1 2010.03 sino-american silicon products inc.. 2 safe harbor notice any statements set forth of...
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2010.032010.032010.032010.03
Sino-American Silicon Sino-American Silicon Products Inc.Products Inc.
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Safe Harbor NoticeAny statements set forth of forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.
Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in product demand, the introduction of new products, the Company's ability to maintain customer and vendor relationships, technological advancements, impact of competitive products and pricing, growth in targeted markets, risks of foreign operations, foreign exchange rates, and other information detailed from time to time.
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Company ProfileEstablishedEstablishedEstablishedEstablished
Locations :Locations :Locations :Locations :
EmployeesEmployeesEmployeesEmployees
Main ProductsMain ProductsMain ProductsMain Products
Quality SystemQuality SystemQuality SystemQuality System
1981198119811981
1,7001,7001,7001,700
Semiconductor WafersSemiconductor WafersSemiconductor WafersSemiconductor Wafers
Solar Ingots / WafersSolar Ingots / WafersSolar Ingots / WafersSolar Ingots / Wafers
Sapphire WafersSapphire WafersSapphire WafersSapphire Wafers
SAS / Hsinchu, TaiwanSAS / Hsinchu, TaiwanSAS / Hsinchu, TaiwanSAS / Hsinchu, Taiwan
GTI –TX, USAGTI –TX, USAGTI –TX, USAGTI –TX, USASST – Kunshan, ChinaSST – Kunshan, ChinaSST – Kunshan, ChinaSST – Kunshan, China
SSC1 , 2 – Chunan, TaiwanSSC1 , 2 – Chunan, TaiwanSSC1 , 2 – Chunan, TaiwanSSC1 , 2 – Chunan, Taiwan
ChairmanChairmanChairmanChairman
PresidentPresidentPresidentPresident
M.K.LuM.K.LuM.K.LuM.K.Lu
Doris HsuDoris HsuDoris HsuDoris Hsu
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Milestones1981 Sino-American Silicon Products Inc. established1999 SST established in China 2000 Enter Solar Ingot / Wafer Business2001 SAS IPO in Taiwan ( OTC traded # 5483 )2004 Receive Taiwan Government’s 12th Excellent Enterprise
Innovation Award2006 SSC1 Founded in Chunan - Expansion for PV business2007 Optoelectronics Business Unit established 2008 GlobiTech Inc. (TX USA) acquired 2008 Receive Taiwan Government’s 16th Outstanding Enterprise
Innovation Award2009 SSC 2 operation starts2009 Completed 9 Solar Farms in Italy
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Global Sites
Headquarters /Hsinchu Factory
(SAS)
Headquarters /Hsinchu Factory
(SAS)
TAIWANUSA
USA TX Factory (GTI)
USA TX Factory (GTI)
Kunshan Factory(SST)
Kunshan Factory(SST)
Chunan Factory(SSC1 、 SSC2)Chunan Factory(SSC1 、 SSC2)
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SAS Core Technology
ThinningThinningTech.Tech.
ThinningThinningTech.Tech.
Nano Nano StructurizationStructurization
Tech.Tech.
Nano Nano StructurizationStructurization
Tech.Tech.
Crystallization Crystallization Tech.Tech.
Crystallization Crystallization Tech.Tech.
C.T.
