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緯創資通股份有限公司公司簡報 1

簡報內容公司營運簡介財務概況 2

公司營運簡介 Section 1 3

公司簡介 2009 2008 Business Week Global Info Tech 100 (Rank #8) 1 Business Week Taiwan Info Tech 100 (Rank #1) 1 One of the Asian Fabulous 50 The Best of Asia- Pacific's Biggest Listed Companies Forbes 2 公司簡介主要產品 : 筆記型電腦, 桌上型電腦, 電視, 顯示器, 手持裝置, 伺服器, 儲存設備以及售後服務 2007 2006 2005 2004 2003 2002 Asia Money Best Overall Corporate Governance in Taiwan (Rank #3) 3 於台灣重新上市與宏碁分割完成宏碁目前持有緯創約 4% 主要財務數字 (NT$ Bn) 2007 2008 2009 5 營業收入 286.8 445.1 546.6 成長幅度 (%) 29.7% 55.2% 22.8% 營業毛利 18.4 24.9 29.9 毛利率 (%) 6.4% 5.6% 5.5% 營業淨利 8.0 8.6 10.7 營業淨利率 (%) 2.8% 1.9% 1.9% 稅後淨利 6.6 6.9 9.1 淨利率 (%) 2.3% 1.5% 1.6% 每股盈餘 4.45 4.57 5.23 4 Source: Company Note: 1 June 2009 issue of Business Week 2 Recognized by Forbes from 2007-2009 3 December 2006 issue of Asia Money magazine 5 Under ROC SFAS No.7, financials include consolidation impact of AOpen from year 2007 onwards 6 After minority interest

發展之有利因素 6 良好的財務表現與資產負債管理 1 所處之資訊電子產業仍高速成長 5 完整的研發生產與售後服務平台 2 已於筆記型電腦建立堅實的產業地位 4 健全的客戶組合 3 筆記型電腦之外, 多元化的成長動能 5

產業快速成長全球 NB 出貨量 ( 百萬台 ) 緯創出貨量持續成長 Notebooks: 2005 2011E CAGR of 23% 142 159 107 63 80 185 224 6 10 12 22 26 >30 2005 2006 2007 2008 2009 2010E 2011E Global NB shipments (mm) 2005 2006 2007 2008 2009 2010E Wistron NB shipments (mm) 台灣前四大代工廠市佔率已達八成 60% 38 64% 51 69% 74 74% 105 75% 119 2005 2006 2007 2008 2009 Top 4 ODM NB shipments (mm) Market share of top 4 NB ODMs Well established top 3 market position in global NB ODM industry Wistron s winning strategy has resulted in increase in its global mainstream NB ODM market share from 10% in 2005 to 19% in 2009 Strong design ability leads to more high-end products Better performance yields more order wins Cost advantage given economies of scale 6

多元產品線 2007 : NT$288.4B 2008 : NT$445B 2009 : NT$547B LCD TV 5% DT 4% S/S 7% Service 2% Others 1% Handhelds 4% LCD TV 6% DT 4% Monitor 3% S/S 4% Service 1% Handheld 2% Monitor 6% LCD TV 5% DT 5% S/S 4% Service 2% Handheld 1% NB 77% NB 78% NB 75% 筆記型電腦仍然是公司最主要之產品線 150 非 NB 盈收成長然而其他的產品線 ( 顯示器手持裝置桌上型電腦伺服器數位電話以及售後服務 ) 也都有穩定的成長 NT$ Bn 120 90 60 15% CAGR 30 7 0 2004 2005 2006 2007 2008 2009

企業換機潮之潛在機會 2009 2010E NB, 61% Consumer, 82% Corporate, 18% Consumer, 68% Corporate, 32% HH, 10% DT, 6.5% Monitor, 9.5% Server, 13% 全球經濟復甦企業支出增加 Windows 7 換機潮 8

