MPI Corporation · TPEX:6223

MPI — Goldman Sachs Taiwan Corporate Day (January 2010)

15 slides from MPI's conference presentation, January 2010

  1. Slide 1: MPI Co. - Goldman Sachs Taiwan Corporate Day

    MPI Co. <6223TT> Goldman Sachs “ Taiwan Corporate Day” Day” 1 Updated: Jan, 2010 CONTENTS A. Company Profile 03 B. Products 06 Appendix 29 2/30

  2. Slide 2: Company at a Glance

    A. Company Profile a1. Company at a Glance a2. Business Portfolio 3/30 A a1. Company at a Glance No. 155, Chung-Ho St., Chu-Pei, Hsinchu, Address 302 Taiwan, R.O.C. Founded July, 25, 1995 Paid-in Capital NTD$ 733M No. of Employees 743 No. 7, Luke 1st Rd., Luzhu Shiang, Kaohsiung, Southern Taiwan Bra

  3. Slide 3: Business Portfolio: 2009

    A a2. Business Portfolio : 2009 Solar 15% Le da 24% Probe Card 61% 5/30 B. Products b1. LED: Prober & Sorter 01. LED Food Chain 02. LED Trend 03. Business Contents b2. Semi-conductor: Probe Card 01. Semi-conductor 02. Peer Group Analysis 03. Business Contents b3. Solar: Ingot Slicing 01. Wafer Proce

  4. Slide 4: LED EPI-Wafer Process

    B1 01. LED EPI-Wafer Process Wafer 400um 100um Mounter Laser Scriber Grinder Breaker Expander 1 PC MOCVD 7 PC Prober 7 PC Sorter Prober 42(P)/Run • MPI Co. (75%) • Fittech Co. CCD • Chroma ATE Inc. 2 5 Counter 6 Tape Mounter 0 QC Prober Sorter Post • MPI Co. (30%) Inspection • ASMP (HK) 7/30 B1 02.

  5. Slide 5: LED CAGR and Equipment Shipment 2008~2009

    B1 02. LED CAGR 9/30 B1 03. Equipment Shipment 2008~2009 PC 100 86 80 Shipment 60 P.O. 40 20 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 10/30

  6. Slide 6: Shipment: Geography & Product Mix

    B1 03. Shipment: Geography & Product Mix by by Geography Geography by by Product Product % PC 100% 10 9 12 Korea 21 80% 5% 60% Taiw an 89 China 54% 40% 39 43 41% 31 20% Sorter Prboer 0% Q1 Q2 Q3 Q4 Season 11/30 B1 03. 2009 Major Customers Taiwan Korea China 12/30

  7. Slide 7: Prober and Sorter

    B1 03. Prober LEDA-PT120 PROBER Semi-Automatic Probe Station 13/30 B1 03. Sorter LEDA-PNP M7600 Fully-Auto Mapping Sorter 14/30

  8. Slide 8: Auto Taping Machine

    B1 03. Auto Taping Machine PT-350 TAPING LED-Auto Taping Machines 15/30 B1 03. State-of-the-Art 2 in 1 Machine 16/30

  9. Slide 9: Peer Group Analysis

    B2 01. Market Consensus: Semi-Conductor 17/30 B2 b2. Peer Group Analysis NT$ Million 35,000 30,000 6,936 11,231 25,000 20,000 15,252 2008 15,000 10,941 2007 3,963 4,074 3,973 2006 10,000 12,184 4,286 4,857 4,347 5,000 10,164 1,946 4,824 4,127 1,708 4,593 0 1,450 FFI MJC JEM TCL MPI SV ： P1 Exchange

  10. Slide 10: Peer Group Analysis (con.)

    B2 b2. Peer Group Analysis (con.) (%) 40% 36% 30% 23% 21% 20% 20% 17% 10% 6% 0% FFI MJC JEM TCL MPI SV -10% 08Q4 -20% 09Q1 -30% 09Q2 -40% 09Q3 ： P1 same quarter period in all company. Ex: Q1= 2008.01~2008.03. ： P2 Exchange rate: 1 dollar = NT 33 ; 1 JPY = NT 0.3; 1SGD = NT 22 P3：SV probe in 100% who

  11. Slide 11: Product Mix in 2009 and Monthly Shipment

    B2 03. Product Mix in 2009 % 80% 70% 70% 66% 63% 60% 60% 50% 40% 33% 32% 27% 27% 30% 20% LCD 10% 7% 7% 5% Logic 3% Memory 0% Q1'09 Q2'09 Q3'09 Q4'09 21/30 B2 03. Monthly Shipment 2007~2009 Pin 300,000 250,000 200,000 150,000 100,000 2007 50,000 2008 2009 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov

  12. Slide 12: 2009 Major Customers and B/B Ratio

    B2 03. 2009 Major Customers Design Houses Foundries Testing Houses 23/30 B2 03. B/B Ratio 2007~2009 1.5 1.25 1.2 0.9 2009 2008 2007 0.6 0.3 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 24/30

  13. Slide 13: Product & Customers Mix; Wafer Process in Solar

    B2 03. Product & Customers Mix (%) 2009 by by Product Product by by Customer Customer Memory Te sting De sign 6% LCD house house 58% 35% 64% Logic 30% Foundry 7% 25/30 B3 01. Wafer Process in Solar Mono Si Growing/Casting Cropping Squaring/Bricking Edge grinding Poly Si Gluing Wafering process Wafer

  14. Slide 14: Solar Shipment 2009

    B3 02. Shipment 2009 Pcs 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Jan-09 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month 27/30 B3 02. 2009 Shipment by Geography Taiwan 70% US Korea 25% 5% 28/30

  15. Slide 15: Appendix

    Appendix 29/30 Global LED Sectors 30/30

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