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Transcript of õ - tstartel.com · õ ! æ Y ' B ú É Ü ú ð Ö M ú t ö [ I ú(02)2657-2788 · Á ¹ Þ...

(02)2657-2788

stock@tstartel.com

/ (02)2657-2788

stock@tstartel.com

239 5-8

(02)2657-2788

2 4 (02)2389-2999 http://www.kgieworld.com.tw

7 68 (02)8101-6666 http://www.kpmg.com.tw

https://www.tstartel.com/

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10.

(1)

104.05.29

1. 103 2. 103 3. 4. 5. ( )

(2)

104.01.14 1.

104.02.02

1. ( ) 2. 3. 4. 500

104.03.27

1. 2. 103 3. 103 4. 103 5. 104 6. 7. 104 ( )

104.05.08

104.08.12

1. 104 6 30

104.09.02

1. 104 2. 2.6GHz 3.

104.10.28

1. 885MHz~890MHz5MHz

105.01.27

1. 2. 105 ( )

105.04.27

1. 104 2. 104 3.

38

39

4. 5. / 6. 7. 8. 105 9.

11.

12. ()

105 5 2

103.12.03 104.03.27

103.12.03 104.04.10

103.07.14 104.03.13

103.02.27 104.06.22

103.11.01 104.09.10

39

40

104.01.01~104.12.31

1 2,000 2 2,000 4,000 V V 3 4,000 6,000 4 6,000 8,000 5 8,000 10,000 6 10,000

1.

2.

3.

40

41

1.

:

104

105 5 2

12,913,386 0 - - ( ) 95,000,000 0 - - ( ) 0 0 - - ( ) 0 0 - -

( ) 5,000,000 0 - -

( ) 15,000,000 0 - - 3,050,000 0 - - 1,580,000 0 - -

300,000 0 - - 1,088,000 0 - - 800,000 0 - - 40,000 0 - -

300,000 0 - - 250,000 0 - - 0 0 100,000 0 - - 100,000 0 - -

150,000 0 - - 70,000 0 - - 0 0 0 0 108,000 0 - - 50,000 0 - - 300,000 0 - - 0 0 0 0 0 0 20,000 0 - - 50,000 0 - - 70,000 0 - - 0 0 0 0 0 0 0 0

41

42

104

105 5 2

(105.04.08 ) 0 0 0 0

( ) 1,705,454,628 175,000,000 - -

2.

42

43

105 5 2 :

( )

( ) 1,705,454,628 56.85% -- -- -- --

( ) 300,000,000 10.00%

( )

( )

( ) 225,000,000 7.50% -- -- -- --

( ) 195,000,000 6.50% -- -- -- -- ( )

( )

( ) 100,000,000 3.33%

( )

( )

( ) 98,854,105 3.30%

( )

( ) 98,046,441 3.27% -- -- -- --

( )

( ) 60,000,000 2.00% -- -- -- -- ( )( )

( ) 50,000,000 1.67% -- -- -- --

( )( )

( ) 50,000,000 1.67% -- -- -- --

( )( )

104 12 31 :

( ) 3,000,000 13.33% 900,000 4% 3,900,000 17.33%

43

44

1.

105 5 2

( )

89/04 10 30,000 300,000 30,000 300,000 30,000

89/07 10 360,000 3,600,000 330,000 3,300,000 3,000,000 89.05.30(89)

( )44639

91/08 10 1,500,000 15,000,000 800,000 8,000,000 4,700,000 91.08.07(91)

( )0910144929

92/01 10 1,500,000 15,000,000 1,000,000 10,000,000 2,000,000 91.10.23(91)

