Infineon Technologies Ag · XETR:IFX
Infineon Technologies — Investor Presentation (November 2012)
23 slides from Infineon Technologies's investor presentation, Nov 20, 2012
Slide 1: Industrial Power Control Investor and Analyst Webcast
Industrial Power Control Investor and Analyst Webcast London, 20 November 2012 Dr. Helmut Gassel Division President Industrial Power Control (IPC)
Slide 2: Table of Contents
Table of Contents IPC Segment Overview Growth Drivers and Market Opportunities Why We Are Winning Summary Disclaimer: This presentation contains forward-looking statements about the business, financial condition and earnings performance of the Infineon Group. These statements are based on as
Slide 3: Industrial Power Control (IPC) at a Glance
Industrial Power Control (IPC) at a Glance Revenue and Segment Result development Revenue split by region* [EUR m] 28.0% 28.3% 300 30% 23.0% 22.7% 19.9% 200 15.5% 14.7% 14.4% 20% 40% 48% 100 186 191 204 216 196 174 177 181 10% 12% Q1 FY09 Q1 FY10 Q1 FY11 Q1 FY11 52 54 47 49 39 0 27 26 26 0% Q1 Q2 Q3
Slide 4: Top Customers and Distributors
Top Customers and Distributors Top customers Revenue split by sales channel* 64% 36% Top distributors Direct customers Distribution * Based on revenues by fulfillment region for FY 2012. 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 4
Slide 5: IPC Portfolio Addresses Applications Across a Broad Spectrum of Power Levels
IPC Portfolio Addresses Applications Across a Broad Spectrum of Power Levels solar PV inverter onshore wind Energy generation offshore wind VSC Energy transmission VSC = voltage source converter HVDC = high-voltage direct current HVDC home appliances variable speed drive heavy construction vehicle E
Slide 6: Market Shares Worldwide
Market Shares Worldwide IGBT modules 2011* Discrete IGBTs 2011* Mitsubishi 32% Infineon 24% Infineon Internat. 19% 11% Rectifier Fuji Electric 13% Fairchild 10% Semikron 11% Renesas 10% Sanyo 3% Fuji Electric 9% Highlights Total market size: $4.1bn. Total market size: $1,120m. Biggest markets:
Slide 7: Market Shares in China
Market Shares in China IGBT modules 2011* Discrete IGBTs 2011* Mitsubishi 35% Infineon 22% Infineon 16% Fairchild 14% Internat. Fuji Electric 15% 12% Rectifier Semikron 8% Renesas 12% Sanyo 7% Mitsubishi 10% Highlights Highlights Market size: $1,170m. Market size: $309m. Infineon #1 in APAC (e
Slide 8: Drives By Far Biggest Application Segment; Renewables About 20%
Drives By Far Biggest Application Segment; Renewables About 20% Revenue split by application in FY 2012: EUR 728m Renewables Traction Drives UPS Home Appliances Others 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 8
Slide 9: Bookings Cyclically at Very Low Levels
Bookings Cyclically at Very Low Levels Revenue by application 200 2 Book-to-bill [rhs] Drives Revenues [Q1 FY11 = 100] Renewables 100 1 Traction UPS Home Appliances 0 0 Others Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY11 FY12 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 9
Slide 10: Table of Contents
Table of Contents IPC Segment Overview Growth Drivers and Market Opportunities Why We Are Winning Summary 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 10
Slide 11: Factory Automation: Huge Savings Potential By Variable Speed Drive (VSD)
Factory Automation: Huge Savings Potential By Variable Speed Drive (VSD) Global electricity demand by end- use application of electric motors Pumps Com- pressors Drives Fans Source: International Energy Agency: “Walking the Torque, May 2012 Comments About 300m electric motors are in use worldwide,
Slide 12: Wind: All-time High in 2012; 2013 to Suffer From PTC Cuts in the US
