On Semiconductor Corporation · NASDAQ:ON
On Semiconductor — Investor Day (March 2017)
27 slides from On Semiconductor's investor day presentation, Mar 10, 2017
Slide 1: Financial Analyst Day, Phoenix, Arizona, March 10, 2017
Financial Analyst Day Phoenix, Arizona March 10, 2017 Exhibit 99.1
Slide 2: Rethink Energy Efficiency
RETHINK ENERGY EFFICIENCY. Financial Analyst Day | Phoenix, Arizona | March 10, 2017
Slide 3: Agenda
Agenda Analyst Day 2017 Introduction - Parag Agarwal8:00-8:05 Strategic Overview - Keith Jackson8:05-8:35 Q&A Analog Solutions Group - Bob Klosterboer 8:50-9:20 Image Sensor Group - Taner Ozcelik 9:20-9:50 Break Power Solutions Group – Bill Hall10:05-10:35 Q&A Finance - Bernard Gutmann10:50-11:20 Q&
Slide 4: Safe Harbor Statement and Non-GAAP and Forecast Information
Safe Harbor Statement and Non-GAAP and Forecast Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expec
Slide 5: Keith Jackson, President and CEO
Keith Jackson, President and CEO RETHINK ENERGY EFFICIENCY.
Slide 6: Driving shareholder value through strong execution and free cash flow generation
Driving shareholder value through strong execution and free cash flow generation Analyst Day 2017 ON Semiconductor
Slide 7: Key Takeaways
Analyst Day 2017 Key Takeaways 1 2 3 4 Highly diversified & defensible business with high revenue visibility, & increasing exposure to Auto, Industrial, & Comm. markets ON has transformed itself into a provider of enabling technologies in strategic end-markets Margin expansion & accelerated Free Cas
Slide 8: Evolution Into a Power and Analog Player
Analyst Day 2017 Evolution Into a Power and Analog Player Analog/Power/Sensors Consumer + Computing Auto/Industrials/Comm. 2006 2011 4Q 2016 Other
Slide 9: Highly Diversified Customer Base
Analyst Day 2017 Highly DIVERSIFIED CUSTOMER BASE Top 20 customers 36% of 2016¹ revenue ¹: FY2016 represents FY16 Pro Forma ON+FCS Revenue
Slide 10: Enabling Innovation
Analyst Day 2017 Enabling Innovation AUTOMOTIVE Sensor fusion for ADAS applications Vehicle electrification and power management for EV/HEV Disruptive technologies, such as solutions for ring cabling INDUSTRIAL GaN and SiC based power management solutions Machine vision for industrial automation, ro
Slide 11: Strategic Priorities
Analyst Day 2017 Strategic Priorities Accelerate Free Cash Flow Generation Growth with Profitability Continue to Improve Industry Leading Cost Structure Leverage Sales Reach and Distribution Partnerships Invest in markets with sustained profitability and growth: Auto, Industrial, Communications Targ
Slide 12: Fairchild Integration Update
Analyst Day 2017 Fairchild Integration Update Customer and market response better than expected Strong execution driving higher than expected synergies Positive revenue synergies with Fairchild bookings up 49% year on year Significant cross-selling opportunities Exceeding Strategic and Financial Obj
Slide 13: Transformative impact of Fairchild
Analyst Day 2017 Transformative impact of Fairchild Catapults ON to a leadership position in power market Customers looking for alternative to market leader Positions ON as one-stop shop for multiple products and technologies Addition of key technologies to ON’s portfolio Fast charging, USB-C, SiC,
Slide 14: Thoughts on Industry Consolidation
Industry consolidation to continue Still too many sub-scale players Significant fragmentation in Analog/Power segment Scale is relative Larger players will continue to consolidate Maintaining competitive cost structure is critical ON will participate, but as always, in a disciplined manner Investmen
Slide 15: Extending competitive advantage, accelerating margin expansion
Analyst Day 2017 Extending competitive advantage Accelerating margin expansion Integrated manufacturing with unrivaled scale1 Enabling new technologies to address key markets Highly differentiated power management, analog & sensor products Synergistic and broad product portfolio with 84k SKUs Indust