( )0910156570

94/12 10 2,200,000 22,000,000 1,500,000 15,000,000 5,000,000 94.10.19

0940146621

96/10 10 2,500,000 25,000,000 2,100,000 21,000,000 6,000,000 96.09.290960052

97/05 10 2,500,000 25,000,000 882,000 8,820,000 12,180,000 97.05.20

0970024717

97/06 10 2,500,000 25,000,000 1,382,000 13,820,000 5,000,000 97.05.20

0970024717

97/11 10 2,500,000 25,000,000 1,953,430 19,534,300 5,714,300 97.11.06

0970058757

100/12 10 3,000,000 30,000,000 673,000 6,730,000 12,804,300 100.12.14

1000060672

100/12 10 3,000,000 30,000,000 973,000 9,730,000 3,000,000 100.12.14

10000606721

102/03 10 3,000,000 30,000,000 1,183,971 11,839,710 2,109,710 102.02.26

1020005023

102/06 10 3,000,000 30,000,000 1,433,971 14,339,710 2,500,000 102.04.19

1020013657

44

45

( )

102/10 10 3,000,000 30,000,000 1,767,305 17,673,050 3,333,340 102.08.06

1020030453

102/12 10 3,582,000 35,820,000 751,574 7,515,741 10,157,309 102.12.23

1020052433

102/12 10 3,582,000 35,820,000 3,121,518 31,215,181 23,699,440 102.12.23

10200524331

103/05 10 3,582,000 35,820,000 610,000 6,100,000 25,115,181 103.4.25

1030014509

103/10 10 3,582,000 35,820,000 2,000,000 20,000,000 20,000,000

6,100,000

103.10.13

1030040286

104/12 10 3,582,000 35,820,000 3,000,000 30,000,000 10,000,000 104.10.12

1040040700

2.

105 5 2

3,000,000,000 582,000,000 3,582,000,000

3. 105 5 2 :

0 3 48 1,855 1 1,907

0 585,000,000 2,405,798,328 9,198,964 2,708 3,000,000,000

0% 19.5% 80.19% 0.31% 0% 100%

45

46

4. 105 5 2 ; :

1 999 1,541 259,139 0.01%

1,000 10,000 231 875,195 0.03%

10,001 20,000 57 871,861 0.03%

20,001 30,000 20 482,439 0.02%

30,001 40,000 11 403,491 0.01%

40,001 50,000 6 284,147 0.01%

50,001 100,000 14 1,064,652 0.04%

100,001 200,000 5 683,000 0.02%

200,001 400,000 4 1,150,000 0.04%

400,001 600,000 1 512,744 0.02%

600,001 800,000 1 800,000 0.03%

800,001 1,000,000 0 0 0%

1,000,001 16 2,992,613,332 99.74%

1,907 3,000,000,000 100%

5. 105 5 2 ; :

1,705,454,628 56.85%

300,000,000 10.00%

225,000,000 7.50%

195,000,000 6.50%

100,000,000 3.33%

98,854,105 3.30%

98,046,441 3.27%

60,000,000 2.00%

50,000,000 1.67%

50,000,000 1.67%

46

47

6.

103 104

105 3 31

8.57 7.05 8.57 7.05

( ) 1,673,973 2,068,493

(1.67) (2.90) ( )

- -

- -

- -

- -

7.

(1)

(2)

8.

9.

(1)

A. B. C.

47

48

105.4.27

( )

( )

( )

(2)

(104 )

(3)

A.

B.

(4)

10.

48

49

1.

2.

105 5 2

1

103 6 6

( 2 -

2.0%

5 ( 108 6 6 )

3

()

1

2 3

49

50

1.

105 5 2

100 10 05

101 03 01

25,000

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101 03 01 106 02 28

%

50% 75% 100%

0

0

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24.13 ( 2)

%

0.22%( 3)

1. 100 10 05

2. ( 2,000,000,000 �3,000,000,000 ) 24.13 3. 30,000,000,000

50

51

2.

105 5 2 :

( )

276 0% - - - - - - - -

788 0% - - - - - - - -

30,000,000,000

51

52

104 105

1.