堅強的研發及技術創新能力家庭娛樂設備新概念源於不斷的創新能力主要研發方向 Technology Cost All-in-one Home entertainment LCM assembly Display Product breadth 研發成果持續而有效率的研發支出 2.47% 1.93% 1.62% 1.35% 1.54% 1.44% 1.52% Tablet PC 3D NB 產品深獲肯定 Rollable Display $8.3 $6.4 $4.4 $2.3 $2.7 $3.0 $2.0 2003 2004 2005 2006 2007 2008 2009 Won the CES Best of Innovations 2008 in the Computer Hardware Category Time Magazine s Best Inventions edition listed 3 NB PCs in its Tech Buyer s Guide, 3/3 made by Wistron R&D Expenses in NT$bn R&D Expenses / Sales Won Best Product of the Year awards for 2006 from both PC World and PC Magazine 9 Source: Company data

佈局全球生產中心生產製造及服務中心 Unparalleled global manufacturing and service footprint Strategically located operations to support customers product development requirements Dallas, US Service center Juarez, Mexico Product configuration center Round Rock, US Customer sales support Tilburg, Netherlands Service center Brno, Czech Republic Product configuration center Taizhou, China Manufacturing center Technology campus Zhongshan, China Manufacturing center Technology campus Bangalore, India Service center Kunshan, China Manufacturing center Technology campus Shanghai, China Service center R&D center Subic Bay, the Philippines Manufacturing center repair center Singapore Service center Tokyo, Japan Service center Taipei, Taiwan Headquarters, Global R&D center Hsinchu, Taiwan Manufacturing center 生產製造研發中心售後服務 Global system to fully integrate various functions around the globe Zhongshan, China Tokyo, Japan Taipei, Taiwan Kunshan, China Mass production at low-cost production facilities in the PRC Centralized research and development at headquarters in Taiwan Dallas, US Final configuration and after-sale service centers located close to our customers 10 Source: Company

提升效率, 降低成本組織營運 Individual business units entrusted with end-to-end responsibilities focusing on customer needs Regular communication between business units Services Business Unit Product quality feedback from customers Mobile Business Group Digital Consumer Business Group Enterprise Business Group 應收帳款管理 Help leverage on credits of our global leading OEM customers Expect to factor up to 40% of receivables Notes and accounts receivable days 70 52 55 2007 2008 2009 庫存管理 Maintain inventories of key components on a just-in-time basis Improve product design and manufacturing process through R&D 31 Inventory days 28 21 2007 2008 2009 11

穩健的財務表現 -1 穩定的營收增加顯著的獲利成長 Sales NT$B 600 550 500 450 400 350 300 250 200 150 35% CAGR 221 165 288 445 547 Operating Profit NT$M 12000 10000 8000 6000 4000 3,802 30% CAGR 6,959 8,017 * 8,613 * 10,749 100 2000 50 0 2005 2006 2007 2008 2009 0 2005 2006 2007 2008 2009 12 * 包括員工分紅 * 來源 : 合併財務報表

穩健的財務表現 -2 ROE EPS * * 6 4.32 4.80 * 4.57 * 5.32 EPS NT$ 4 2 3.31 3.1% 2.3% 0 0.5% 2005 2006 2007 2008 2009 13 * 含員工分紅費用化之影響 ** 來源 : 合併財務報表

一流的資產負債表管理 (NT$M) 2007 2008 Q3 09 總資產 108,661 139,461 179,832 高效率的資本周轉淨負債 2,509 (446) (12,894) (= 負債 - 現金 & 短投 ) 股東權益 32,738 37,783 54,014 長期股權投資 3,616 4,388 5,861 資源集中於本業淨負債 / 股東權益 8% -1% -24% 來源 : 合併財務報表, 公開資訊觀測站 14

歷年盈餘分配股票及現金股利股利年度 2003 2004 2005 2006 2007 2008 股票股利 (NT$) 0.5-0.50 0.6 0.5 $0.98 現金股利 (NT$) 0.5-1.50 2.2 2.7 $0.98 當期每股營餘 (NT$) 1.68-0.89 3.02 4.31 4.8 4.57 股利 / 當期營餘 (%) 60% - 66% 65% 67% 47% 現金股利 / 當期營餘 (%) 30% - 50% 51% 56% 21% 員工紅利 2004 2005 2006 2007 2008 稅前營餘 (NT$M) (834) 3,212 6,574 7,771 8,388 現金紅利 (NT$M) - 114 144 178 股票紅利 ( 仟股 ) - 17,148 33,492 41,614 20,182 十二月份平均股價 14.1 41.9 44.5 57.9 48.7 員工紅利 / 稅前營餘 0.0% 25.9% 24.9% 33.3% 11.7% 15

