Microchip Technology Incorporated · NASDAQ:MCHP
Microchip Technology — Needham Automotive Conference 2019
33 slides from Microchip Technology's conference presentation, June 2019
Slide 1: Microchip In Automotive
Ganesh Moorthy Microchip In Automotive President and Chief Operating Officer ©June 2019
Slide 2: Forward Looking Statement Safe Harbor
Forward Looking Statement Safe Harbor: During the course of this presentation, we will make projections or other forward-looking statements regarding the future financial performance of the company or future events, including our strategy, growth drivers, industry outlook, industry trends, market si
Slide 3: Q1FY20 Business Update
Q1FY20 Business Update We have no guidance update since our earnings call of May 8th The rhetoric on tariffs has gotten more negative since our May 8th call Since May 8th the Huawei shipment ban was announced and is in effect Huawei represents between 1% and 2% of our revenue The rest of o
Slide 4: Corporate Overview
Corporate Overview ● Leading Total Systems Solutions provider: ● High-performance standard and specialized Microcontrollers, Digital Signal Controllers and Microprocessors ● Mixed-Signal, Analog, Interface and Security solutions ● Clock and Timing solutions ● Wireless and Wired Connectivity solution
Slide 5: Our Vision
Our Vision Be The Very Best Embedded Control Solutions Company Ever ©June 2019 5
Slide 6: Annual End Market Demand Growth
Annual End Market Demand Growth 114 consecutive quarters of profitability! $ Million ©June 2019 6
Slide 7: Providing Total System Solutions
Providing Total System Solutions Power Management RFICs DC-DC Converters Encryption MMICs Supervisors & Ref. & LDOs, Battery Mgt. Security High Voltage Discretes & Modules I/Os Precision Digital Voltage Potentiometer Reference Motor Drivers Sensors Amplifiers Filters A/D Voice & Power Audio Drivers
Slide 8: Revenue by End Market
Revenue by End Market Aero & Defense Industrial Communication 10% 28% 13% Computing 15% Automotive Consumer 18% 16% Microchip is a top 10 semiconductor player in each of Automotive and Industrial markets and # 1 in the world for Aero & Defense ©June 2019 8
Slide 9: Expanding Microchip Solutions Through Acquisitions
Expanding Microchip Solutions Through Acquisitions Bluetooth® & Development Tools Embedded Wi-Fi® High-Voltage Analog & Compiler Motor Drive Mixed-Signal Products Products Hampshire FPGAs, SoCs, ASICS, Power, PoE, Timing and Low-Power LSS Analog & mixed-signal, Storage systems High-Speed Non-volatil
Slide 10: Microchip in Automotive
Microchip in Automotive 25+ years of proven track record in delivering embedded solutions to global automotive OEMs #1 supplier of Capacitive Touch Screen Controllers (HMI) #1 supplier in USB and Infotainment Connectivity Leading supplier of Automotive Networking Solutions Leading supplier
Slide 11: Automotive Semiconductor Growth Drivers
Automotive Semiconductor Growth Drivers Electrification Assisted and Autonomous Driving HMI/Infotainment Automotive Cybersecurity MCHP ©June – Strictly Confidential. Under NDA. Not to be distributed 2019 11
Slide 12: Electrification
Electrification Emission regulations and incentives are accelerating vehicle electrification Electric vehicle sales growth CAGR 2019-2025: 30% Car makers announced investment in electrification of > $300B EV Semiconductor content: >2X compared to combustion engine car Electric Vehicle Produc
Slide 13: EV: New Applications
EV: New Applications Electric Motor eSound Thermal System/ Compressor Regenerative Braking System Battery Management System DC/DC Converter On Board AC Charger MCHP ©June – Strictly Confidential. Under NDA. Not to be distributed 2019 13
Slide 14: On Board Charger
On Board Charger On Board Charger for EVs & Hybrids: AC up to 22kW CAGR 2019–22: 52%, Semi SAM: $150-$450 / system Market leadership in high efficiency digital power conversion, dsPIC Silicon Carbide (SiC) Diodes and Transistors – higher efficiency L1 L2 L3 Input Stage PFC Stage DC/DC SiC Di
Slide 15: eSound module
eSound module Electric cars are silent = danger for pedestrians => sound generation <30km/h = mandatory safety feature: US (9/2020), EU (7/2021) Chimes, Beeps, engine noise simulation, tires on gravel sound, etc. Semi SAM: $8 - $10 / independent eSound module Market leadership in infotainmen
Slide 16: HMI / Infotainment
HMI / Infotainment HMI and Infotainment Systems are key car sales differentiators Infotainment growth exceeds the growth in car sales Consumer Device connectivity: data and power Acoustics: voice commands, noise cancellation, hands free Always on: telematics data service, real time maps, e
Slide 17: Infotainment & HMI
Infotainment & HMI Sunroof Opener/ Wireless Charging Door Control Panel Overhead Console Active Noise Cancellation Display Mirror Center stack USB Connectivity Door handle Electronic pedal / Kick Sensor Middle console Rear seat entertainment MCHP ©June – Strictly Confidential. Under NDA. Not to be d
