On Semiconductor Corporation · NASDAQ:ON
On Semiconductor — Investor Day (March 2017)
29 slides from On Semiconductor's investor day presentation, Mar 10, 2017
Slide 1: Financial Analyst Day, Phoenix, Arizona, March 10, 2017
Confidential Proprietary Financial Analyst Day Phoenix, Arizona March 10, 2017 Exhibit 99.3
Slide 2: Rethink Energy Efficiency. Financial Analyst Day
RETHINK ENERGY EFFICIENCY. Financial Analyst Day | Phoenix, Arizona | March 10, 2017
Slide 3: Agenda
Agenda Analyst Day 2017 Introduction - Parag Agarwal8:00-8:05 Strategic Overview - Keith Jackson8:05-8:35 Q&A Analog Solutions Group - Bob Klosterboer 8:50-9:20 Image Sensor Group - Taner Ozcelik 9:20-9:50 Break Power Solutions Group – Bill Hall10:05-10:35 Q&A Finance - Bernard Gutmann10:50-11:20 Q&
Slide 4: Safe Harbor Statement and Non-GAAP and Forecast Information
Safe Harbor Statement and Non-GAAP and Forecast Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expec
Slide 5: Taner Ozcelik, Senior Vice President, Image Sensor Group
Taner Ozcelik, Senior Vice President IMAGE SENSOR GROUP
Slide 6: Innovating Vision Beyond the Human Eye
INNOVATING VISION BEYOND THE HUMAN EYE Analyst Day 2017 IMAGE SENSOR GROUP
Slide 7: Key Takeaways
Analyst Day 2017 KEY TAKEAWAYS 1 Leader in fast growing automotive image sensor market, which is expected to grow 24% annually for next 5 years 2 3 4 Optimized portfolio with approximately 80% exposure to automotive and industrial markets Margin expansion through mix improvement, new high margin pro
Slide 8: #1 in Mission Critical Applications
Analyst Day 2017 #1 IN MISSION CRITICAL APPLICATIONS ADAS Driver Monitor Surround View AR1 Mirror Replacement AUTOMOTIVE INDUSTRIAL SPACE MEDICAL Inspection systems Security Flat Panel Inspection Machine Vision Traffic cameras Planet Labs Satellites WorldView-4 Satellite Star Trackers Mars Curiosity
Slide 9: Market and technology leadership: Image Sensor Group
automotive Market and technology leadership Industry’s broadest product and customer portfolio Analyst Day 2017 Image sensor group (ISG) industrial Market leadership: Machine Vision, Scanning, Specialty Industrial, Medical, IP Security Technology leadership : High speed CMOS, EMCCD, TEC Packaging sp
Slide 10: ISG Strategic Intent and Goals
Analyst Day 2017 ISG Strategic Intent and Goals 1 EXTEND LEADERSHIP IN MISSION CRITICAL APPLICATIONS FOR AUTOMOTIVE AND INDUSTRIAL MARKETS ADD RADAR CAPABILITIES AND ENABLE SENSOR FUSION FOR ADAS IN AUTOMOTIVE EXPAND MARGINS THROUGH Operational IMPROVEMENTS AND OPEX RATIONALIZATION 2020 TARGET MODEL
Slide 11: Significant Growth Opportunities in Strategic Markets
Analyst Day 2017 Significant growth Opportunities in strategic markets AUTOMOTIVE 45% of revenue 2016-20 Market CAGR of 24% Growth from ADAS, NCAP1 and Automated Driving #1 in ADAS and Viewing Cameras INDUSTRIAL 37% of revenue IoT, security, automation key drivers Broadest portfolio in the market #1
Slide 12: Automotive Image Sensors - Fast Growing Market
Analyst Day 2017 AUTOMOTIVE IMAGE SENSORS - Fast Growing Market 2016-20 industry revenue cagr of 24% Front Cameras: Forward Collision Warning Lane Departure Warning Auto High-beam Control Traffic Sign Recognition Pedestrian Detection Adaptive Cruise Control In Cabin Cameras: Passenger Monitoring Dro
Slide 13: Automotive Growth Drivers - #1 Market Share and Growing
Analyst Day 2017 AUTOMOTIVE GROWTH DRIVERS - #1 Market Share and Growing 70% 30% ON Others ADAS Image sensors market share Automotive image Sensors market share ¹: FY2014 revenue includes full year Aptina revenue. Source: TSR, IHS, Gartner and ON Semiconductor
Slide 14: Leading EV Has ON Image Sensors in Latest Model
Analyst Day 2017 Leading EV has 9 ON Image Sensors in Latest Model WIDE FORWARD CAMERA IN CABIN DRIVER MONITOR FORWARD LOOKING SIDE CAMERA REARWARD LOOKING SIDE CAMERA REAR VIEW CAMERA MAX DISTANCE 50 M Narrow Forward Camera
Slide 15: Marquee Automotive Customer List
Analyst Day 2017 Marquee automotive Customer List
Slide 16: Continuing to Gain Market Share
