Renesas Electronics Corporation · TSE:6723
Renesas Electronics — Investor Day (May 2023)
24 slides from Renesas Electronics's investor day presentation, May 19, 2023
Slide 1: Automotive Strategy
AUTOMOTIVE STRATEGY MAY 19, 2023 VIVEK BHAN SVP, CO-GM OF HIGH PERFORMANCE COMPUTING, ANALOG AND POWER SOLUTIONS GROUP RENESAS ELECTRONICS CORPORATION © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 2: Market Outlook
MARKET OUTLOOK Content Growth continues to increase per Vehicle with autonomous, electrification and enhanced architectures Global light vehicle production (M Unit) TAM of auto semiconductor 100 (Trillion yen) 90 1.1x 80 10 70 2019 2029 Source : LMC Automotive Global Light Vehicle Forecast (Q1 2023)
Slide 3: Financials at a Glance
FINANCIALS AT A GLANCE Total 26% CAGR Revenue GM 60% (oku yen) 30% Control 6,000 CAGR 50% GM 40% 31% CAGR 30% 3,000 Cockpit/Others 20% 10% 49% CAGR - 0% 2020 2021 2022 ADAS/EV/Gateway © 2023 Renesas Electronics Corporation. All rights reserved. 3
Slide 4: Overview of Automotive Business Direction
OVERVIEW OF AUTOMOTIVE BUSINESS DIRECTION Focus applications Going broader E/E architecture Enhance Cross SG collaborations to define products that can be used in both segments Automotive assets MCU SoC Industrial, AD / ADAS EV Infrastructure and IoT assets Analog Power © 2023 Renesas Electronics Co
Slide 5: E/E Architecture
E/E ARCHITECTURE © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 6: Renesas Growth in E/E Architecture Market
RENESAS GROWTH IN E/E ARCHITECTURE MARKET Growth expected by expanding the processor and product portfolio Revenue growth SAM growth CAGR 16% CAGR 43% 2021 2022 Long term 2021 2022 Long term Source: Renesas Estimation based on TechInsights © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 7: Accelerating Growth in E/E Architecture
ACCELERATING GROWTH IN E/E ARCHITECURE Investment and leadership in processors Low power entry processing to high performance computing Scalable HW, Reusable SW, Open, Broad ecosystem Automotive processor SAM* 2.2x Expand & Evolve Performance scalability HPC & AI UX SoC Cross Domain Compute Sensor/A
Slide 8: Shift Left: Virtual Unified Environment
SHIFT LEFT: VIRTUAL UNIFIED ENVIRONMENT Virtual cloud development environment enables early SW/HW co-design Accelerating application development & product market introduction Customer pain points Renesas solution Real environment Virtual SDK for cloud environment System problems are found at t
Slide 9: AD/ADAS
AD/ADAS © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 10: Renesas Growth in AD/ADAS Market
RENESAS GROWTH IN AD/ADAS MARKET Revenue increase expected by strengthening high-performance compute, sensors, and product portfolio Revenue growth SAM growth CAGR CAGR 36% 21% 2021 2022 Long term 2021 2022 Long term Source: Renesas Estimation based on TechInsights © 2023 Renesas Electronics Corpora
Slide 11: Advancing Radar Solutions with Superior Digital Assets
ADVANCING RADAR SOLUTIONS WITH SUPERIOR DIGITAL ASSETS More digital integration and higher compute power for ADAS/AD continuous challenges Camera Radar Ultrasonic LiDAR Smart radar** Satellite radar* PoC with R-Car Radar automotive grade Multiple customers samples delivery engagement in progress Rad
Slide 12: Transforming ADAS/AD with AI Investment
TRANSFORMING ADAS/AD WITH AI INVESTMENT Enhance high performance compute Improve development environment to simplify customer journey. Customer experiences Renesas initiatives Increase compute w/ flexibility Next Gen AI performance State-of-the-art performance with Performance flexible HW acce
Slide 13: EV
EV © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 14: Renesas Growth in EV Market
RENESAS GROWTH IN EV MARKET Accelerate market growth by investment in optimized systems as well as power solutions Revenue growth SAM growth CAGR CAGR 36% 24% 2021 2022 Long term 2021 2022 Long term Source: Renesas Estimation based on TechInsights © 2023 Renesas Electronics Corporation. All rights r
Slide 15: Optimized Applications Solutions for EV
OPTIMIZED APPLICATIONS SOLUTIONS FOR EV Turnkey solutions to meet the demand of emerging EV manufacturers. New players in EV field Optimized solutions for EV EV inverter EV inverter BMS Key buying factors reference solution model & SW model & SW Turnkey solutions Lower development cost Battery F
Slide 16: Comprehensive Product Portfolio for EV
COMPREHENSIVE PRODUCT PORTFOLIO FOR EV Innovative technology enabling highest range, highest power efficiency Inverter BMS/wBMS Leading edge HW State of the art IGBT/SiC Systems and SW enabling algorithms more range Pack SOH (%) Pack SOC (%) On-Board charger Advanced GDU providing 69 84 lower power
Slide 17: Addressing Multiple EV System Trend: X-in-1
ADDRESSING MULTIPLE EV SYSTEM TREND : X-IN-1 Leveraging MCU vast lineup, wide analog & power portfolio and system-level knowledge to address different system configurations. Independent multiple ECUs Integrated ECU functions in E-Axle MCU in each ECU MCU with higher performance OBC BMS DC/DC Inverte
Slide 18: Power: Strategy Acceleration
POWER: STRATEGY ACCELERATION Accelerate investment for capacity New technologies for enhanced efficiency and performance 300mm IGBT SiC Next-gen IGBT (AE5) development on track New investment for in-house fab (Mass production 2025) K6 300mm Fab on track (Mass production 2025) Best in cla
Slide 19: Cross-Sell/Connectivity Opportunity Maximizing Renesas Growth
CROSS-SELL/CONNECTIVITY OPPORTUNITY MAXIMIZING RENESAS GROWTH © 2023 Renesas Electronics Corporation. All rights reserved.
Slide 20: Leveraging Assets from Non-Auto to Auto
LEVERAGING ASSETS FROM NON-AUTO TO AUTO Using IP from industrial and consumer electronics to create new business and growth IP from industrial, consumer electronics NFC BLE Photocoupler In-Cabin wireless power solution Op-amp CMIC ｗBMS LED backlight solution driver Haptics All automotive driver solu
Slide 21: Connected Technology from Non-Auto to Auto
CONNECTED TECHNOLOGY FROM NON-AUTO TO AUTO By auto-qualifying connectivity ICs more applications can be addressed BLE UWB Digital key Auto qualifying Wireless BMS NFC WiFi Tire-pressure monitor © 2023 Renesas Electronics Corporation. All rights reserved. 21
Slide 22: Summary
SUMMARY Investing in high performance compute Introduction of Arm based MCU processors Enhance software, AI and infrastructure Expand power devices portfolio and invest in manufacturing Leverage non-auto technology and IP assets to auto © 2023 Renesas Electronics Corporation. All rights reserved. 22
Slide 23: Thank You
THANK YOU © 2023 Renesas Electronics Corporation. All rights reserved. 23
Slide 24: Forward-Looking Statements
(FORWARD-LOOKING STATEMENTS) The statements in this presentation with respect to the plans, strategies and forecasts of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. Such forward looking statements do not r