Slide 16: Synergistic portfolio example - ADAS
Analyst Day 2017 Synergistic portfolio EXAMPLE - ADAS EEPROM CAV25M02 Video I2C 3.3V Image Sensor AR0132AT LDO NCV8170 3.3V 1.5V 1.3V Multi-Rail Power Supply PMU NCV97310 LDO NCV8154 Camera LVDS Deserializer EEPROM CAV25M01 Image Sensing LED Driver NCV1406 LDO NCV8152 LED Touch Sensor LC717A00AJ Dis
Slide 17: Value Proposition to Customers
Analyst Day 2017 Value Proposition to Customers Enabler of new technologies in power, analog, sensors and connectivity for auto, industrial, and communications markets Focused on providing solutions with synergistic and broad product portfolio of 84,000 SKUs Reliable supplier with industry leading c
Slide 18: Strategic Focus on Key Markets
Analyst Day 2017 Strategic Focus on Key Markets AUTOMOTIVE Expected 4 year revenue CAGR of 7-9% Broad engagement with global market leading Tier-1 integrators & OEMs Leadership in high growth applications like ADAS, LED lighting, motor control and EV/HEV powertrain INDUSTRIAL Expected 4 year revenue
Slide 19: Automotive - Expected Revenue CAGR 7-9%
Analyst Day 2017 Automotive- Expected Revenue CAGR 7-9% Body & Interior Lighting In-Vehicle Networking Autonomous Vehicles Vehicle Electrification (EV/HEV) ¹: FY2016 represents Q4’ 16 Annualized values. ¹
Slide 20: Addressable content of $200-$400 in autos
Analyst Day 2017 Addressable content of $200-$4001 in autos Powertrain Engine Control Transmission Control Ignition Throttle Control Start-Stop 48 V System Electrification Charging Body & Interior Body Computers & Gateways HVAC Door & Seat Smart-Junction Box Instrument Clusters Infotainment Connecti
Slide 21: A Leader in Vehicle Electrification
Analyst Day 2017 A Leader in Vehicle Electrification Shared Portfolio 650/1200 V IGBTs 650 V GaN transistors Op-amps & current sense DC-DC, LDO, IVN, ASIC 650/1200 V Rectifiers 1200 V SiC Rectifiers/FETs Main Drive 650 V IGBTs Half-bridge drivers P-channel MOSFETs 650 V GaN transistors Automotive mo
Slide 22: Industrials - Expected Revenue CAGR 3-5%
Analyst Day 2017 Industrials- Expected Revenue CAGR 3-5% High Performance Power Conversion Industrial Automation Internet of Things ¹ ¹: FY2016 represents Q4’ 16 Annualized values.
Slide 23: A Leader in High Performance Power Conversion
Analyst Day 2017 A Leader in High Performance Power Conversion 480 V AC 3 Phase Loads: CPU DSP Memory 650 V SJ MOSFETs 650 V Si/SiC FETs/Rectifiers 1200 V IGBT PIMs 650 V GaN transistors PFC/PWM controllers 650 V IGBTs DrMOS DC-DC Buck-Boost PMICs DC-DC Buck LDOs LV FETs 1.8 V, 3 A 1.2 V, 1 A 5.0, 3
Slide 24: A Leader in Motor Control
Analyst Day 2017 A Leader in Motor Control Emerging Precision Motion Control Silent BLDC Advanced Substrates Motor Power Module Industrial 1ph/3ph BLDC Drivers Complex Motion Control Motor Power Module Silicon Carbide Power Discretes Opto Gate Drivers
Slide 25: Communications - Expected Revenue CAGR 2-4%
Analyst Day 2017 Communications - Expected Revenue CAGR 2-4% USB Type C Fast & Wireless Charging Wireless infrastructure Power ¹ ¹: FY2016 represents Q4’ 16 Annualized values.
Slide 26: Addressable content of $9 in smartphones
Analyst Day 2017 Addressable content of $9 in smartphones High Power Load Switches and FETs Low Power Load Switches and FETs AP MCU PMIC Camera PMIC Buck Boost, Buck-Boost 2-input and High Current Switching Battery Charger LDOs Power Discretes Fuel Gauge Battery FETs, BPIC USB PD/Type-C Interface Co
Slide 27: Summary
Analyst Day 2017 Summary 1 2 3 ON has transformed itself as provider of enabling technologies for its strategic end-markets – Automotive, industrial, and communications Focus on accelerating free cash Flow and expanding margins through operational improvements and synergies Fairchild integration ahe