Walsin Technology Corporationhttp://www.passivecomponent.com1
Nov,2005
For Internal Use Only
Walsin Technology Corporation Walsin Technology Corporation Company Profile 2006Company Profile 2006
Reported by :Marketing & CommunicationsWalsin Technology Corporation
March 2006
Walsin Technology Corporationhttp://www.passivecomponent.com2
Nov,2005
For Internal Use Only
Walsin SubWalsin Sub--Group OverviewGroup Overview
Semiconductor
USD 869mn
Optical Electronics
USD 1955mn
BasicMaterials
USD 2354mn
Passive System Alliances
Provides Comprehensive Passive Provides Comprehensive Passive Component SolutionsComponent Solutions
Global over 50,000 Employees 30 Plants in Greater China 7 Listed Companies within the Group
2005E
USD 967mn
1987 2002 1998 1966
2005 Group Revenue USD 6,145 mn
19921989 1995 2001 2003 2004 2005
PDC
1997 1998
Walsin Technology Corporationhttp://www.passivecomponent.com3
Nov,2005
For Internal Use Only
Summary of Walsin Group RevenueSummary of Walsin Group Revenue
1111
452
700
377
1130
915
950
421
1311
996
893
622
2044
1250
989
810
2354
1955
869
967
0
1000
2000
3000
4000
5000
6000
Reven
ue (
US
D m
illion
)
2001 2002 2003 2004 2005year
Walsin Lihwa HannStar Display Winbond PSA
26403416
3822
50936145
Walsin Technology Corporationhttp://www.passivecomponent.com4
Nov,2005
For Internal Use Only
Unit:USD Million
PSA Revenue ProfilePSA Revenue ProfilePSA 2002 2003 2004 2005
143 188
335
261
14
66
19
-
-
69
7 (Q4)26 (Q1-3)
Hannstar Union - - - 16
72
967
247
209
Nitsuko 15 21 17
POE International - 70 69
Eden Technology - 20 13
37
Hannstar Entertainment 4 111 105
Walton Chaintech - - -
PDC - - -
Maxstaar - - -
810
140
196
72
33
622
145
182
70
20
421
Walton
Walsin Technology
Hannstar Board
Hannstar Electronics
Total
0
100
200
300
400
500
600
700
800
900
1000
2002 2003 2004 2005
421
622810
967
Remarks: 1. Figures marked in purple are amount contributing to WTC’s
consolidated Financial Report by respective Business Entity2. Only Q4 revenues of PDC were included in WTC’s 2005 consolidated
Financial Report3. Currency Exchange Rate applied on 2004 & 2005: 1USD = 32 NTD
Unit:USD Million
Walsin Technology Corporationhttp://www.passivecomponent.com5
Nov,2005
For Internal Use Only
Sub-Group Member Company Product OfferingSemiconductor Winbond Electronics (2344.TW) VLSI, DRAM and ICs
Walton Advanced Engineering Turnkey IC Assembly & Testing
Maxstar LCD Monitor, LCD TVHannstar Union Distributor
Walton Chaintech (2425.TW) Motherboard, VGA Card, DMPD
Walsin Technology (2492.TW) MLCC, Chip-R, MLCI, PTC, Varistor, RF
POE International DistributorEDEN International Distributor
Hannstar Board (5469.TW) NB & High Precision PCB
Prosperity Dielectrics (6173.TW) MLCC, Chip-R, ceramic dielectric powders,disc type semiconductive capacitor elements.
Nitsuko Electronics Film Capacitor, DC/DC Converter
Optical Electronics Hannstar Display (6116.TW) TFT LCD
Basic Materials Walsin Lihwa (1605.TW) Wire and Cable, Specialty Steel, Optical Fiber and MEMS
Integration of Walsin SubIntegration of Walsin Sub--Group Resources Group Resources
PassiveSystemAlliance
Walsin Technology Corporationhttp://www.passivecomponent.com6
Nov,2005
For Internal Use Only
Walsin Technology CorporationWalsin Technology Corporation
ChipChip--RR RF DevicesRF Devices PTCR/AC/CCPTCR/AC/CCMLCCMLCCSMD/ LeadedSMD/ Leaded
VaristorVaristorModuleModule
Walsin Technology Corp. (2492.TT or WTC) the largest MLCC manufacturer in Greater China Area and the 4th largest in the world. Main products include MLCC, Chip Resistor, Sensing & Controlling components, High Frequency devices and Modules, which are all indispensable components for information, digital consumers and communication industries. Since its establishment in 1992, Walsin Tech has committed heavily on R & D, which accounts for 4% of its 2004 revenue .