104 105

4 1 2 3 4 105 4 4,491,000 123,000 1,337,000 1,353,000 1,040,000 638,000 105 4 5,509,000 2,000,000 1,000,000 1,500,000 1,000,000 9,000

10,000,000 2,123,000 2,337,000 2,853,000 2,040,000 647,000 2. 105

104 105

4 1 2 3 4

123,000 1,337,000 1,353,000 1,040,000 638,000 145,425 1,182,413 - - -

(%) 2.73% 32.51% - - - (%) 3.23% 29.57% - - -

2,000,000 1,000,000 1,500,000 1,000,000 9,000 0( 1) 5,615,000 - - -

(%) 36.3% 54.46% - - - (%) 0% 101.92% - - -

1 2.6G , 105 1

52

53

1.

(1)

A.G901011 B.G902011 C.F401010 D.F401021 E.I301040 F.IE01010 G.ZZ99999

(2) ○

2,112,044 23 %

6,903,100 77 % 9,015,144 100 %

(3)

( 4G)

(4)

A. carrier billing

Google Play Android App

105 Apple iTunes Sony Digital Windows 10APP

Android

90%Google Play

B.NFC

53

54

102 8 NFCTSM(Trusted Service Management) ( )

104 NFCNFC

NFC

C.

ATM …..

ATM

SSL PCI DSS Level 3

D.VOLTE(Voice over LTE)

2015 12 VOLTE iPhone 6 2016

2.

(1)

2014 4G2015 4G

4G 4G4G

ARPU4G

NCC

2016 2 124% 4G

54

55

2G/3G 20154G 4 IDC 2016 4G 6

3G 2G 2015 4G 2600MHz

4

2600MHz+ 900MHz900MHz 5MHz

2016

iPhone Android

4G

(2)

3G/4G

(3)

A. 104 12 100

125 104 1223,492,074 2G 3G4G 37% 25%26%

55

56

NCC 104 122,936.9 3G 57% 104 1,677.6 3G

103 5 4G 104 1,157.4 4G

39% NCC 104 11 2500MHz2600MHzD1 FDD-LTE 20MHz 900MHz B1 10x2 MHz

60MHz

B.

4G

3.

(1)LTE

4G 2015 4G 1,1573G 1,678 4G LTE LTE

2.0 2015

LTE-A(LTE-Advanced) 2015 NCCBand 7 ( 2500MHz 2600MHz) FDD

20MHz 2.0 2016 LTE-A

(2) (Carrier Aggregation, CA)

900MHz 2600MHz LTE-A225Mbps

10MHz 5 50MHz(Fragmented) ( 5MHz

5MHz)(FDD) (TDD)

56

57

(3)VOLTE

2015 12 VOLTECP 4G LTE

4G 4G

VOLTE LTEIMS (IP ) (Packet

Switching) LTE 2G/3G/CSFB

(4)

4G

4G /

OTT

(5)

App iOS Android/

(TSM)

NFC

4.

(1)

A.

B.

C. 31

4G

57

58

D.

E. 24hr

(2)

A.

B. (Big Data) 4G LTE

1.

(1) ( ) ( )

(2)

A. 104 12

3G 4G

6% 25% 26% 37%

B.

104 12 125%4G

(3)

A.

- 3G 4G

ARPU

58

59

-

- 104 10 30 ( )2G 4G 2,000 4G 200

2G 4G

B.

-

- 4G 3G

- ARPU

C.

-

-

-

-

2.

(1)

(2)

3.

59

60

4.

(1)

10

3

104

10

5

%

%

%

1

1,04

6,70

0 58

.81%

1,

090,

988

40

.44%

2

444,

654

24.9

8%

747,

062

27

.69%

3

142,

958

8.03

%

708,

114

26

.25%

1,63

4,31

2

91.8

2%

2,54

6,16

4

94.3

8%

(2)

10

3

104

10

5

%

%

%

--

--

--

--

--

--

60

61

5.

