
Sensor
∑ 3 Axis E compa ∑ 4509 P(wide) AL ∑ 3 Axis E compa
∑S(A4)50 ∑ 3 Axis E compa
Product Size
----- End of picture text -----
flcnr
==> picture [69 x 25] intentionally omitted <==
25
Think ofFrequcy,XC
==> picture [676 x 482] intentionally omitted <==
----- Start of picture text -----
Technolgy Radmp
Presnt 2016 2017 2018
Quartz Blank ∑ High Sped Bvling Ultra HighSpedBvn
(Mechanil ∑ HF Laping Plate HFching+os
Proces) Double RtainC
∑ Dep Etch
Quartz Blank Bi Mesa (ForLw Invertd Msa
∑ Invertd Mesa (20
(MES Proces) MHz &Smalie) (up to40MHz)
∑ Discret Olao& Oven Cotrl OCX ASI
Circuts
∑ Temp Compensati ( 40~15) High Temp Co( 40~125) w/uniqe algorithm
(Algorithm)
∑ 3OT / PL Ultra owphseniPL
∑ Metal Seal � Kovar Seam/ AuSn Glas Vacum Seal
Sealing ∑ Glas Seal Low streDicSam
Minature pckg
∑ Metalic d
Packgin ∑ HTC Packge withmbdr
Wafer l evl rim &packge(WLP)
Design Tols : D Finte Elm(Sruca/ThEletomgni
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
26
New divrsf:MnatuP2.5Sobycm packged, tniforTwUSAChJ and Ii.EgersmplvbyQ42016
==> picture [39 x 55] intentionally omitted <==
icule icule sig Fltr ectr ator frnc ator
Signal Proce Wir Module
PM2.5 Sensor/dul
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
27
==> picture [720 x 197] intentionally omitted <==
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
28
Revnu Trd
==> picture [10 x 10] intentionally omitted <==
t: $NTM
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
29
Gros PfitTend
Unit: $NT in
==> picture [10 x 10] intentionally omitted <==
==> picture [675 x 402] intentionally omitted <==
----- Start of picture text -----
28.9%
25.3%
Gro 24.3% 24.6%
Margin 25.0%
4.% 24.0%
23.5%
3.Q 13.Q2 13.Q4 4.Q 14.Q2 14.Q3 5.Q 15.Q2 15.Q3 15.Q4 6.Q
2013: 2014: 2015:
2,194 ,35
.5%) (+6.24%) 4.12%)
Gro
609 634 630 610
Profit 7 549 579 581
509 491
3.Q 13.Q2 .Q 13.Q4 14.Q2 14.Q3 .Q 5.Q 15.Q2 15.Q3 15.Q4 6.Q
13.Q 13.Q2 13.Q 13.Q4 14.Q 14.Q2 14.Q3 14.Q 15.Q 15.Q2 15.Q3 15.Q4 16.Q
Gros Pfit(Q) -23.6% 8.4% -1.6% -1.4% -7.3% 13.8% 5.2% 4.1% -15.9% -7.9% 18.3% 8.4% -3.2%
Gros Pfit(Y) .% -8.9% -18.3% -19.6% -2.5% 2.3% 9.3% .% 4.7% -15.2% -4.6% -0.6% .%
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
30
Net ProfiTnd
==> picture [10 x 10] intentionally omitted <==
t: $NTM ni
==> picture [1 x 11] intentionally omitted <==
----- Start of picture text -----
Net
----- End of picture text -----
==> picture [2 x 14] intentionally omitted <==
----- Start of picture text -----
Margin
----- End of picture text -----
Profit
==> picture [652 x 389] intentionally omitted <==
----- Start of picture text -----
10.6% 10.7%
10.3%
10.8%
10.2% 10.6% 10.4% 10.2%
3.Q 13.Q2 13.Q4 4.Q 14.Q2 14.Q3 5.Q 15.Q2 15.Q3 15.Q4 6.Q
2013: 2014: 2015:
450 935 938
Net
18.62%) (+6.42%) 5.72%)
350
286
264 268 263 254
4 4
250 209 0 1 6
150
50
3.Q 13.Q2 .Q 13.Q4 4.Q 14.Q2 14.Q3 .Q 5.Q 15.Q2 15.Q3 15.Q4 6.Q
13.Q 13.Q2 13.Q 13.Q4 14.Q 14.Q2 14.Q3 14.Q 15.Q 15.Q2 15.Q3 15.Q4 16.Q
Net Profi(Q) -35.9% 5.3% .% -8.3% -8.3% 9.0% 10.7% -1.9% -16.0% -1.% 1.% .2% .0%
Net Profi(Y) 5.0% -15.7% -27.3% -25.8% 6.2% .% 1.5% 8.7% -0.5% -26.9% 6.7% -3.4% 2.3%
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
31
Finacl Hghts
==> picture [40 x 55] intentionally omitted <==
==> picture [266 x 149] intentionally omitted <==
----- Start of picture text -----
27.85
7.0
4.5
23.94
.1
19.63
18.09
----- End of picture text -----
==> picture [1 x 32] intentionally omitted <==
----- Start of picture text -----
ROA%
ROE%
----- End of picture text -----
==> picture [2 x 13] intentionally omitted <==
----- Start of picture text -----
201
----- End of picture text -----
==> picture [193 x 13] intentionally omitted <==
----- Start of picture text -----
201 2013 2014 2015
----- End of picture text -----
==> picture [302 x 326] intentionally omitted <==
----- Start of picture text -----
3.79
3.48
3.21
,50
3.02 .0
1,
935 938
----- End of picture text -----
==> picture [1 x 13] intentionally omitted <==
----- Start of picture text -----
201
----- End of picture text -----
==> picture [182 x 41] intentionally omitted <==
----- Start of picture text -----
201 2013 2014 2015
t IncomT$M
----- End of picture text -----
==> picture [69 x 25] intentionally omitted <==
Think ofFrequcy,XC
32