MLCC Chip-R RF devices Module VaristorPTCRAC/CC
Powder
WTC √ √ √ √ √ √ √
POE international Sales channel -
Eden international Sales channel -
PDC √ √ - - - - √
Walsin Technology Corporationhttp://www.passivecomponent.com7
Nov,2005
For Internal Use Only
Award for Industrial Technology Advancementby Ministry of Economic Affairs
Recognition of Excellenceby U.S Electronic Component Certification Board
Outstanding Vendor Awardby ASUS Computer
Best Supplier Awardby ELITE Group
Excellent Partnership&Support Awardby GigaByte Technology Co.
Best Vendor Awardby SHARP
Preferred Vendor Award by First International Computer, Inc.
Best Services Awardby Taicom Information
ICEQ Qualified Factoryby Electronic Components Certification Committee
Recognition for Quality Improvementby Industry Bureau of Ministry of Economic Affairs
Excellent Vendor Awardby ADi Computer
Excellent Vendor Awardby E Tech
Awards and Recognition to WTCAwards and Recognition to WTC
Walsin Technology Corporationhttp://www.passivecomponent.com8
Nov,2005
For Internal Use Only
Environmental Certifications & PartnersEnvironmental Certifications & Partners’’ CompliancesCompliances
ISO 9001 ISO 14001 ISO 16949 ISO 9001, China TUV Certificate
IECQ CertificateCSA Compliance UL Recognition VDE Recognition
ISO 14001, China
Panasonic Approval SHARP Approval
SONY GreenPartner ASUS Compliance Canon Compliance MiTAC Compliance NEC Compliance Acer Compliance
Walsin Technology Corporationhttp://www.passivecomponent.com9
Nov,2005
For Internal Use Only
Our Global Key Accounts
Walsin Technology Corporationhttp://www.passivecomponent.com10
Nov,2005
For Internal Use Only
Our Global Key Accounts (Cont’d)
Walsin Technology Corporationhttp://www.passivecomponent.com11
Nov,2005
For Internal Use Only
Our Regional Key Accounts
Walsin Technology Corporationhttp://www.passivecomponent.com12
Nov,2005
For Internal Use Only
Technology Leadership
Mar
ket d
eman
ds o
n :G
ames
M/C
, LC
D T
V, P
SP,
MP3
s, D
SC, M
obile
pho
nes,
Blu
etoo
th, G
PS. P
C-
Not
eboo
k PC
, Dat
asto
rage
.
Technological Leadership
Precisions
Environmental
Wireless
. Narrow tolerance C &R.
. Thin Film precision resistors.
. Green Partner for Lead free and full Rohs compliance since 4Q 2005.
.Comprehensive Package solution in BT and WLANapplication by RFs,HF MLCC—etc.
. H-Cap.up to 100uF and HV to be extended from 5KVto 6KV and above by in house powder technology.High cap/High V
. 0201 Y5V/X7R/NPO&Chip R and the smallest BlueTooth Antenna in the field—etc.
Miniaturization
Wide Product ranges MLCC & R Chips full ranges, Varistors, RF products&BT Modules ,Disk caps and AC caps,
Walsin Technology Corporationhttp://www.passivecomponent.com13
Nov,2005
For Internal Use Only
Global Strategy
Mar
ket &
Sal
es g
row
th v
ia 5
cor
e st
rate
gies
Global Sales and Marketing Strategy
Regional expansion
Private Labeling
M&A
. Global Sales/Distribution/Logistic Platforms
. Europe/USA sales/technical supports expansion
. 3rd Party Labeling to enhance wider market coverage accounts for approx. 8 % of our sales.