6.

:

103 104

131,483 1,470,449 244,137 2,112,044

1,571,2981 3,850,414 1,660,5871 6,903,100

1,702,781 5,320,863 1,904,724 9,015,144

1

103 104 105.05.02

( )

1,317 1,384 1,485 275 338 316

346 314 328

1,938 2,036 2,129 34 33 33

2.6 2.3 2.4

0.05% 0% 0% 14.29% 15.8% 15.9% 74.72% 76.1% 74.7% 10.94% 8.1% 9.4%

0% 0% 0% :

61

62

1.

(1)

(2) 92 10

2.

(1)

(2) 90.11.14

(3)

(4) 94.07.01

3.

(1)

(2)

4.

5.

( )

NOKIA SIEMENS NETWORKS Co. Ltd.

99.9.16 HSPA+

62

63

( )

ZTE (H.K.) LIMITED & Taiwan ZTE Co.,

Limited 99.9.17

Xunwei Technologies Co., Ltd.

100.1.28 Xunwei Technologies Co.,

Ltd. 1576 (H3Gn)

Xunwei Technologies Co., Ltd.

100.3.23 Xunwei Technologies Co.,

Ltd. 500 (H3Gn)

102.9.1~ 105.3.31

102.12.27

104.9.2 104

3G

104.12.20

105.3.31 2.6G

63

64

1. --

1

104 103

12,012,977 8,603,698 11,626,401 9,691,392 6,116,215 6,849,782 2,293,182 357,580 32,048,775 25,502,452

8,483,572 4,559,800 8,483,572 4,559,800

2,402,646 3,791,612

10,886,218 8,351,412 10,886,218 8,351,412

21,162,557 17,151,040

30,000,000 20,000,000 - -

(8,837,443) (2,848,960) (8,837,443) (2,848,960)

- - - - - -

21,162,557 17,151,040 21,162,557 17,151,040

1 103 ~104

64

65

2. --

1

102 101 100 99 98

1,104,219 1,487,423 1,844,848 1,375,512 1,936,020

7,000 1,000 9,346 541,130 1,060,483

6,330,789 10,576,618 10,622,302 11,429,100 11,908,023

2,701,880 4,909,127 5,545,070 6,090,486 6,545,000

196,808 4,135,513 4,101,554 4,504,260 4,148,096

10,340,696 21,109,681 22,123,120 23,940,488 25,597,622

7,149,504 7,983,407 4,650,546 6,306,916 7,246,326

7,149,504 7,983,407 4,650,546 6,306,916 7,246,326

718,364 8,410,766 8,605,336 9,148,693 8,102,019

94,828 97,622 89,638 38,189 42,738

7,962,696 16,491,795 13,345,520 15,493,798 15,391,083

7,962,696 16,491,795 13,345,520 15,493,798 15,391,083

31,215,181 9,730,000 9,730,000 19,534,300 19,534,300

548,877 548,877 548,877 548,877 548,877

(29,386,058) (5,660,596) (1,501,277) (11,636,487) (9,876,638)

(29,386,058) (5,660,596) (1,501,277) (11,636,487) (9,876,638)

- - - - -

- - - - -

- (395) - - -

2,378,000 4,617,886 8,777,600 8,446,690 10,206,539

2,378,000 4,617,886 8,777,600 8,446,690 10,206,539

1 98 ~102

65

66

3. --

1

104 103

9,015,144 5,320,863

229,318 219,595

(5,367,874) (2,768,891)

(626,631) (27,401)

(5,994,505) (2,796,292)

(5,994,505) (2,796,292)

- -

(5,994,505) (2,796,292)

6,022 7,487

(5,988,483) (2,788,805)

(5,994,505) (2,796,292)

- -

(5,988,483) (2,788,805)

- -

( ) (2.90) (1.67)

