Coherent Corp. · NYSE:COHR
Coherent — II-VI — Investor Presentation (May 2020)
9 slides from Coherent's investor presentation, May 29, 2020
Slide 1: SiC-Based Materials and Devices Enabling Electrification and Mobility at Scale
SiC-Based Materials and Devices Enabling Electrification and Mobility at Scale May 29, 2020 Copyright 2020, II-VI Incorporated. All rights reserved.
Slide 2: II-VI Incorporated Q3 FY2020 Overview
II-VI Incorporated Q3 FY2020 Overview “TWO SIX” Refers to groups II and VI $627M of the Periodic Table of Revenue 11% Elements 7% Military $388M 68% Revenue by End Markets 6% Consumer Electronics Core Competency: Cash and Equivalents ENGINEERED MATERIALS 5% Semi. Cap. Equip. 2% Life Science $120M YT
Slide 3: Core Strategy
Core Strategy Core Competency Innovation Strategy ▪ A Leader in engineered materials and optoelectronic devices Markets Diversified per Platform ▪ Differentiated lasers, optics, and integrated circuits Infrastructure Capital Intensive ▪ Enabling the convergence of communications, computing, Performa
Slide 4: Addressing Multiple Strong and Growing Markets
Addressing Multiple Strong and Growing Markets Optical Communications 3D Sensing & LiDAR RF and Power Electronics Aerospace & Defense GaAs | InP | LCoS GaAs | InP SiC | GaN/SiC | Diamond GaAs | Sapphire For terrestrial, undersea, For 3D sensing in consumer For electric vehicles, smart For F35, conte
Slide 5: Strategic Compound Semiconductor Platforms: SiC and GaN
Strategic Compound Semiconductor Platforms: SiC and GaN Champaign, IL, USA Easton, PA, USA Pine Brook, NJ, USA GaN and SiC EpiWafers SiC Substrates (RF and Power) SiC Substrates (RF and Power) • GaN/SiC RF • Crystal growth • R&D • SiC/SiC Power • Ongoing Expansion • Crystal growth • Ongoing Expansio
Slide 6: II-VI SiC Diameter Expansion Timeline
II-VI SiC Diameter Expansion Timeline 2’’ Wafer World First Manufacturing 100 mm Wafer 150 mm Wafer 200 mm Wafer 3’’ Wafer Demonstrated Demonstrated Demonstrated Manufacturing High Quality Wafer Manufacturing 4H n-Type 6H SI Manufacturing Major Capacity Expansion 02 03 04 05 06 07 08 09 10 11 12 13
Slide 7: SiC Manufacturing Capacity Expansion
SiC Manufacturing Capacity Expansion Relative Quantity of Substrates Actual Projected Doubled Capacity 5-10x Capacity Increase Every 18-24 Months Over the Next 5 Years Calendar Year Copyright 2020, II-VI Incorporated. All rights reserved. Page 7
Slide 8: Enabling Electrification & Mobility
Enabling Electrification & Mobility Ramping silicon carbide substrate capacity 5-10x over the next 5 years POWER ELECTRONICS FOR ELECTRIC VEHICLES RF ELECTRONICS FOR WIRELESS BASE STATIONS ▪ 100, 150 mm diameter conductive substrates ▪ 100, 150 mm diameter semi-insulating substrates ▪ 2015: World’s
Slide 9: Materials That Matter
IVI MATERIALS THAT MATTER