Silergy Corp. (Stock Symbol:6415) March 21, 2018
Profile Company Name:Silergy Corp. Founded in 2008 Chairman & CEO:Wei Chen Headcounts:648(as of February 28, 2018) Product:Analog IC Shares:87.73M (as of December 31, 2017) SILICON ENERGY- POWERING THE FUTURE 2
Milestones Silergy Incorporated Silergy US subsidiary Incorporated Silergy - Hangzhou subsidiary Incorporated 2008 Mass production 2009 Industry First 6V,2A,1MH z Sync Buck IC in SOT23 Industry First 6V,3.5A,1M Hz Sync Buck IC in DFN3x3 ISO9001 Certification Silergy Hangzhou High-Tech company certification in China IC design house certification in China 2010 World s Smallest dual 6A smart load switch in DFN2x2 Industry First 30V/2A/1M Hz Buckboost MR16 LED Lighting Driver 2011 World s smallest 6V/6A/1M Hz Sync Buck in DFN2x2 Industry First PFC/PSR/Q RC Isolated LED Lighting Controller In SOT23 IPO at Taiwan Redherring Gobal Top 100 Award Silergy- NanJin g subsidiary Incorporated 2012 Industry First PFC/PSR/QRC Isolated LED Lighting Driver with integrated MOSFET in SO8 (2012 China Innovation Award by Ministry of Industry and Information) World s smallest 18V/5A Sync Buck IC in SOT23-6 2013 Industry First Sync Boost 6A input Smart Charger in DFN3x3 Industry s Smallest 6A input Sync Boost IC in DFN2x2 2014 Industry First Triac Dimmable MR16 LED driver Industry First DFN4x4 30V/15A Synchronous Boost Regulator 2015 Industry First Motor Driver in SOT23 Industry First High Efficiency MOS Integrated 6.78MHz Wireless Charging Transmitter IC 2016 Industry Smallest PFC Triac Dimmable LED Driver with integrated 500V MOSFET in SOT23 package Industry First Dual Output DCDC Regulator in SOT23 package 2017 Industry first inductorless high efficiency Triac Dimmable LED Drive Industry smallest 28V/10A 4-switch Monolithic buckboost converter IC in QFN4x4 Industry Smallest High Efficiency SSD PMIC in 3.2x3.2 size Industry Smallest QFN4x4 20W Power Bank PMIC Supporting Fast Charging for Smart Phones Industry Smallest QFN2x2 5A OVP/OCP Protection Switch with Reverse Input Voltage Protection SILICON ENERGY- POWERING THE FUTURE 3
Chairman/CEO/ President Board of Directors Name Share % Issac Chen 8.17 Director/CTO Albert You 4.29 Director 施君徽 (Ryan Shih) - Director 楊光智 (David Yang) - Independent Director Independent Director Independent Director 柯順雄 (Eric Ko) - 蔡永松 (Daniel Tsai) - 李鴻基 (Alex Lee) - Total 12.46 SILICON ENERGY- POWERING THE FUTURE 4
Management Team Title Name Expr Expertise Experience CEO/ President Issac Chen, PhD 21 System Architect PhD, EE, from Virginia Tech Applications Manager, Linear Technology Corp. VP of System and Apps, Monolithic Power System 21 years industry experience CTO Albert You, PhD 16 Semiconductor Process/Device/ Adv Packaging PhD, EE, from Virginia Tech Technology Director, Volterra 16 years industry experience VP of Eng. Michael Grimm 32 IC Design MS, EE, from UC Berkeley Managing Director, NB BU, Maxim 32 years industry experience Exec. Design Director Jaime Tseng 32 IC Design BS, EE, from UC Berkeley Design Manager, Linear Technology Corp. 32 years industry experience SILICON ENERGY- POWERING THE FUTURE 5
Silergy Key Points International Culture: marriage of West and East culture West : innovation, leading market positioning East : execution, diligent, fast response Innovation Driven Virtual IDM Platform Model More than 784 patents awarded More than 335 patents pending Committed to Developing Industry Leading Products Smaller size Higher efficiency More Intelligence SILICON ENERGY- POWERING THE FUTURE 6
Stable Shareholders Structure SILICON ENERGY- POWERING THE FUTURE 7