1 103 ~104

66

67

4. --

1 102 101 100 99 98

7,330,849 7,028,133 7,053,371 7,718,588 7,299,639 12,775 (205,975) 562,299 1,100,360 148,543 (3,325,272) (3,619,429) (1,738,663) (1,009,054) (4,345,932) 239,178 134,708 39,362 107,600 79,718 5,147,960 675,648 969,789 1,036,002 785,949

(8,234,054) (4,160,369) (2,669,090) (1,937,456) (5,052,163)

(12,350,118) (4,159,319) (2,669,090) (1,759,849) (4,249,235)

- - - - - - - - - -

- - - - -

(12,350,118) (4,159,319) (2,669,090) (1,759,849) (4,249,235) ( ) (21.39) (10.05) (3.95) (2.61) (2.18)

1 98 ~102

5.

104

103

102

101

100

67

68

1. --

( 1)

( 4)

104 103 102 101 100

(%) 33.97 32.75 -- -- --

(%) 202.69 216.10 -- -- --

(%) 141.60 188.69 -- -- -- (%) 135.35 182.20 -- -- --

(38.18) (32.86) -- -- --

10.05 11.65 -- -- -- 36 31 -- -- --

6.86 14.26 -- -- -- 4.21 5.32 -- -- --

53 26 -- -- --

0.85 1.10 -- -- --

0.31 0.34 -- -- --

(%) (20.39) (17.34) -- -- -- (%) (31.29) (24.22) -- -- --

(%)( 8) (19.98) (13.98) -- -- --

(%) (66.49) (52.55) -- -- -- (2.90) (1.67) -- -- --

(%) 2 2 -- -- -- (%) 2 2 -- -- --

(%) 2 2 -- -- --

3 3 -- -- -- 3 3 -- -- --

20

1. 103 4G

2. 103 4G

3. ( ) 103

4. 103

5. (%) 103 103 8 4G

6. (%) 103 103 8 4G

7. (%) 103 103 8 4G 1 103 ~104 2 3 103 ~104 4

68

69

1. (1) (2)

2. (1) (2) (3)

3. (1) ( ) (

) (2) 365 (3) (4) ( ) (

) (5) 365 (6) (7)

4. (1) × (2) (3) (4) 5

5. (1) (2) (

) (3) ( ) (

) ( 6) 6.

(1) ( ) ( 7) (2) ( )

5 1. 2. 3.

4.

6

1. 2. 3. 4. 5.

7

8

69

70

2. --

( 1)

( 4)

102 101 100 99 98

(%) 77.00 78.12 60.32 64.72 60.13

(%) 48.91 123.18 163.65 153.95 153.75

(%) 15.44 18.84 39.67 21.81 26.72

(%) 11.85 17.75 35.11 18.40 19.67

(21.02) (7.38) (5.07) (3.00) (9.52)

( ) 9.90 8.66 8.93 10.08 8.93 37 42 41 37 41

( ) 8.25 8.77 4.42 1.88 3.35 ( ) 1.53 1.80 3.99 1.71 4.45

44 42 83 194 109

( ) 1.16 0.66 0.66 0.68 0.61

( ) 0.71 0.33 0.32 0.32 0.29

(%) (76.40) (17.33) (6.35) (3.32) (9.71) (%) (353.07) (62.10) (30.99) (18.87) (35.24)

(%) (26.38) (42.76) (27.43) (9.92) (25.86)

(%) (168.47) (59.18) (38.24) (22.80) (58.21) (21.39) (10.05) (3.95) (0.90) (2.18)

(%) 2 2 3.32 6.74 2 (%) 2 2 2 2 2

(%) 2 2 0.01 0.02 2

3 3 3 3 3 3 3 3 3 3

20 1. 101 102 2. 101 -

3. 101

4. ( ) 101

5. ( ) 101

6. (%) 101

7. (%) 101 1 2 3 98 ~102 4

1.