市值及外資持股比例之增長 Mkt Cap US$ Bn 4.00 3.61 * 1 3.00 2.60 2.00 1.54 1.92 1.84 * 2 1.00 0.45 0.00 2004 2005 2006 2007 2008 2009 * 1 As of Dec. 31, 2009 * 2 Due to financial crisis QFII 10.8% QFII 72.1% Dec. 31, 2004 Dec. 31, 2009 16

財務資訊 Section 2 17

損益表單位 : 新台幣百萬元 2005 2006 2007 2008* 2009* 營業收入淨額 164,732 221,054 286,754 445,118 546,667 已實現營業毛利 10,581 6.42% 14,745 6.67% 18,361 6.40% 24,866 5.59% 29,949 5.48% 營業費用推銷費用 (3,120) -1.89% (3,623) -1.64% (4,417) -1.54% (7,654) -1.72% (8,651) -1.58% 管理費用 (988) -0.60% (1,171) -0.53% (1,520) -0.53% (2,171) -0.49% (2,263) -0.41% 研究發展費用 (2,671) -1.62% (2,991) -1.35% (4,407) -1.54% (6,428) -1.44% (8,287) -1.52% 營業費用 (6,779) -4.12% (7,785) -3.52% (10,344) -3.61% (16,253) -3.65% (19,200) -3.51% 營業淨利 3,802 2.31% 6,959 3.15% 8,017 2.80% 8,613 1.94% 10,749 1.97% 營業外收入及利益 / 費用及損失利息費用, 淨額 (526) (989) (628) (662) (294) 依權益法認列之投資利益 / 損失 (288) 152 287 239 341 兌換損失 (199) 268 (161) (38) 211 其他營業外收入 / 費用 486 133 524 705 489 本期稅前淨利 3,276 6,524 8,038 8,857 11,496 所得稅費用 (39) -1.20% (1,249) -19.15% (1,322) -16.44% (1,958) -22.11% (2,325) -20.23% 少數股權 (54) 52 (111) (21) (36) 本期淨利 3,182 5,327 6,605 6,878 9,135 期末股本 1,178 1,272 1,382 1,517 1,864 * 包括員工分紅 18

損益表 (2009 Q4 vs. 2009 Q3 & 2008 Q4) NT$ M 4Q'09 Q3'09 QoQ 4Q'08 YoY 營業收入淨額 160,449 146,452 9.56% 144,543 11.00% 已實現營業毛利 8,758 5.46% 8,250 5.63% 6.15% 7,023 4.86% 24.70% 推銷費用 (2,239) -1.40% (2,251) -1.54% -0.52% (2,176) -1.51% 2.89% 管理費用 (568) -0.35% (545) -0.37% 4.36% (566) -0.39% 0.43% 研究發展費用 (2,582) -1.61% (2,052) -1.40% 25.81% (1,762) -1.22% 46.51% 營業費用 (5,389) -3.36% (4,848) -3.31% 11.18% (4,504) -3.12% 19.65% 營業淨利 3,369 2.10% 3,403 2.32% -1.00% 2,519 1.74% 33.74% 營業外收入及利益 / 費用及損失利息費用, 淨額 (51) (47) (282) 依權益法認列之投資利益 / 損失 158 58 51 兌換損失與金融商品評價損失淨額 155 (69) (78) 其他營業外收入 / 費用 239 130 127 本期稅前淨利 3,870 3,474 11.41% 2,337 65.58% 所得稅費用 (746) -19.27% (736) -21.20% 1.29% (800) -34.25% -6.82% 少數股權淨利 (7) (20) 34 本期淨利 3,117 2,717 14.74% 1,571 98.45% 流通在外股數 ( 百萬 ) 1,864 1,851 1,517 19

