ACCL

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2020，Institutional，Investor，Conference

Alex Lin/Vice，President,，Dec,，2020

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1. ACCL：Status Revenue：and：Profit Technology：and：Application

2. ACCL：Target：Market Server IPC Networking IPC2 Server：Industry：Introduction

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Overview

Established:New：factory:

Registered：Capital:Sales：Revenue:

Main：Products:

Capacity:Floor：space

Certificates:Employees:

April：1995：(at：Kwei- Shan：Ind.：Zone,：Tao-Yuan)August：1999：(at：Long-Tan,：Tao-Yuan)

USD：15.6：M：(：498M：NTD),：Stock：Symbol:8155USD：70M：in：Y2019

High：Reliability：PCBRigid：Type：Multi-Layer：PCB：：(：2：~：72Layers,：<8.0mm：)HDI：：4：~：72Layers：(1+N+1：,2+N+2：,：3+N+3)UL: Copper：Thickness：up：to：5oz

650,000：ft2：(61,000：m2)472,202：ft2：(43,869：m2：/：13,270：ping)

UL94V-0,：：ISO-9001,：：ISO-14001,：：IATF16949,：QC080000,ISO-45001780：(RD:71)

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Major，Shareholder

Group No.：of：Shares %：of：Shares

Compal，Group 17,155,478， 34.5%

Advantech，Group 3,701,000， 7.4%

Total 20,856,478， 41.9%

Remark:，2020/12 data

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1,404

1,789

1,529

1,740

2,398

2,592

2,016

2,281

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

2,400

2,600

2,800

2013 2014 2015 2016 2017 2018 2019 2020 1-3Q

Net Revenue(Million NT$)

Revenue(2013， 2020，1-3Q)

2020：1-3Q：vs：2019：1-3Q +62%

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220

303 247

350

575

644

466

706

93 134

93

163

307

366

222

437

2.24

3.03

1.81

3.27

6.17

7.36

4.46

8.79

050

100150200250300350400450500550600650700750800

2013 2014 2015 2016 2017 2018 2019 2020 1-3Q

Gross Profit(Million NT$)

Net Profit(Million NT$)

EPS(NT$)

Profit，(2013， 2020，1-3Q)Gross：Profit：2020：1-3Q：vs：2019：1-3Q +132%Net：Profit：：：：：2020：1-3Q：vs：2019：1-3Q +234%

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51

141

67

127

219

158 158

220

0

50

100

150

200

250

300

2013 2014 2015 2016 2017 2018 2019 2020(F)

Million NT$

Capital，Investment

1. Thickness：8.0mm：equipment：upgrade/de-bottleneck2. High：Layer：Count：PCB3. Smart：factory

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N

N

C

Skip，Via

VIPPO(Via，in，Pad，Plating，Over)

Backdrill

Max，72L

ACCL，TechnologyHDI

Materials SIMaterials，Suggestion

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2020

2&4 L1%

6L5%

8L15%

10L~12L28%14L~16L

20%

18L~30L23%

32+ L8%

Others1%

Server57%

IPC35%

Networking6%

Automobile1%

Layers Count Application

Product，Mix，by，Revenue

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ACCL，Smart，Factory

Complete，Production，Resume

CCL I/L Lamination Drill Plating .... Test Shipping

Start，Work Lot，Control，Traveler Operator Equipment

On-line Check Materials，Check Clean，RoomTooling，Check

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Social，Responsibility

RBA，(Responsible，Business，Alliance)

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1. ACCL：Status Revenue：and：Profit Technology：and：Application

2. ACCL：Target：Market Server IPC Networking IPC2 Server：Industry：Introduction

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2001~ 2008~ 2013~ 2017~Today

NBMobile Phone

ServerDSCVGA

ServerIPCGaming，NB

ServerIPCNetworkingIPC2

Product，Strategy

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Target，Market

1)，Server 2)，IPC

4)，IPC23)，Networking

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• The estimated shipments for the whole year of 2020 are only a small increase of more than400,000 units compared with 2019, reaching 12.874 million units. Among them, shipments fromODM Direct/white-label servers are about 3.7 million units, accounting for 28.7% of the overallmarket, and an annual increase of 13%.

• As for the total server shipments in the next year (2021), which will surpass 13.725 million units,the annual growth rate will rise sharply to 6.6%. The main growth momentum will also come fromthe increase in demand for ODM Direct/white-label servers and the continued increase inshipments. The double-digit annual growth rate rose by 16.2%, and the proportion of ODMDirect/white-label server shipments exceeded 30% for the first time, reaching a new high ofapproximately 4.3 million units.

• Since 2021, the overall server market will usher in the new normal demand for the cloud after theepidemic. In addition to the continuation of the changed working mode after the epidemic andthe transformation of people's lifestyles, the demand for online cloud services will increase. On theother hand, The global situation is also due to the uncertainty brought by geopolitics, promptingthe industry to adjust production/supply chain strategies, and countries have strengthened theautonomy of mastering data, which will accelerate the growth of global server shipments.