Wind: All-time High in 2012; 2013 to Suffer From PTC Cuts in the US Market development wind [GW] 50 40 30 20 Comments 10 Drop in the US wind market due to cuts in PTC*. 0 Ongoing grid coupling problems in 2011 2012 2013 2014 2015 2016 China still limit faster growth of new installations. Europe
Slide 13: Photovoltaics: Europe to Dip in 2013; APAC And the Americas Continue to Grow
Photovoltaics: Europe to Dip in 2013; APAC And the Americas Continue to Grow Development of PV inverters [GW] 60 50 40 30 Comments 20 Germany: Rush in 2012 before FiTs are 10 cut. Japan: New FiTs since July 2012 as part of the new clean energy policy. 0 2011 2012 2013 2014 2015 2016 China: Exp
Slide 14: Besides High-speed Trains, Metro Trains Are an Attractive Segment of Traction
Besides High-speed Trains, Metro Trains Are an Attractive Segment of Traction Market dev. metro systems 160 120 80 40 84 107 138 0 1990 2000 2011 Bangkok Skytrain. Courtesy of Siemens. Source: SCI Verkehr: “Metrofahrzeuge – Weltweite Marktentwicklung”, 2012 Comments Deployment of metro systems dri
Slide 15: Growth Driver Industrial and Off-Road Vehicles
Growth Driver Industrial and Off-Road Vehicles Forklift truck Hybrid bus Mining Trends General advantage of pure electric and diesel-electric drives over diesel: less fuel consumption, less CO2 emission, less noise pollution, less downtime (due to less frequent refueling, less frequent mai
Slide 16: Table of Contents
Table of Contents IPC Segment Overview Growth Drivers and Market Opportunities Why We Are Winning Summary 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 16
Slide 17: Infineon's Technology Roadmap Focuses on Increasing Wafer Size and Power Density
Infineon’s Technology Roadmap Focuses on Increasing Wafer Size and Power Density Increasing wafer size and Improvements in decreasing wafer thickness power density 100 125 150° 175° 200° 150 mm 200 mm 300 mm 125°C mm mm C C C 250 300 220 200 Power density [ kW / cm2 ] 250 250 Wafer thickness [ µm ]
Slide 18: New Materials: Silicon-Carbide (SiC)
New Materials: Silicon-Carbide (SiC) 2001: 2011: 2012: SiC diode thinQ™ SiC JFET CoolSiC™ SiC Easy Module Infineon has a ten year track record in SiC technology. SiC is used where highest efficiency is key: a.) PV inverters, b.) power supplies for high-end PCs, servers (data centers), telecom.
Slide 19: Infineon Further Advances Performance Through Innovations in Modules
Infineon Further Advances Performance Through Innovations in Modules Ever-increasing power density 1995 2001 2007 2014 IGBT2 IGBT3 IGBT4 IGBT5 34mm module EconoPACK™2 EasyPACK2B PrimePACK™2 1200 V 1200 V 1200 V 1200 V 0.46 kW/cm2 0.89 kW/cm2 1.16 kW/cm2 1.31 kW/cm2 Tj=125°C
Slide 20: Broad Portfolio and Know-How Enable Infineon to Address System Solutions
Broad Portfolio and Know-How Enable Infineon to Address System Solutions Example: Addressed by other Addressed by variable speed drive Infineon divisions IPC Combining our technologies, experience and customer relationships to boost Infineon’s value-add at the system level. Value of power semico
Slide 21: Table of Contents
Table of Contents IPC Segment Overview Growth Drivers and Market Opportunities Why We Are Winning Summary 20 Nov 2012 Copyright © Infineon Technologies 2012. All rights reserved. Page 21
Slide 22: Summary
Summary Broad portfolio covering all relevant applications and end markets. Leading market share in all relevant product groups and regions. Strong secular mid- to long-term growth drivers: automation, renewable energies, traction, CAV (commercial & agricultural vehicles), electricity
Slide 23: Infineon
Cinfineon Innovative semiconductor solutions for energy efficiency, mobility and security.
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