ELAN Microelectronics Corp.

義隆電子
ELAN Microelectronics Corp.
ELAN Microelectronics Corp.
2Q15 Investor Conference
2015/08/04
1
義隆電子
ELAN Microelectronics Corp.
Sales Breakdown by Product Line
(Consolidated)
Sales: NT$M 7,795 7,686 1,706 2,113
2,001 1,866 1,684
1,519
• Touch: Touchscreen Chip, Touchpad, Fingerprint ID
• Non-touch: MCU, PC Peripheral , Consumer, Pointing Stick, Affiliated Co. Products
2
義隆電子
ELAN Microelectronics Corp.
2Q15 Income Statement
YoY Comparison (Consolidated)
NT$M
Sales
Gross profit
Sales expense
G&A expense
R&D expense
Operating profit
Non-operating income & exp.
Profit before tax
Net profit
2Q15
1,519
643
78
80
303
182
(2)
180
144
%
100
42
5
5
20
12
(0)
12
10
2Q14
2,113
985
162
86
309
428
107
535
440
Belong
Parent company
Non-Controlling Interests
160
(16)
462
(22)
* EPS (NT$)
0.38
1.12
%
YoY(% )
100
(28)
47
(35)
8
4
15
20
(57)
5
25
(66)
21
(67)
(66)
* Based on the current 441 million shares (Unreviewed)
* Based on the weighted average number of shares outstanding
3
義隆電子
ELAN Microelectronics Corp.
2Q15 Income Statement
QoQ Comparison (Consolidated)
NT$M
Sales
Gross profit
Sales expense
G&A expense
R&D expense
Operating profit
Non-operating income & exp.
Profit before tax
Net profit
2Q15
1,519
643
78
80
303
182
(2)
180
144
%
100
42
5
5
20
12
(0)
12
10
1Q15
1,684
782
99
81
315
287
(9)
278
222
Belong
Parent company
Non-Controlling Interests
160
(16)
246
(24)
* EPS (NT$)
0.38
0.59
%
100
46
6
5
19
16
0
16
13
QoQ(% )
(10)
(18)
(37)
(35)
(35)
(36)
* Based on the current 441 million shares (Unreviewed)
* Based on the weighted average number of shares outstanding
4
義隆電子
ELAN Microelectronics Corp.
1H15 Income Statement
YoY Comparison (Consolidated)
NT$M
Sales
Gross profit
Sales expense
G&A expense
R&D expense
Operating profit
Non-operating income & exp.
Profit before tax
Net profit
1H15
3,203
1,425
177
161
618
469
(11)
458
366
%
100
45
6
5
19
15
(0)
15
12
1H14
3,819
1,769
261
166
605
737
158
895
735
Belong
Parent company
Non-Controlling Interests
406
(40)
782
(47)
* EPS (NT$)
0.97
1.90
%
100
46
7
4
16
19
4
23
19
YoY(% )
(16)
(19)
(36)
(49)
(50)
(49)
* Based on the current 441 million shares (Unreviewed)
* Based on the weighted average number of shares outstanding
5
義隆電子
ELAN Microelectronics Corp.
Balance Sheets
Jun. 30, 2015 (Consolidated)
NT$M
Current assets
Cash and cash equivalents
Current financial assets
A/R&A/N
Inventory
Other current assets
Other current financial assets
Non-current financial assets
Fixed assets
Other non-current assets
Total Assets
Current liabilities
Non- current liabilities
Total Liabilities
Capital stock
Capital surplus
Retained earnings
Other equity interest
Treasury stock
Non-controlling interests
Total Stockholders' Equity
8,070
2,370
552
1,092
1,199
25
2,832
1,282
641
351
10,344
3,214
507
3,721
4,411
923
1,552
205
(481)
13
6,623
(Unreviewed)
6
義隆電子
ELAN Microelectronics Corp.
Cash Flow Statement
Jun. 30, 2015 (Consolidated)
NT$M
Income before tax
458
Dep & Amort.
74
Dec.(Inc.) of A/R & N/R
195
Dec.(Inc.) of inventory
(4)
Dec.(Inc.) of investments-trading
76
Others
(137)
Operating cashflow
662
Inc.F/A
(12)
Dec.(Inc.) of investments
(31)
Dec.(Inc.)Time deposit with maturity over three-month
533
Acquisition of intangible assets
(11)
Others
Investment cashflow
7
486
Inc.(Dec.) in short-term loans payable
72
Inc.(Dec.) in guarantee deposits
(9)
Financing cashflow
63
Change in cash
1,211
Beg. Cash
1,159
End Cash
2,370
(Unreviewed)
7
義隆電子
ELAN Microelectronics Corp.
ELAN, Enabling SmartTM Devices
2-in-1 & NB







Smart-TouchscreenTM
Any Pen/Active Pen
Smart-PadTM
Smart-Pointing StickTM
Smart-LightingPadTM
Smart-IDTM Pad
Smart-Force PadTM
Tablet






