2006 2006 : : Date: 2006. 07. 20. 2 Red Ocean Competition Wintech Overview Business Update Y2006-2008 Perspectives Contents.

文 曄 科 技 文 曄 科 技 20020066 第二季法人說明會第二季法人說明會

報告人報告人 : : 鄭文宗 總經鄭文宗 總經理理

Date: 2006. 07. 20Date: 2006. 07. 20

2

Red Ocean

Competition

Wintech Overview

Business Update

Y2006-2008

Perspectives

Contents

3

1. Red Ocean Competition1. Red Ocean Competition

A. DTAM in APAC

Growing Significance of Asian Semi Market

(US$) 2005 2006(F) 2010(F)

WW SC TAM 235B 253B 321B

WW SC TAM in APAC 118B 134B 186B

30% DTAM in APAC 35B 40B 56B

WPG’s Sales 3.6B

WPG’s Mkt Share in APAC 10%

OtherRegions

20052003

2001

1991

1984

Y2003: 8%Y2004: 8%

6%

15%

29%

46%50.2%

Y2005/10CAGR

WW: 6.5%

Asia/Pac: 9.2%

4

DTAM keeps increasing vs. direct sales decreasing

Top 5 Dists will take more than 70% of market shares

in Y2008.

Arrow, Avnet continue the great performances on

earning.

Asia Dists focus on expanding the infrastructure and

revenue growth in the past 5 years but lack the

management of profit and ROI.

No significant winner in Asia

1. Red Ocean Competition1. Red Ocean Competition

B. Competition in Asia

5

Highlight TAM and DTAM continue to increase throughout Asia. Communication and consumer products will be the key

marketing opportunities in the years to come. Product differentiation and performance driven are the

key trend in the consumer and communication market segment.

Product differentiation and performance driven create the opportunities for profit in the supply chain.

Lowlight The rise in interest rate resulted in greater costs. PC customers are operating with increasingly low

margins. The inventory management is getting more difficult

due to the product differentiation.

1. Red Ocean Competition1. Red Ocean Competition

C. Opportunities & Challenges

6

Shanghai, ChinaOffice

Chengdu,China

Office

Nanjing, ChinaOffice

Beijing, ChinaOffice

QingDao, ChinaOffice

Bangkok, ThailandOffice

India Office

Hangzhou, ChinaOffice

Shenzhen,China

Office

Hong KongOffice

Taipei, TaiwanOffice

Hsinchu, Taiwan R&D

Penang, MalaysiaOffice

SingaporeOffice

Seoul, KoreaOffice

Xiamen, ChinaOffice

2. Wintech Overview2. Wintech Overview

A. Offices Across Asia

7

Completed Intranet System

上海SH

台北

TW

新竹SHC

香港HK

成都CD 深

圳SZ

北京BJ

蘇州SU

新加坡SG

韓國

Korea

馬來西亞Malaysia

泰國Thailand

印度

India

福州FZ

廈門

XM

杭州HZ

武漢

WH

青島QD

南京NJ

2. Wintech Overview2. Wintech Overview

B. Integrated Supply Chain Management

8

SAP implementation by Oct, 2003.

B to B Business model with key suppliers and Customers.

Serve all JIT/BTO/VMI program.

Own Singapore, HK, Shanghai, Taiwan warehouse.

2. Wintech Overview2. Wintech Overview

B. Integrated Supply Chain Management

9

Improves delivery performance

Reduce inventories

Improve fulfillment cycle times

Lower supply chain cost

Shorten time-to-market.

2. Wintech Overview2. Wintech Overview

B. Integrated Supply Chain Management

10

Shanghai, ChinaOffice

Hong KongOffice

Taipei, TaiwanOffice

SingaporeOffice

Shipping Origins

B. Integrated Supply Chain Management

11

(1) Design Services – System Level

SZ and Hsin Chu design services center.

ADSL Router, PMP, Set-Top Box, Giga Switch, MPEG-

4 Capture Card, MP3 Player and CPU Power Modules.

(2) FAE Support – Component Level

Experienced engineers dedicating for suppliers

Optimal solution suggesting

Application consulting

Board level debugging and manufacturing assistance

2. Wintech Overview2. Wintech Overview

C. Excellent Application Support

12

ST14%

FSC18%

MVL23%

IR3%

ON3%

Altera0%

Others13%

ADI1%

TI25%

TI

ST

FSC

MVL

ADI

IR

ON

Altera

Others

Product TI ST FSC MVL ADI IR ON Altera Others Total

NR (US$M) 117.6 69.1 84.5 107.3 6.5 15.4 15.5 0.9 64.5 481.3

3. Business Update3. Business Update

A. Y2006 1H Resale by Brand

13

3. Business Update3. Business Update

單位：新台幣仟元

B. Financial Overview

項目

營業收入 29,692,109 100.00% 7,762,821 100.00% 7,671,103 100.00% 15,433,924 100.00%

營業成本 28,244,887 95.13% 7,263,433 93.57% 7,129,953 92.95% 14,393,386 93.26%

營業毛利 1,447,222 4.87% 499,388 6.43% 541,150 7.05% 1,040,538 6.74%

營業費用 1,079,829 3.64% 244,961 3.16% 255,599 3.33% 500,560 3.24%

營業淨利 367,393 1.24% 254,427 3.28% 285,551 3.72% 539,978 3.50%

業外損益 (244,784) -0.82% (51,125) -0.66% (103,421) -1.35% (154,546) -1.00%

稅前純益 122,609 0.41% 203,302 2.62% 182,130 2.37% 385,432 2.50%

( )所得稅利益 費用 5,650 0.02% (47,540) -0.61% (24,132) -0.31% (71,672) -0.46%

會計原則變動累積影響數 0 0.00% (28,836) -0.37% 0 0.00% (28,836) -0.19%

( )少數股權淨損 利 39,630 0.13% (5,352) -0.07% (4,588) -0.06% (9,940) -0.06%

稅後淨利 167,889 0.57% 121,574 1.57% 153,410 2.00% 274,984 1.78%

2005年 2006年第一季 2006年第二季(合併自結) 2006年上半年合計

14

A. Overview

1994 – 2000 Survived

2001 – 2005 To Be the Player

2006 – 2008 To Be the Excellent Player

4. Y2006-2008 Perspectives4. Y2006-2008 Perspectives

15

Organic Growth – 25%

Acquisition

4. Y2006-Y2008 Perspectives4. Y2006-Y2008 Perspectives

B. Sources of Growth

16

3 9 25 40 5078

160

477

330

250

920

420

720

0

200

400

600

800

1000

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20061H

Group NR Total

NR(M$)

4. Y2006-Y2008 Perspectives4. Y2006-Y2008 Perspectives

17

5.84%

4.90%

6.74%6.78%

7.87%

6.13%

3.82%

4.48%4.84% 3.60%

3.24%3.96%

3.03%3.50%

1.30%

2.02%

2.23%2.17%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

2001 2002 2003 2004 2005 2006 1H

(%)毛利率 (%)費用率 (%)營業利益率

ITEM 2001 2002 2003 2004 2005 2006 1H

毛利率 6.13% 7.87% 6.78% 5.84% 4.90% 6.74%

費用率 3.96% 4.84% 4.48% 3.82% 3.60% 3.24%

營業利益率 2.17% 3.03% 2.30% 2.02% 1.30% 3.50%

4. Y2006-Y2008 Perspectives4. Y2006-Y2008 Perspectives

C. GP and Expense

18

Wintech Microelectronics Co., Ltd.

Website : www.wtmec.com

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