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Product Development Strategy
High bright LED related sapphire wafers
High Power Discrete-
Semiconductor grade silicon
wafers
Renewable Energy-
Solar grade wafers
Energy Saving Energy
Solution
Energy Creating
Energy Control
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12 Years Sales Revenue Trend
unauditedunauditedunauditedunaudited
522756 1,027 1,039 1,176 1,417
1,699 2,075
4,514
7,253
10,769
11,800
01,0002,0003,0004,0005,0006,0007,0008,0009,000
10,00011,00012,00013,000
REVENUE
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
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Year 2009 Sales Trend Chart
880
72
800
28
712
46
810
75
792
102
753
101
829
128
843
151
852
165
884
155
908
159
1,025
164
1,157
192
1,195
150
0
250
500
750
1000
1250
1500
2008.12 2009.01 2009.02 2009.03 2009.04 2009.05 2009.06 2009.07 2009.08 2009.09 2009.10 2009.11 2009.12 2010.01
parent-only consolidated
758
885 894854
957994 1017
1039 10671189
1349 1345
952
828
In NTD$MIn NTD$M
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Main Products
Heavily-doped wafersDeep diffusion wafersSilicon-on-insulatorEpitaxial wafers
Heavily-doped wafersDeep diffusion wafersSilicon-on-insulatorEpitaxial wafers
Mono-crystal ingotsThin Mono and Multi
wafers
Mono-crystal ingotsThin Mono and Multi
wafers
Sapphire ingot
Sapphire wafers
Sapphire ingot
Sapphire wafers
Automotive power device
Power discreteMEMS
Automotive power device
Power discreteMEMS
Solar cellSolar cell
Lighting LED lamp Back light LED
Lighting LED lamp Back light LED
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EUR
14%
CHN
7%
TWN
41%
USA
9%
J PN&KOR
29%
SAS Group Sales Break upby Region
Year 2009Year 2009
12
30%
69%
1%
Semi Solar Sapphire
SAS Group Sales Break upby Business Unit
Year 2009Year 2009
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Solar Capacity Expansion Plan
20 50120
280
400
0
200
400
600
800
1000
1200
1400
2005 2006 2007 2008 2009 2010 2011 2012
Unit : MW/Year
20 50120
280
400
0
200
400
600
800
1000
1200
1400
2005 2006 2007 2008 2009 2010 2011 2012
Unit : MW/Year
600~800
1000
1200
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31 35
54 60 5565 70
140
100
170
0
50
100
150
200
1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10(F) 2Q10(F)
Output
SAS Solar Product ShipmentSAS Solar Product Shipment
MWMW
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SAS PV Vertical Integration
Poly SiPoly Si
Poly SiPoly Si
IngotIngot SAS(TWN)SAS(TWN) SSC(TWN)SSC(TWN) SST(ChinaSST(China))
IngotIngot SAS(TWN)SAS(TWN) SSC(TWN)SSC(TWN) SST(ChinaSST(China))
WaferWafer SAS(TWN)SAS(TWN) SSC(TWN)SSC(TWN) SST(ChinaSST(China)
WaferWafer SAS(TWN)SAS(TWN) SSC(TWN)SSC(TWN) SST(ChinaSST(China)
Cell Cell Sunrise(TW), CV21(Japan)
Cell Cell Sunrise(TW), CV21(Japan)
ModuleModule
CV21 (Japan)
ModuleModule
CV21 (Japan)
SystemSystem
SilfabSilfab
SystemSystem
SilfabSilfab
Upstream Downstream
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SAS partner with Silfab to develop solar farm projects in Italy, majority wafer provided by SAS. More projects in the pipe in Europe and USA.
SAS partner with Silfab to develop solar farm projects in Italy, majority wafer provided by SAS. More projects in the pipe in Europe and USA.
SILFAB —SILFAB —
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SAS Semiconductor capacity
ITEMSSAS Group
(Wafers/Month)
Non Polished Wafer1000K
4” Eqv.
Polished Wafer6” Equivalent 280K
EPI Wafer 200K
Diffusion Wafer 250K
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• Two epi reactor models available:• LV: Centura single-wafer• HV: EpiPro batch reactor
• 100mm/125mm batch reactors• Diameter – 100mm, 125mm, 150mm, 200mm• Dopant – As, P, B• Multi-layer Epi products available; P/N+, N/P+
available• Advanced reactor control and data collection
(RFID tracking)
GTI—GTI—
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Glance on Business Units
SolarSolar
Strong market demand.Full capacity utilization to June. 2010Pricing up atmosphere formingOngoing Expansion plan target 800MW by year end
SemiconductorSemiconductor
Strong growth with worldwide V shape recovery.40% growth expected for 2010.Full capacity utilization in SAS group (SAS,SST,GTI)8” New Products brought on line from 2H10Capacity expansion planned from 3Q10
SapphireSapphire
Soaring demand continued.Pricing up 20% from 2Q10.Capacity expanded to 60K WPM, 100K WPM targeted by year end.Approaching 3” & 4” Niche market in Japan and Korea.
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Market DynamicsMarket Dynamics
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Global PV Installation
Source:PIDA 2010/01Source:PIDA 2010/01Source:PIDA 2010/01Source:PIDA 2010/01
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Global PV Regional Installation Analysis
•SAS are getting involved in North America solar business opportunity
•SAS are getting involved in North America solar business opportunity
•Consensus of US will become the biggest solar market country in the future
•Consensus of US will become the biggest solar market country in the future
Source: HSBC 2010/01/20Source: HSBC 2010/01/20Source: HSBC 2010/01/20Source: HSBC 2010/01/20
Source:PIDA 2010/01Source:PIDA 2010/01Source:PIDA 2010/01Source:PIDA 2010/01
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Poly Price, How low will it go?
