Diodes Incorporated · NASDAQ:DIOD
Diodes — Diodes Inc /Del/ — Raymond James 33rd Annual Institutional Investors Conference 2012
25 slides from Diodes's conference presentation, Mar 5, 2012
Slide 1: Raymond James 33rd Annual Institutional Investors Conference
Raymond James 33 rd Annual Institutional Investors Conference Orlando, FL March 5-6, 2012 Exhibit 99.1
Slide 2: Safe Harbor Statement
Page 2 Safe Harbor Statement Any statements set forth herein that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include,
Slide 3: Management Representative
Page 3 Management Representative Dr. Keh-Shew Lu President and CEO President and CEO Since 2005 Director – Diodes 10 years Texas Instruments 27 years Experience: Senior Vice President of TI Worldwide Analog and Logic Senior Vice President of TI Worldwide Memory President of Texas Instruments – Asia
Slide 4: Company Representative
Page 4 Company Representative Laura Mehrl Director of Investor Relations Since May 2010 Experience: Director of Investor Relations, Diodes Incorporated, Plano, Texas Senior Business Development Manager, STMicroelectronics, Carrollton, Texas Sales Director for Analog Devices Inc., Shanghai, China Pro
Slide 5: About Diodes Incorporated
Page 5 A leading global manufacturer and supplier of high-quality application specific, standard products the broad discrete, logic and analog markets, serving the computing, consumer, industrial, communications and automotive segments. About Diodes Incorporated within
Slide 6: Business Objective
Page 6 Business Objective To consistently achieve above-market profitable growth , utilizing our innovative and cost-effective packaging technology, suited for high volume, high growth markets by leveraging process expertise and design excellence to deliver high quality semiconductor products
Slide 7: Total Semiconductor Market ($300 bn)
Page 7 2011 Total Semiconductor Market ($300 bn) Significant Market Opportunity
Slide 8: Diodes Growth Strategy
Page 8 Diodes Growth Strategy Many Paths for Growth: Product portfolio Product arena Product line expansion Performance enhancement Application space Targeted end equipments Broad customer base Increased product coverage Packaging breadth Broad packaging portfolio Increased power density Small form
Slide 9: Product Portfolio Progression
Page 9 2006 2010 Product Portfolio Progression Discrete Diodes MOSFETs Rectifiers Transistors Protection Devices Analog Power Management Power Switches Standard Linear Sensors LED Drivers Logic Low Voltage CMOS High Speed CMOS Advanced Ultra-Low Power CMOS
Slide 10: Performance Enhancement
Page 10 Performance Enhancement Diodes’ product upgrade has expanded our SAM SBR (Super Barrier Rectifiers) (Vb < 400v) DIOFET (Low R DS(on) , Vb < 100V) CMOS LDO (Low power) DC-DC (Asynchronous, high current) SKY Rectifiers MOSFETs Bipolar LDO DC-DC (Asynchronous) DIODESTAR Rectifiers (Vb > 600v) D
Slide 11: Efficiency, Functionality and Control for Smart Phones
Page 11 Efficiency, Functionality and Control for Smart Phones LCD Backlighting LED Drivers Boost Converters Schottky Diodes LCD / OLED Display Bias LCD Bias ICs OLED Bias ICs Schottky Diodes LED Flash Module Camera Flash Drivers ZXMN series MOSFETs Keypad Backlighting LED Drivers Boost Converters S
Slide 12: Strong Relationships Drive LCD/LED TV Product Roadmaps
Page 12 Strong Relationships Drive LCD/LED TV Product Roadmaps LCD Display Buffer 40V High-gain BJT System Power Conversion Low Dropout Regulators DC-DC Converters Voltage References Synchronous MOSFET Controllers 40V/100V SBR and Schottkys Bridge Rectifier Diodes LCD LED Backlighting Current Monito