70

71

(1) (2) 2. (1) (2) (3) 3. (1) ( ) (

) (2) 365 (3) (4) ( ) (

) (5) 365 (6) (7) 4. (1) × (2) (3) (4) 5 5. (1) (2) (

) (3) ( ) (

) ( 6) 6. (1) ( ) ( 7) (2) ( )

5 1. 2. 3.

4.

6

1. 2. 3. 4. 5.

7

71

72

73

74

75

75

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

110

111

112

113

114

115

116

117

118

119

120

121

122

123

124

125

126

127

128

129

130

130

131

1.

104.12.31 103.12.31

12,012,977 8,603,698 3,409,279 39.63%

11,626,401 9,691,392 1,935,009 19.97% 6,116,215 6,849,782 (733,567) (10.71%) 2,293,182 357,580 1,935,602 541.31% 32,048,775 25,502,452 6,546,323 25.67% 8,483,572 4,559,800 3,923,772 86.05%

2,402,646 3,791,612 (1,388,966) (36.63%) 10,886,218 8,351,412 2,534,806 30.35%

30,000,000 20,000,000 10,000,000 50.00% - - - - (8,837,443) (2,848,960) (5,988,483) (210.20%) - - - -

21,162,557 17,151,040 4,011,517 23.39% ( / )*100% -( /

)*100%

2. ( 20% ) (1) (2) 4G (3) 2.6GHz (4) 4G (5) (6) (7) 104 (8)

131

132

1.

104 103 (%)

9,015,144 5,320,863 3,694,281 69.43% 8,785,826 5,101,268 3,684,558 72.23% 229,318 219,595 9,723 4.43% 5,597,192 2,988,486 2,608,706 87.29%

- - - - (5,367,874) (2,768,891) (2,598,983) (93.86%)

(626,631) (27,401) (599,230) (2,186.89%) (5,994,505) (2,796,292) (3,198,213) (114.37%)

- - - - (5,994,505) (2,796,292) (3,198,213) (114.37%)

6,022 7,487 (1,465) (19.57%) (5,988,483) (2,788,805) (3,199,678) (114.73%)

( / )*100% -( /)*100%

2. ( 20% ) (1) 103 8 4G (2) 103 8 4G (3) 103 8 4G (4) 103 8 4G (5) 104 (6) 103 8 4G (7) 103 8 4G

1.

(1)

(2)

(3)

(4)

( )

(1)+(2)+(3)+(4)

7,211,961 (3,163,343) (4,102,437) 10,616,243 10,562,424 1.

(1)

(2) 2.6GHz

(3)

132

133

2.

(1)

(2)

(3)

(4)

( )

(1)+(2)+(3)+(4)

10,562,424 (4,114,667) (10,541,065) (700,000) (4,793,308) 4,793,308

1.

(1)

(2) 2600MHz

(3)

2.

1.

104 105

106.12.31 5,903,993 1,818,491 4,085,502

2.

1.

2.

3.

1.

(1)

(2)

133

134

(3)

2.

3.

4.

(1)NCC 102 105

1.15 10310 3G

(2) (NCC) (4G) 1036 4 4G

NCC 104 11 7 2500MHz 2600MHzD1 FDD-LTE 20MHz 900MHz B1 10x2

MHz 60MHz 104 98%

5.

6.

104 BSIMV YouTube 2015

101 2015

CP

134

135

7.

8.

9.

10.

11.

12.

/

1. ( )50,034,117

2. 43,857,345

3.

27,926,136

4. 7,330,28123,480,855

13,046,209

5.

66,774,28430,000,000

247,220

1. 15,805,706 2.

135

136

/

( )

2

4104 3

22ATS

105 1 26

29,754,092

1. 29,754,092

2.

iPhone

1. 2.

13.

136

137

103 1 103 06 06

103.05.23 35

43 6

34.9 103 06 13

( ) 43 6

1 1

17.5 10

( ) 10.0

( ) 7.5 10

34.9

137