Analyst Day 2017 Continuing to Gain Market Share Source: Techno Systems Research (TSR), “Automotive Camera Market Analysis 2016” , February 2017, http://www.t-s-r.co.jp
Slide 17: The Most Complete Camera Module Portfolio
Analyst Day 2017 The Most Complete Camera Module Portfolio - Segment Device SONY Omnivision Image Sensor Image Signal Processor EEPROM LIN Transceiver Microcontroller In-Vehicle Networking Voltage regulator LDO LV & HV FET Rectifier Std. Logic ESD/EMI Diodes eFuse/Current Prot. TVS « - « « « « « « «
Slide 18: Masters of Automotive Ecosystem
Analyst Day 2017 MASTERS OF AUTOMOTIVE ECOSYSTEM ISVs Lens SerDes/IF SoC/FPGA Discrete ISP 1. 2. 3. 4. 5. Sensor Discrete ISP Serializer SoC/ FPGA Deserializer LVDS / Ethernet / AHD Camera Module Electronic Control Unit (ECU) LENS Software / DNN 1 2 3 4 5 3 6 OEM SOC SERDES SOFTWARE ON TIER1 Optics
Slide 19: ON Semiconductor
ON Semiconductor® Analyst Day 2017
Slide 20: Leading EV Has ON Image Sensors in Latest Model
Analyst Day 2017 Leading EV has 9 ON Image Sensors in Latest Model WIDE FORWARD CAMERA IN CABIN DRIVER MONITOR FORWARD LOOKING SIDE CAMERA REARWARD LOOKING SIDE CAMERA REAR VIEW CAMERA MAX DISTANCE 50 M Narrow Forward Camera
Slide 21: Imaging + Radar Fusion
Analyst Day 2017 9 IMAGE SENSORS 10 RADAR 1 LIDAR 1 FIR Imaging + Radar Fusion Customers Requiring 9 Imagers and 10 Radar Transceivers
Slide 22: Autonomous Driving Portfolio Expansion: Radar & Image Sensor Fusion
Analyst Day 2017 Autonomous Driving Portfolio Expansion Radar & Image Sensor Fusion – SAM growth of ~10x Fusion Pre-Processor (CPU, DSP, IO) VCO Radar Tx (PA, Mod, DAC) Radar Rx (Mixer, BB, PA, ADC) To Central Processor Camera $25 SAM per Car (L2:L4) $200 Energy Efficiency: 1 sensor pre-processor vs
Slide 23: ISG Best in Class Technologies
Analyst Day 2017 ISG BEST IN CLASS TECHNOLOGIES Micro Lens Color Filter Best Automotive Pixel Technology LED Processing Own CFA & Micro Lens Manufacturing Image Processing Stacking Global Shutter Highest Dynamic Range LARGEST IMAGE SENSOR AND PROCESSING PATENT PORTFOLIO WITH 2000 + PATENTS Packaging
Slide 24: Sustainable Competitive Advantage in Automotive
Analyst Day 2017 SUSTAINABLE COMPETITIVE ADVANTAGE IN AUTOMOTIVE 1 STRONG DESIGN PIPELINE Automotive design win pipeline of more than $1B with visibility of at least three years 2 3 4 COMPLETE SOLUTION Sensor, power management, protection, Image signal processing, In-vehicle networking ROBUST TECHNO
Slide 25: Industrial Growth Drivers
Analyst Day 2017 Industrial Growth DRIVERS PYTHON CMOS Image Sensor Family Large Format Interline CCD Source: MarketandMarkets Made in China 2025 Barcode Scanning Warehouse Automation Robotics Biometrics Traffic Cameras License Plate Recognition PCB Inspection
Slide 26: Award Winning Digital Cinematography
Analyst Day 2017 Award Winning Digital Cinematography 2016 Academy Award This camera has brought us to a point where digital is simply better. In my opinion, there are now more advantages than disadvantages to digital cinematography. Roger Deakins, ASC, BSC 13 Academy Award Nominations for Best Cine
Slide 27: ISG Specialty Imaging for Growth
Eye Glasses Analyst Day 2017 ISG Specialty Imaging for Growth Global Shutter AR/VR, Drones, No motion blur or distortion Low read noise High reliability capture Vacuum Cleaners Drones Cameras: IP, Action, Depth, 360, USB AR / VR / MR IoT Devices 3D Depth Mapping AR/VR, IP Cam, Gaming, IOT Highest de
Slide 28: ISG Margin Improvement Plans
Analyst Day 2017 ISG Margin Improvement Plans Manufacturing Product Development Dual Source Transition to Lower Cost Fab & Process Nodes Yield Improvements (Fab Process and Binning) Test Time Reduction Die Shrink BOM Cost Reductions OPEX Opex leverage and rationalization 900 BPS of gross margin impr
Slide 29: Summary
Analyst Day 2017 SUMMARY 1 2 3 Leadership in Automotive 50% market share and growing Technology and product portfolio leadership Robust design pipeline Broadest range of customer and partner relationships Investing in radar for sensor fusion Leadership in Industrial Imaging #1 market share in severa