. 2005 acquisition of PDC
. 2006 Kamaya
. Growth into high demand segments – CE games m/cDVD, MP3, DSC.Telecom and Wireless productsMarket Applications
. Global OEM & Distributions partnership strategy
. EMS partnership strategyChannels expansions
Walsin Technology Corporationhttp://www.passivecomponent.com14
Nov,2005
For Internal Use Only
DistyDisty UKUK
Munich, Germany Munich, Germany
SuzhouSuzhou, China, China
DalangDalang, China, China
YangmeiYangmei, Taiwan, Taiwan
KaoshiungKaoshiung, Taiwan, Taiwan
SingaporeSingaporeKuala LumpurKuala Lumpur
PenangPenangDistyDisty and LSP Mexicoand LSP Mexico
Fremont, CAFremont, CA
DistyDisty ShanghaiShanghai
Nagano, JapanNagano, Japan
DistyDisty KoreaKorea
◫◫ ◫◫
DistyDisty GermanyGermany
DistyDisty West USAWest USADistyDisty ItalyItaly
DistyDisty IsraelIsrael
DistyDisty FranceFrance
DistyDisty SpainSpain
DistyDisty IndiaIndia
DistyDisty East USAEast USADistyDisty BelgiumBelgium
DistyDisty NetherlandsNetherlands
Dallas, TexasDallas, Texas
DistyDisty SingaporeSingaporeWTC Marketing/Sales Offices + WarehousingWTC Marketing/Sales Offices + Warehousing
DistributorsDistributors◫WTC Marketing/Sales Offices + Warehousing + ProductionWTC Marketing/Sales Offices + Warehousing + Production
Walsin world-wide logistic, stocks warehousing Sales/Marketing support centers toGlobal OEM and EMS (17 countries, 37 Walsin stocking + Hub locations)
Walsin Technology Corporation Global Platform for Key OEM/EMS
Walsin Technology Corporationhttp://www.passivecomponent.com15
Nov,2005
For Internal Use Only
Key MilestonesKey Milestones
335 MUSD2,050+4,500 7
Consl. RevenueEmployeePlants-
196 MUSD1,750+2000 5
20052005EE20032003
TWN KHHTWN KHH TWN YMTWN YM
PRC SZPRC SZPRC DLPRC DL
1992 Incorporation of Walsin Tech1997 Listed on TASDAQ2000 Asian’s Best Buy by Asia Weekly2001 Strategic Alliances (in E,K and J)
Listed on TSE - 2492.TWMass Production China (DL) Plant Acquisition Nitsuko ElectronicsMLCC Taiwan #1, World # 6
2002 Phase I Global IT and Logistics Ready ISO 14000 & QS 9000 ReadyChina (SZ) Plant Ground BreakingSony Green Partner22 Patents (19 in HF and 3 in Materials)Zero Coupon ECB Issue (I)
2003 Acquired POE (2370.TW) 22.5% stakeMLCC World # 4Mass Production China (SZ) PlantAcquired EDEN (6157.TW) 30% stakeStrategic Alliance – Vishay GroupZero Coupon ECB Issue (II)
2004 Mass Production China (DL) Plant Full Process MLCC and Chip R Expansion. Syndication Loan 30MUSD. 50 Patents (7 in Materials) Award of Industrial Technology Advancement.
247 MUSD1,950+2,550 4
20042004
Walsin Technology Corporationhttp://www.passivecomponent.com16
Nov,2005
For Internal Use Only
Central RD organizationCentral RD organization :: 20062006 >150 dedicated specialists>150 dedicated specialists
Yangmei : 21x → 25x• BME products/Materials development• RF/EMI/ESD design• Customer design application
Kaohsiung HQ : 77x → 101x• Mechanization• RF/EMI/ESD products development• MLV products development• NPO/Specialties MLCC development• Chip R products development• Product applications & SMT Lab• Termination technology development• Power & paste manufacturing & eng’g
XiAn (new) : 10x (Q1 - 06)• Basic raw materials research• Advanced recipes development• Material technology network
KSP RD: 15x 17x• Dielectric Material Development
• Next Generation BME material Y5V/X7R• Hi-Q NPO-BME• LTCC materials• BME powder incoming standardization
• Technology development• LTCC• Thermal process