10 Meadville PCB Overview Meadville, a leading PCB Manufacturer in Asia Company Facts Established in 1985 FY2009 Sales: $625 million Specializes in manufacturing high-end, advanced technology and complex PCBs Over 13,000 employees located in 8 factories (7 in China and 1 in Hong Kong) Top 5 manufacturer amongst China PCB manufacturers Pioneer in China and manufacturing advanced technology HDI PCBs, Quick Turn Services and IC Substrates in China Average layer count of 7.9 with highest layer count of 12 in China at SYE facility Meadville's footprint of specialized facilities in Hong Kong & China Business Model Grow organically through capacity expansion Invest & Focus on high technology business Able to produce High mix, Low volume & Low Mix, High volume with layer count & ASP improvement YOY 7 Product Strategy Thin & Light - Fine Line product applications Thick & Odd Size - Complex Design for high speed applications 7 IC Substrates Shanghai, SMST 8 Drilling Services Shanghai, SKE 5 6 Guangzhou, GME Shanghai, SME Advanced HDI PCB Flex & Rigid Flex Suzhou, MAS 2 3 High Layer Conventional Dongguan, DMC Dongguan, SYE 1 QTA /Prototype Hong Kong, OPCM Product Applications for 2009 Communications, Networking 40% Handsets 21% Computer 24% Consumer 3% Others (include medical, automotive) 12% Key Customers China - Huawei, ZTE, Longcheer, TCL, DaTang International - AMD, APPLE, Ericsson, Intel, IBM, Alcatel, Fujitsu Competitors China - Multek, Viasystems Japan - Ibiden, CMK, Shinko Taiwan - Nanya, Unimicron, Tripod US - DDI, Merix 4 |