旺矽科技股份有限公司 (6223.TT)

旺矽科技股份有限公司 (6223.TT) Credit Suisse 17th Annual Asian Technology Conference Presentation Disclaimer The information herein contains forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Although we believe that these expectations and projections are reasonable, such forward-looking statements are inherently subject to risks, uncertainties and assumptions about us, including, among other things: the intensely competitive Semi-conductor, and LED industries and markets; Cyclical nature of the semiconductor industry; Risks associated with global business activities; General economic and political conditions. All financial figures discussed herein are prepared pursuant to IFRS. All audited figures will be publicly announced upon the completion of our audited process. 1

公司簡介 Founded July, 25, 1995 Paid-in Capital NTD$ 796M (216.7.31-the latest ) Employees 148 (216.7.31) 營業內容 216' Q2 79% 18% 3% 216' Q1 67% 3% 3% 215' Q4 71% 27% 2% 215' Q3 66% 33% 1% % 1% 2% 3% 4% 5% 6% 7% 8% 9% 1% Probe card LED New Business Unit 2

營收分布 Rest of Europe NT$ MM Asia Europe 3% 7% Taiwan 15% China 52% 1% Rest of China Asia 5% 8% USA 19% Taiwan 4,5 4, 3,5 213 214 215 216 Q2 Malaysia 23% 216 Q2 LED Equipment Div. 68% 216 Q2 Probe card Div. 3,969 3,788 3, 2,787 2,5 2, 1,876 1,697 1,884 1,519 1,5 142 958 1, 81 783 576 581 42 356 5 297 176 27 298 182 15 11 43 51 57 64 5 71 Taiwan China Sigapore EU USA RoW Total 216 Q2 55.3% 15.7% 2.3% 2.6% 14.3% 9.8% 1% 議程 Business Contents Semi-conductor (Probe Card) Photonics Automation (LED) RF Probe & AST Thermal Financial Statements 3

半導體事業部 ( 探針卡 ) Credit Suisse 17th Annual Asian Technology Conference 前十大 Probe Card 供應商 (29-215) (Rank) 29 21 211 212 213 214 215 FormFactor, Inc. USA 1 1 2 2 1 1 1 Micronics Japan Co., Ltd. Japan 2 2 1 1 2 2 2 Technoprobe Italy 4 4 4 4 3 3 3 Japan Electronic Materials Japan 3 3 3 3 4 4 4 MPI Corporation Taiwan 6 5 6 6 5 5 5 Cascade Microtech USA 8 1 1 8 8 7 6 SV TCL Singapore 5 6 8 9 1 9 7 Will Technology Korea 7 7 7 5 6 1 8 Korea Instrument (KI) Korea 1 8 5 7 9 6 9 Microfriend Korea 9 9 9 1 7 8 1 Source: MPI/VLSI 4

產業併購 Cascade stockholders to receive per share1: Cash of $16..6534 shares of FormFactor Stock Total consideration value of ~$21.132 ~$352M of total consideration to Cascade stockholders Founded in 1993 Headquartered in Livermore, CA FY 215 Revenue of ~$282M ~95 Employees Leadership in production probe card for: Microprocessors, Application processors, SoCs DRAM Locations in 8 countries Founded in 1983 Headquartered in Beaverton, OR FY 215 Revenue of ~$144M ~5 Employees Leadership in: RF Production Probe Cards Engineering Probe and Probe Systems Locations in 6 countries 出貨產品結構及主要客戶 9% 8% 78% Top 2 94% 7% 71% 71% 7% 6% 5% Top 15 91% 4% 3% 2% 21% 28% 28% 29% Top 1 86% 1% % 1% 1% 1% 1% 15'Q3 15'Q4 16'Q1 16'Q2 LCD Driver IC Logic Niche Memory Top 5 75% % 2% 4% 6% 8% 1% 5