Source: HSBC 2010/01/20Source: HSBC 2010/01/20Source: HSBC 2010/01/20Source: HSBC 2010/01/20
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2008 2009
China 33% China 30%
Germany 19% USA 19%
Japan 16% Taiwan 17%
Taiwan 12% Japan 16%
USA 11% Germany 12%
Korea 2% Korea 2%
Spain 2% Spain 1%
India 1% India 1%
Italy 0% Italy 0%
Others 4% Others 2%
Solar Cell Manufacture worldwide Solar Cell Manufacture worldwide
Source: PIDA 2010/01Source: PIDA 2010/01Source: PIDA 2010/01Source: PIDA 2010/01
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iSuppli anticipates that manufacturing run rates in the second half of 2010 will continue to drive up total factory utilization. The utilization rate is expected to continue to rise and peak at 87% in the third quarter of 2010 before declining slightly to 86% in the fourth quarter.
iSuppli anticipates that manufacturing run rates in the second half of 2010 will continue to drive up total factory utilization. The utilization rate is expected to continue to rise and peak at 87% in the third quarter of 2010 before declining slightly to 86% in the fourth quarter.
Strong V-shape SemiconductorMarket Rebound
Strong V-shape SemiconductorMarket Rebound
Source: iSuppli 2010/01/22Source: iSuppli 2010/01/22Source: iSuppli 2010/01/22Source: iSuppli 2010/01/22
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Sources : SICAS, Semi Intelligence 2010/02/11Sources : SICAS, Semi Intelligence 2010/02/11Sources : SICAS, Semi Intelligence 2010/02/11Sources : SICAS, Semi Intelligence 2010/02/11
Strong V-shape Semiconductor Market Rebound
Strong V-shape Semiconductor Market Rebound
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“we are now starting to see the
first industry guidance revisions that tend to indicate even this range might be low. If the current growth momentum holds firm, 2010 chip market growth could easily hit 30 percent…”
“we are now starting to see the
first industry guidance revisions that tend to indicate even this range might be low. If the current growth momentum holds firm, 2010 chip market growth could easily hit 30 percent…”
Excerpted from the Global Semiconductor Monthly Report, Jan 2010
Excerpted from the Global Semiconductor Monthly Report, Jan 2010
Strong V-shape SemiconductorMarket Rebound
Strong V-shape SemiconductorMarket Rebound
Sources : SIA, 2010/01/07Sources : SIA, 2010/01/07Sources : SIA, 2010/01/07Sources : SIA, 2010/01/07
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Source:Mizuho Security 2010/01/08Source:Mizuho Security 2010/01/08
Rapidly Growing Sapphire MarketRapidly Growing Sapphire Market
Source: Daiwa Security 2010/02/03Source: Daiwa Security 2010/02/03
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White LED ASP TrendWhite LED ASP Trend
Source: Mizuho Security 2010/01/08Source: Mizuho Security 2010/01/08
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Driver: LED Backlight ApplicationDriver: LED Backlight Application
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Manufacturing Area :Manufacturing Area : 7,400 M27,400 M2Manufacturing Area :Manufacturing Area : 7,400 M27,400 M2
SAS HQSAS HQ
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SSC Fab1SSC Fab1-- Plant AreaPlant Area :: 12,000 M212,000 M2- Manufacturing Area- Manufacturing Area :: 27,400 M227,400 M2
-- Plant AreaPlant Area :: 12,000 M212,000 M2- Manufacturing Area- Manufacturing Area :: 27,400 M227,400 M2
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SSC Fab2SSC Fab2- Plant Area- Plant Area :: 13,000 M13,000 M22
- Manufacturing Area- Manufacturing Area :: 50,805 M50,805 M22
- Construction Completion- Construction Completion :: June 2009June 2009
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Manufacturing Area:Manufacturing Area: 4,000 M2 4,000 M2
Manufacturing Area:Manufacturing Area: 4,000 M2 4,000 M2
SSTSST
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Plant Area :Plant Area : 120,000 FT 2 120,000 FT 2Manufacturing Area : 8,000 FT 2Manufacturing Area : 8,000 FT 2
Plant Area :Plant Area : 120,000 FT 2 120,000 FT 2Manufacturing Area : 8,000 FT 2Manufacturing Area : 8,000 FT 2
GTIGTI
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Thank you !
http://www.saswafer.com5483 TT
http://www.saswafer.com5483 TT
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