Slide 18: Automotive Touch Market
Automotive Touch Market In 2019 >70% of all cars will be equipped with a touch surface, 100% by 2024 – Microchip automotive touch controller market share: >70% Multiple screens and touchpads fuel long term growth Screen size increases with free form and/or curved displays/overlays Haptic fee
Slide 19: 1D - 2D - 3D Touch
1D - 2D - 3D Touch Touch Buttons, Touch Screen, Touchless gestures Semi SAM: $1 - $10 / system Driver safety is a major focus in next gen HMI: Haptics, force feedback Microchip is the market leader for automotive capacitive touch solutions: ICs, firmware and touch sensor design support Touch
Slide 20: Knobs - Haptics
Knobs - Haptics Maxtouch controllers support Rotary Knobs glued on touch displays – no additonal electronics required Knob on Touch Display Touch Technology Display on Demonstrator 2019 Knob MCHP ©June – Strictly Confidential. Under NDA. Not to be distributed 2019 20
Slide 21: Land Rover Velar
Land Rover Velar 3D Gesture Control Sunroof Opener MGC3140 2D Touch Control 2D Touch Pads Upper Touchscreen 2x SAMD1 + Touch Library MXT1189T-A 2D Touch Control 1D Touch Lower Touchscreen Approach Sensing MXT641T-A Door Handle PICmicro MCHP ©June – Strictly Confidential. Under NDA. Not to be distrib
Slide 22: USB C with Power Delivery
USB C with Power Delivery USB C: 5GBit data connection and up to 100W power: reduces charging time from hours to minutes CAGR 2019 – 25: 125%; SAM: $8 - $12 / system Microchip is the market leader for Automotive USB solutions ½ Bridge ½ Bridge 20.0V Driver Driver USB Hub SyncBoost VBUS with Bu
Slide 23: Wireless Charging
Wireless Charging Wireless phone charging capabilities drive deployment in cars CAGR 2019-25: 43%; SAM: $5 - $7 / automotive wireless charging port Digital power conversion leadership, Qi libary, flexible security Vbat Gate Driver MOSFET Buck Regulator Gate Driver MOSFET Linear Microchip 16-bi
Slide 24: Assisted Driving
Assisted Driving Lane Departure Rain Sensor Front Lane Keep Assist Pedestrian Collision Avoidance Detection Surround View Camera Blind Spot Back up Camera Data Conversion Detection Control & Config Autonomous Parking Connectivity Adaptive Lighting Power Mgmt Traffic Sign Parking Sensors Security Rec
Slide 25: Highly Assisted / Autonomous Driving
Highly Assisted / Autonomous Driving L3+ and beyond requires centralized decision making (steering, braking, etc.) => high performing central vehicle computer(s) Raw data sent from the sensors to the computer => Low latency and high speed Redundancy for safety => multiple “brains” required, co
Slide 26: Highly Assisted / Autonomous Driving Vehicle Computer
Highly Assisted / Autonomous Driving Vehicle Computer Trust Flash DC/DC Anchor Sensors CAN/CANFD MPU PCIe Ultrasonic LIN / CAN Regulator LDO LDO Actuators 10 BaseT1S Ethernet Flash To 100 BaseT1 Switch PCIe Infotainment Radars Switch Domain PCIe MEMS Re-Timer Clock PCIe 100/1000 Re-Timer V2X / 4G /
Slide 27: Everything but…
Everything but… … the sensors and the main processor: Vehicle Computer MCU & Memory / Sensor Signal Main In vehicle In vehicle Security Conditioning Sensing ADAS network cable network MEMS Oscillators Element controller Power Data 10Base-T1S Data 10Base-T1S Management Power Mgmt Data Sensor transfer
Slide 28: Automotive Security
Automotive Security The number of entry points for hackers is rising: Wifi / Bluetooth / cellular / USB ports / C2X / etc. Networks and ECUs need to be secured to ensure safety integrity of the car HSM (hardware security module) is being established as the automotive security standard HSM ca
Slide 29: Automotive Security
Automotive Security Security @ several levels: • Secure Boot (ensure only authorized SW is used) • Message Authentication (only authorized ECUs can talk) • Message Encryption (secure messages on bus systems) • Certificate storage and handling (identification of sender) ©June 2019 29
Slide 30: Security at Many Nodes
Security at Many Nodes HW Security Trust Anchor or Microcontroller with HSM MCHP ©June – Strictly Confidential. Under NDA. Not to be distributed 2019 30
Slide 31: Telematics Unit
Telematics Unit CAGR 2017 – 25: 22%, Semi SAM: $15 / unit 25 years experience in security, certificates provisioning, ecosystem CODEC VBat WiFi 3G/4G/ DC/DC 5G Bluetooth pWLAN Modem 802.11p Power CV2X Wireless Rechargeable Battery PCIe / RGMII Ethernet Clock 32-bit MCU Controller Microchip EEPRO
Slide 32: Automotive Summary
Automotive Summary Emerging supplier for EV high power electronics: SiC Essential component supplier for autonomous cars: PCIe Leading position in: Automotive Networking, Embedded Control and Car Access #1 in USB and Infotainment Connectivity #1 for Capacitive Touch Solutions 25+ years t
Slide 33: Thank You!
MICROCHIP Thank You!
Microchip Technology — Needham Automotive Conference 2019 on 6ix