CPC 月出貨針數及月接單出貨比 PIN 6, 5, 4, 1.4 1.14 1.28.98 214 215 216 B/B Ratio 1.11 1.6 1.4 1.2 1. 3,.69.74.8 2,.6.4 1,.2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec. VPC 月出貨針數及月接單出貨比 PIN 5, 214 215 216 B/B Ratio 1.6 4, 3, 1.11 1.35.98 1.11 1.14 1.24 1.49 1.4 1.2 1..8 2,.6 1,.4.2 Jan. Feb. Mar Apr May Jun Jul Aug Sep Oct Nov Dec. 6

213~216 年 CPC 及 VPC 成長趨勢 PIN 6,, 5,, 4,, 65.6% 61.9% 61.4% 3,, 2,, 34.4% 38.1% 38.6% 49.5% 5.5% 1,, 213 214 215 216 Q2 競爭對手毛利率比較 6% 5% 49.7% 49.1% 47.% 42.2% 46.2% 46.6% 45.4% 4.8% 44.5% 46.7% 4% 3% 2% 1% % 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 FFI MJC JEM MPI 7

競爭對手營益率比較 3% 2% 19.% 1% 7.6% 14.6% 9.9% 1.4% 1.7% 9.% 6.9% 13.7% % 1.8% -1% -2% -3% 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 FFI MJC JEM MPI 發光二極體事業部 (LED) Credit Suisse 17th Annual Asian Technology Conference 8

LED 磊晶製程 LED 潛在市場 9

215 LED 發展概覽 215 M&A 215 M&A 19% 33% 51% 3% 16% 51% EPI Packaging Lighting Cross-Industry Horizontal Integration Vertical Integration 216 每月出貨數量 Unit 25 215 216 2 196 18 15 13 139 14 18 18 1 73 81 5 49 43 37 38 3 26 16 16 1 7 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1

216 年出貨國別比率 Unit 2 173 Taiwan China 15 136 Over Sea 1 98 77 5 35 54 1 13 16 8 8 3 6 2 4 3 2 2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 新產品事業部 (RF Probe & AST ) Credit Suisse 17th Annual Asian Technology Conference 11

目標客戶 *IDM: Integrated Device Manufacturer. **OSAT: Outsourced Semiconductor Assembly and Test 目標產業 Electronics Defense/ Aerospace Biomedical/ Pharmaceutical Automotive Semiconductor Telecom/ Fiber Optic 12

RF Probe 產品概覽 AST 產品概覽 13

Thermal 產品概覽 http://www.mpi-thermal.com/media/ 財務報表 Credit Suisse 17th Annual Asian Technology Conference 14

資產 Amount: NT$ Million 2Q 216 2Q 215 Cash and Cash Equivalents 61 8% 49 9% Fixed Assets 3,54 48% 2,973 48% Total Assets 7,445 1% 6,199 1% LT Debt 245 3% 53 1% Shareholders' Equity 3,634 49% 3,569 58% EBITDA 241 221 *EBITDA=operating income + depreciation & amortization expenses 營收 NT$1, 216 Q2 215 Q2 Net Sales 2,2,552 1% 1,95,693 1% Cost of Goods Sold 1,193,941 54% 1,45,243 54% Gross Profit 1,6,611 46% 95,45 46% Operating Expense 767,143 35% 71,331 36% Operating Income 239,625 11% 26,592 11% Investment Income & Others 1,55 14,541 Net Income (before tax) 2,857 9% 176,179 9% EPS (before tax) 2.56 2.22 Net Sales NT$ 1, 5, 4, 3, 2, 1, 213 214 215 216 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 15

研發費用, 資本支出及折舊 R&D Expenses CAPEX and Depreciation Expenses NT$ 1, 9, 8, 7, 6, 19% R&D % of Total Sales 2% 18% 18% 19% 3% 25% 2% NT$ million 1,2 1, 8 Capex Depreciation Expenses 1,73 5, 4, 3, 2, 1, 15% 1% 5% 6 4 2 424 49 81 112 83 14 268 234 177 212 213 214 215 216 Q2 % 212 213 214 215 216 Q2 Thank You http://www.mpi-corporation.com 16