• After the start of 5G gradual commercial transformation in various countries, data centers will begiven accelerated activation, and the growth of micro data centers and marginal computing will bepromoted to realize application scenarios such as the Internet of Things and the Internet ofVehicles. This will also become the main axis of the overall server industry development from 2021to 2025.

Source:，Trendforce 2020,，Oct

Industry，Status-Global，Server，Shipment，Forecast

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• In，2020Q2,，the，world's，major，server，manufacturers，have，the，highest，proportion，of，shipments,，followed，by，Dell,，HPE,，Supermicro,，Inspur，and，Huawei.，Among，them,，Inspur,，Huawei,，and，Lenovo，belong，to，Chinese，companies.，In，the，manufacturing，and，production，areas，of，servers，and，printed，circuit，boards,，most，of，them，require，manufacturing，in，China，or，need，to，set，up，factories，in，China,，while，the，rest，are，American，companies.

Source:，DIGITIMES，Research

Industry，Status- %，of，Major，Server，Vendor

英業達 緯創 緯穎 鴻海 廣達 神達 其他HPE 45.0% 17.4% 0.0% 35.1% 0.0% 0.0% 2.5%Dell 31.6% 28.0% 0.0% 27.1% 0.6% 0.0% 12.7%Inspur 0.0% 15.6% 0.0% 0.0% 0.0% 56.3% 28.1%Lenovo 25.9% 24.1% 0.0% 0.0% 0.0% 0.0% 50.0%Google 47.8% 0.0% 0.0% 0.0% 52.2% 0.0% 0.0%Facebook 0.4% 0.0% 42.2% 0.0% 57.5% 0.0% 0.0%Microsoft 31.3% 0.0% 40.1% 20.3% 8.3% 0.0% 0.0%Amazon 28.4% 0.0% 0.0% 50.9% 5.9% 12.9% 1.8%Supermicro 0.0% 21.7% 0.0% 0.0% 0.0% 0.0% 78.3%

Inventec Wistron Wywinn Foxconn Quanta Mitac Others

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Server，Platform，Comparison，Chart

Year 2017 2018 2019 2020 2021 2022

Platform Intel Purley Intel Purley Intel Whitley Intel Whitley Intel Eagle Stream

Intel Eagle Stream

PCB Layers 10~12L 12~14L 14~16L 14~16L 16+L 16+L

CPU Name Skylake-SP Cascade Lake-SP/AP

Cooper Lake-SP/AP

Ice Lake-SP Sapphire Rapids

Granite Rapids

IC Fab 14nm+ 14nm++ 14nm++ 10nm+ 10nm++ 7nm+?

Memory DDR4-2666 6-Channel

DDR4-2933 6-Channel

Up To 8-Channel DDR4

8-Channel DDR4

8-Channel DDR5

8-Channel DDR5

DDR4 2933 12-Channel

PCIe PCIe 3.0 PCIe 3.0 PCIe 3.0 PCIe 4.0 PCIe 5.0 PCIe 5.0

Competitor AMD EPYC Naples 14nm

AMD EPYC Rome 7nm

AMD EPYC Rome 7nm

AMD EPYC Milan 7nm+

AMD Next-Gen EPYC (Post Milan)

AMD Next-Gen EPYC (Post Milan)

Source:，Intel，Website

Server，PCB

資料來源:TPCA

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Eagle，Stream，Reference， PCIE: EGS，Loss，Requirement，@ 16GHz

16GHz

8GHz

Eagle Stream Platform

Whitley Platform

PCIE G4 16Gbps Loss Budget: -28dB

PCIE G5 32Gbps Loss Budget: -23.5dB

Server，PCB

Source:Intel

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Whitley

39mil Pitch

Eagle Stream

37mil Pitch

Eagle Stream

37mil Pitch

100mil Board

Thickness

100mil Board

Thickness

130mil Board

Thickness

A PTH Pad Diameter 18 18 18

B PTH Drill Diameter 10 8 10

C PTH Pad to Trace Space 5 4 4

D Trace Width 3.5 3.5 3.5

E Trace to Trace Space 4 4 4

F Back Drill Diameter 18 16 16

G Back Drill to Trace Space 5 5 5

H Drill to Copper (PTH Drill to Trace Space) 8 8 8

A. ring

4

Tra

ce

Wid

th 3

.5

Tra

ce

Wid

th 3

.5

4

5 5

Via drill

10

Back drill 18

Via pad 18

A. ring

4

Pitch

39

Tra

ce

Wid

th 3

.5

Tra

ce

Wid

th 3

.5

4

5 4

Via drill

10

Back drill 16

Via pad 18

A. ring

4

Pitch

37

Eagle：Stream：Reference： Pitch:EGS,，pitch，37mil PCB，capability，is，key，factor.

Server，PCB

Source:Intel

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Thank，You!