資產負債表單位 : 新台幣百萬元 2009/12/31 2009/9/30 2008/12/31 現金及約當現金 & 短期投資 20,545 11% 21,942 13% 13,179 9% 應收票據及帳款 99,379 55% 87,722 51% 63,718 46% 存貨 27,669 15% 29,033 17% 31,892 23% 其他流動資產 4,417 2% 7,464 4% 4,776 3% 流動資產合計 152,010 85% 146,160 85% 113,565 81% 長期股權投 5,861 3% 5,135 3% 4,388 3% 固定資產 17,900 10% 17,112 10% 17,421 12% 其他資產 4,061 2% 3,893 2% 4,088 3% 資產總計 179,832 100% 172,301 100% 139,461 100% 短期借款 1,885 1% 2,423 1% 2,875 2% 應付票據及帳款 101,725 57% 99,364 58% 77,961 56% 應付費用及其他流動負債 14,861 8% 12,900 7% 9,582 7% 流動負債合計 118,471 66% 114,687 67% 90,418 65% 長期負債 5,765 3% 5,796 3% 9,858 7% 其他負債 1,581 1% 1,375 1% 1,402 1% 負債合計 125,818 70% 121,858 71% 101,678 73% 股東權益 54,014 30% 50,442 29% 37,783 27% 20

現金流量表單位 : 新台幣百萬元 1-3Q'09 1-3Q'08 期初現金及約當現金餘額 13,179 7,560 21 營業活動之現金流量 : 本期淨利 6,047 5,362 折舊及各項攤銷 3,896 2,385 權益法投資損失 ( 利得 ) (117) (74) 應收帳款之淨變動 (27,799) (17,318) 應付帳款之淨變動 25,965 37,545 存貨之淨變動 2,148 (24,908) 其他 1,753 (5,782) 營業活動之淨現金流入 ( 出 ) 11,892 (2,791) 投資活動之現金流量 : 資本支出 (4,079) (4,318) 其他 (116) (5,266) 投資活動之淨現金流入 ( 出 ) (4,194) (9,584) 融資活動之現金流量 : 短期借款增加 ( 減少 ) (451) 8,440 現金增資發行新股 (4,062) 9,639 支付現金股利 7,234 1,134 支付員工紅利 (1,638) (3,295) 支付董監酬勞 - (59) 其他 4 (126) 融資活動之淨現金流入 ( 出 ) 1,087 15,733 (23) (50) 期末現金及約當現金餘額 21,942 10,868 * 約當現金 = 現金及約當現金 + 備供出售金融資產 - 流動 * 資本支出 = 新增及購建固定資產 + 長期股權投資增加

Cash Flows 單位 : 新台幣百萬元 2009 2008 期初現金及約當現金餘額 13,179 7,560 22 營業活動之現金流量 : 本期淨利 9,171 6,898 折舊及各項攤銷 5,214 3,453 權益法投資損失 ( 利得 ) (275) (125) 應收帳款之淨變動 (38,963) (6,928) 應付帳款之淨變動 27,106 17,765 存貨之淨變動 3,618 (8,446) 其他 7,418 2,361 營業活動之淨現金流入 ( 出 ) 13,289 14,978 投資活動之現金流量 : 資本支出 (6,827) (7,250) 其他 (89) (1,618) 投資活動之淨現金流入 ( 出 ) (6,916) (8,867) 融資活動之現金流量 : 短期借款增加 ( 減少 ) (943) (7,298) 償還長期借款 (4,093) 9,858 現金增資發行新股 7,234 1,134 支付現金股利 (1,638) (3,731) 支付董監酬勞 - (59) 員工執行認股權之現金發行新股 638 - 其他 (24) (299) 融資活動之淨現金流入 ( 出 ) 1,174 (395) (181) (97) 期末現金及約當現金餘額 20,545 13,179 * 約當現金 = 現金及約當現金 + 備供出售金融資產 - 流動 * 資本支出 = 新增及購建固定資產 + 長期股權投資增加