Slide 13: Product Breadth and Performance for Computing Platforms
Page 13 Product Breadth and Performance for Computing Platforms LCD / LED Backlighting LED Drivers Boost Converters Schottky Diodes Battery Power Management Current Monitors Load Switches Low-Saturation BJT ZXMP series MOSFETs System Voltage Conversion Low Dropout Regulators DC-DC Converters Schottk
Slide 14: Packaging Focus: Miniaturization and Power Efficiency
Page 14 Packaging Focus: Miniaturization and Power Efficiency TO252 TO220/263/ ITO220S SOT223 SIP-3/4 SOT89 SOT666 SOT953/963 SOT26/363 SOT25/353 SOT143/SC82 PD-5 PM-III PD-323 PD-123 Power DI 5060 SOT23F SOT23/523 SC59 SOD-323F SOD123/323 SOD323F QFN 3~16 pin 0.4mm DFN 0.3mm DFN DFN1006-2 DFN0603-2
Slide 15: Packaging Focus: Miniaturization and Power Efficiency
Page 15 Packaging Focus: Miniaturization and Power Efficiency Power Efficiency Miniaturization DFN 0603-2 Possibly the smallest Discrete semiconductor package. Compared to a TO252, the PowerDI ® 5 package delivers twice the power density from a 55% smaller footprint. PowerDI ® TO252
Slide 16: Efficient Manufacturing + Superior Processes
Page 16 Efficient Manufacturing + Superior Processes Shanghai-based packaging with capacity approximately 28 billion units Flexible and optimized manufacturing process = low packaging cost Additional packaging facilities in Neuhaus, Germany and JV in Chengdu, China Bipolar process technology for dis
Slide 17: Collaborative Customer Relationships
Page 17 Collaborative Customer Relationships
Slide 18: Annual Revenue Growth Rates
Page 18 Annual Revenue Growth Rates Outperforming the Industry 2003 to 2011 Growth Diodes Inc.: 21 % SAM Industry: 4.4% Industry (Discrete + Analog) *Acquisition Years
Slide 19: Revenue Growth
Revenue Growth ( In millions ) +41% +3.6% 2003 2004 2005 2006 2007 2008 2009 2010 2011
Slide 20: Revenue Profile – 4Q2011
Page 20 11% 78% 11% Asia Pacific Europe North America 50% 50% Distribution OEM / EMS 28% 19% 16% 34% 3% Industrial Consumer Communications Automotive Computing Revenue Profile – 4Q2011 By Channel By Region By Segment
Slide 21: Year 2011 Highlights
Page 21 Year 2011 Highlights Revenue increased to a record $635.3 million, an increase of 3.6 percent over the $612.9 million in 2010; Gross profit was 193.7 million compared to $224.9 million in 2010; Gross margin 30.5 percent compared to 36.7 percent in 2010; GAAP net income was $50.7 million, or
Slide 22: Fourth Quarter 2011 Financial Performance
Page 22 Fourth Quarter 2011 Financial Performance (In millions except per share) Revenue Growth (Q-Q) EBITDA(Non- GAAP) Revenue $163.8 $160.6 $143.3 ($20.5) ($17.3) 0.4% (5%) (10.8%) (12.5%) (10.8%) Gross Profit $62.6 $45.2 $35.5 ($27.1) ($9.7) Gross Margin % 38.3% 28.1% 24.8% (1350bp) (330bp) Opera
Slide 23: Balance Sheet
Page 23 Balance Sheet Sept 30, 2011 Cash $271 $125 $130 Inventory $121 $139 $140 Current Assets $429 $427 Total Assets $847 $774 $793 Convertible Notes ST/LT $128 $0.236 Other Long-term Debt $ 3 $ 3 $ 3 Total Liabilities $294 $156 $144 Total Equity $553 $617 $649 Dec 31, 2011 Dec 31, 2010 (adjusted)
Slide 24: Strategy: Profitable Growth
Page 24 Strategy: Profitable Growth
Slide 25: Thank you
Thank you Company Contact: Diodes Incorporated Laura Mehrl Director of Investor Relations P: 972-987-3959 E: laura_mehrl@diodes.com Investor Relations Contact: Shelton Group Leanne K. Sievers EVP, Investor Relations P: 949-224-3874 E: lsievers@diodes.com www.diodes.com
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