Diversified End Applications POS Smart Meter SSD LED Lamps Power Bank IP Camera Silergy Inside Smart phone Network Equipment Server HD STB, IP STB Smart Monitor & TV Ultrabook Tablet PC SILICON ENERGY- POWERING THE FUTURE 8
Power Management IC Market and Trend (US$ bn) 45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 World power management IC market According ttro acking report aimed at power management IC market made by IHSiSuppli, it predicted moderate growth of market in the future. The total amount will be 38.3 billion dollars in 2017, reaching to 39.9 billion in 2018. 0.0 2012 2013 2014 2015 2016 2017 2018 2019 Data source:tracking reports of IHS power market(2017. ) The technology trends of power management IC Smaller Size: technology upgrading of portable products Higher Efficiency: longer battery life, meeting government regulation of energy conservation and emission reduction Easy to Use Continuous Cost-Down: higher integration level Development Time Reduction SILICON ENERGY- POWERING THE FUTURE 9
Future Focus -Smartness/Green Power/ IOT Intelligent Transportation Robots Silergy + Inside Wearable Device Smart Medical Device SILICON ENERGY- POWERING THE FUTURE 10
Plan for Product Development Aiming at fast-growing consumer and industrial applications Mobile Payment POS system High Res Smart TV Wireless Charger White Goods Wearable device AI Application Automobile Electronics Smart Meter Motor Drive Medical Device SILICON ENERGY- POWERING THE FUTURE 11
Focus on Developing High Margin Business Products portfolio Year 2012 2013 2014 2015 2016 2017 Consumer 48% 39% 38% 41% 42% 43% Industrial 26% 35% 31% 37% 39% 40% Computing 25% 24% 27% 17% 14% 13% Communication 1% 2% 3% 4% 5% 4% SILICON ENERGY- POWERING THE FUTURE 12
Fast Growth Revenue : TWD M 10,000 9,000 8,599 8,000 7,000 7,139 6,000 5,000 4,701 4,000 3,000 2,000 1,371 2,087 3,273 1,000 0 2012 2013 2014 2015 2016 2017 SILICON ENERGY- POWERING THE FUTURE 13
Key Figures-IFRS Unit :TWD K 2,500,000 60% 2,000,000 50% 1,500,000 40% 30% 1,000,000 20% 500,000 10% - 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 Sales KTWD 903,951 1,250,69 1,192,00 1,354,33 1,317,34 1,798,69 1,892,90 2,129,95 1,830,56 2,184,60 2,282,36 2,301,69 Net Profit 203,300 307,326 282,575 408,040 238,548 342,515 387,500 501,093 363,886 502,821 463,420 477,890 GM 48% 47% 46% 45% 45% 47% 47% 50% 48% 49% 48% 47% NM 22% 25% 24% 30% 18% 19% 20% 24% 20% 23% 20% 21% 0% SILICON ENERGY- POWERING THE FUTURE 14
Key Figures-Pro Forma Unit :TWD K 2,500,000 60% 2,000,000 50% 1,500,000 40% 30% 1,000,000 20% 500,000 10% - 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 Sales 903,951 1,250,695 1,192,005 1,354,330 1,317,335 1,812,988 1,926,742 2,155,427 1,830,566 2,184,607 2,282,365 2,301,699 Net Profit 239,795 347,490 342,079 356,937 315,256 515,463 557,113 687,718 515,513 643,414 619,011 679,825 GM 49% 48% 47% 46% 46% 48% 48% 50% 49% 50% 48% 48% NM 27% 28% 29% 27% 24% 28% 29% 32% 28% 29% 27% 30% 0% NOTE: This Pro Forma P&L doesn t include: Inventory obsolete loss, RSA/Option expense, amortization and depreciation, asset evaluation gain or loss 15
Vision Misson Relying on technology innovation to produce analog ICs meeting highest efficiency requirements to reduce energy consumption and to be enviromental friendly Goal Best technology leader in analog IC industry Operation Principle Upholding the principle of integrity, creativity, and continuous service, we provide our customers with analog IC with both high efficiency and cost saving, with value added and customized system design support. SILICON ENERGY- POWERING THE FUTURE 16
Our Edge SILICON ENERGY- POWERING THE FUTURE 17
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