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Richtek Technology Corporation- 2015 Q2 Earnings Teleconference
August 11, 2015
Lorna-Li Yao
Spokesperson
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Disclaimer
This presentation contains forward-looking statements. These forward-looking statements are
subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual
results may differ materially from those expressed or implied by these forward-looking
statements. Because of these risks, uncertainties and assumptions, the forward-looking
events and circumstances discussed in this presentation might not occur in the way we
expect, or at all. You should not place undue reliance on any forward-looking information.
In preparing the information herein, Richtek has relied upon and assumed, without
independent verification, the accuracy and completeness of all information available from
public sources or which was provided to Richtek or which was otherwise reviewed by Richtek.
Neither Richtek nor its advisors have made any representation or warranty as to the accuracy
or completeness of such information and nor do they assume any undertaking to supplement
such information as further information becomes available or in light of changing
circumstances. None of Richtek, nor any of their respective affiliates, advisers or
representatives shall have any liability whatsoever (in negligence or otherwise) for any loss
howsoever arising from any use of this presentation or its contents or otherwise arising in
connection with this presentation. Neither this presentation nor any of its contents may be
reproduced to a third party without the prior written consent of Richtek.
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About Richtek
• A professional analog IC design company
• Founded: September, 1998
• Capital: NT$1.485 Billion
• ISO 9001 Certified by RWTUV
• ISO 14001 Certified by RWTUV
• Employees: 941 (TW & W/W)
by the end of June, 2015
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2015 Q2 Earnings Highlights-Consolidated
• 2015 Q2 numbers have been reviewed by CPA.
• Operating profit includes gains or losses from asset disposal.
QoQ YoY
Amount % Amount % % Amount % %
Net Sales 3,122 100.0% 3,169 100.0% -1.5% 2,961 100.0% 5.4%
Gross Profit 1,137 36.4% 1,165 36.8% -2.4% 1,104 37.3% 3.0%
Operating Expense 731 23.4% 701 22.1% 4.3% 697 23.5% 4.9%
Operating Profit 407 13.0% 464 14.6% -12.3% 407 13.7% 0.0%
Net Income before Tax 435 13.9% 469 14.8% -7.2% 416 14.0% 4.6%
Net Income after Tax 362 11.6% 377 11.9% -4.0% 349 11.8% 3.7%
EPS after Tax 2.45 2.55 2.37
Amount:NT$ MN
2015Q2 2014Q2 2015Q1
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Product Categories
PMIC
• Panel
• Smartphone
• Notebook
Power Controllers
• Linear
• ACPI
• Buck/Boost
• Multi-Phase
Power Converters
• LDO
• uLDO
• Buck/Boost
• LED Driver
Special Apps
• Battery Charger
• Battery Management
• ACDC Charger
Companions
• FET Driver
• USB/Power Switch
• OP Amp
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Product Applications
Computing
• TFT-LCD
• Notebook
• Desktop
• Peripheral
• VGA Card
• Workstation/Server
Consumer
• TV
• Tablet
• Game Console
Communication
• Smartphone
• Networking
• Telecom
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2015 Q2 Product Portfolio
Computing = IT panel + MB + NB + VGA
Communication = Smartphone + NC
Consumer = TV+ Tablets + Gaming
Other = LED + ACDC + Storage + Other
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Product Portfolio Change
Product portfolio change (14Q2~15Q2)
Application 14Q2 14Q3 14Q4 15Q1 15Q2
Computing 33% 32% 29% 25% 27%
Communication 27% 30% 34% 36% 28%
Consumer 31% 29% 27% 29% 34%
Other 9% 9% 10% 10% 11%
Total 100% 100% 100% 100% 100%
Computing = IT panel + MB + NB + VGA
Communication = Smartphone + NC
Consumer = TV+ Tablet + Gaming
Other = LED + ACDC + Storage + Other
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2014 & 2013 Product Portfolio
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2015 Q3 Guidance
Consolidated revenue is expected to be
between NT$3.2 billion and NT$3.5 billion.
Consolidated gross profit margin is expected
to be between 34% and 37%.
Consolidated operating profit margin is
expected to be between 12% and 15%.
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Monthly Sales Revenue
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Q&A
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