Smart-TouchscreenTM
Any Pen
Smart-Active PenTM
Fingerprint Smart-IDTM
Smart-GestureTM
Smart-ForceTM
Smart Phone






Smart-TouchscreenTM
Any Pen
Smart-Active PenTM
Fingerprint Smart-IDTM
Smart-GestureTM
Smart-ForceTM
8
義隆電子
ELAN Microelectronics Corp.
Newly Launched Smart Phones with
Smart-TouchscreenTM
Sony
E4g 4.7”
Sony
E4 5”
LG
X160C4 5”
Sony
Xperia C4 5.5”
9
義隆電子
ELAN Microelectronics Corp.
Smart-TouchscreenTM Single Layer MultiTouch Solution for Ultra-Slim Border Feature
Caterpillar Sensor Pattern
Sony C5 Ultra 6”
10
義隆電子
ELAN Microelectronics Corp.
Pen Input Trend



Microsoft Surface Line is heavily invested in Pen Input and transitioning
to Active Capacitive with their release of Generation 3 Surface Pro
The market demand is for scalability, with Electro Static as the optimal
pen technology
INTEL proposal of Universal Pen Concept
Active Stylus
11
義隆電子
ELAN Microelectronics Corp.
Distinguished Tablet Models with
Smart-TouchscreenTM
ACER Citizen
2.0mm Passive Stylus
ASUS Z380KL/K/C/CG
On Cell Multi-Touch
12
義隆電子
ELAN Microelectronics Corp.
ELAN’s Smart-TouchscreenTM Solution:
Touch, Passive, and Active Pen on 2-in-1
HP Spectre x360
Dell Inspiron 13 7000 Series
HP Pavilion x360 Convertible
Passive stylus
Demo
And many more to come
with Win 10!
13
義隆電子
ELAN Microelectronics Corp.
Touch NB Percentage by Type
14
義隆電子
ELAN Microelectronics Corp.
ELAN’s Universal Pen/Touch Goal
Pen 1
Pen 2
Pen 3
Passive Pen
USI
Universal Controller
Smart
Phone
Tablet
ELAN Touch
Solution
AIO
NB
15
義隆電子
ELAN Microelectronics Corp.
Phone model
Iphone5S/6/6+
Meizu MX4 Pro
Samsung S6
Huawei Mate 7
OPPO N3
LeTv Max
Alg. vendor
Authentec
Goodix
Egis
PB
PB
PB
Sensor Vendor
Authentec
(apple)
Goodix
Synaptics
FPC (1020)
FPC (1021)
FPC 1025
Pixel Array
88*88
96*96
144 * 64
192*192
160*160
160*160
HTC M9+
Nubia Z9
Coolpad
TipTop Pro
OPPO R7+
Gionee E8
PB
PB
PB
PB
PB
PB
PB
FPC1150
FPC(1140)
FPC1025
FPC1025
FPC1021
FPC1025
FPC1155
208*80
192*56
160 * 160
160 * 160
160 * 160
160 *160
208* 80
Huawei Honor 7 Meizu MX5
16
義隆電子
ELAN Microelectronics Corp.
Finger Print Reader Location
17
義隆電子
ELAN Microelectronics Corp.
ELAN’s Smart-IDTM Module
Fingerprint sensor module
• FAC-120S/120C
Capture area: 6x6 mm
• FAC-160S
Capture area: 8x8 mm
Silver
Gold
White
Black
• FAC-820R
Capture area: 4x10.5 mm
• FAC-519R
Capture area: 2.6x9.8mm
•
Specially formulated Epoxy resin and SiP
packages available in surface staining,
and the hardness is Mohs 6H of synthetic
material, with advantage that the acid and
alkali, and resistance to scratch.
18
義隆電子
ELAN Microelectronics Corp.
FPR Comparison Table
ELAN
FPC
Surface
Coating / Sapphire
Coating
Algorithm
Startek / PB
PB
Sensor Size
(Pixel Array)
FAC-120S (120*120)
FAC-120C (120*120)
FAC-160S (160*160)
FAC-820R (80*208)
FAC-519R(56*192)
FPC1020 (192*192)
FPC1021 / FPC1025 (160*160)
FPC1150 / FPC1155 (80*208)
FPC1140 / FPC1145 (56*192)
FPC1022 / FPC1035 (88*112)
PKG type
SiP(system in package)
No external components
FPC2050 enhance IC
ESD
15KV air W/O bezel
Bezel is needed
Hardness
6H
5H
Noise Immunity
Excellent
Noise-Sensitive
Process
0.35u 5M
0.18u 6M
New Feature
Under Glass
NA
19
義隆電子
ELAN Microelectronics Corp.
Smart-IDTM Business Models
1. Wafer ( Die )
2. LGA Package
3. Molding Strip
20
義隆電子
ELAN Microelectronics Corp.
Q&A