Diodes Incorporated · NASDAQ:DIOD
Diodes — Diodes Inc /Del/ — Shareholder Meeting (June 2011)
18 slides from Diodes's shareholder meeting presentation, Jun 1, 2011
Slide 1: Diodes Incorporated Annual Meeting of Stockholders
Diodes Incorporated Annual Meeting of Stockholders Frisco, TX May 26, 2011
Slide 2: Safe Harbor Statement
Safe Harbor Statement Page 2 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: About Diodes Incorporated
Page 3 A leading global manufacturer and supplier of high-quality application specific, standard products within the broad discrete, logic and analog markets, serving the computing, consumer, communications, industrial and automotive segments. About Diodes Incorporated
Slide 4: Business Objective
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 Page 4
Slide 5: Significant Market Opportunity
2010 Total Semiconductor Market ($298 bn) Significant Market Opportunity Page 5 $117 bn $29 bn $70 bn $42 bn $20 bn Diodes' SAM: $10 - $12 bn Diodes' SAM: $13 - $15 bn Opto $20 bn Std Logic Analog Discrete Micro/Special Memory Diodes' SAM: $3 - $5 bn
Slide 6: Diodes Growth Strategy
Diodes Growth Strategy Page 6 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 7: Product Portfolio Progression
Product Portfolio Progression Page 7 Discrete Diodes MOSFET Rectifiers Transistor Protection Devices Analog Power Management Standard Linear Sensors LED Drivers Power Switches Logic Low Voltage CMOS High Speed CMOS Advanced Ultra-Low Power CMOS 2006 2010
Slide 8: Performance Enhancement
SKY Rectifiers MOSFET Bipolar LDO DC-DC (Asynchronous) Performance Enhancement Page 8 Diodes' product upgrade has expanded our SAM SBR(r) (Super Barrier Rectifiers) (Vb < 400v) DIOFETTM (Low RDS(on), Vb < 100V) CMOS LDO (Low power) DC-DC (Asynchronous, high current) DIODESTARTM Rectifiers (Vb > 600v
Slide 9: Efficiency, Functionality, and Control for Smart Phones
Efficiency, Functionality, and Control for Smart Phones Page 9 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 10: Packaging Focus: Miniaturization and Power Efficiency
Page 10 Packaging Focus: Miniaturization and Power Efficiency Power Efficiency Miniaturization DFN 1006-2 Possibly the smallest Discrete semiconductor package. DFN 1006-2 0.6mm 1.0mm Compared to a TO252, the PowerDI(r)5 package delivers twice the power density from a 55% smaller footprint. PowerDI(r
Slide 11: Efficient Manufacturing + Superior Processes
Efficient Manufacturing + Superior Processes Page 11 Shanghai-based packaging with capacity greater than 23 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 disc
Slide 12: Annual Revenue Growth Rates Outperforming the Industry
Annual Revenue Growth Rates Outperforming the Industry Page 12 59.9% 2003 to 2010 Growth Diodes Inc.: 23.9% SAM Industry: 6.5% 2004 2005 2006* 2007 2008* 2003 8.0% 35.6% 15.6% 16.9% 18.2% 18.1% (3.3%) 13.5% 8.1% (0.5%) (1.3%) (10%) 0% 10% 20% 30% 40% 50% 60% Industry (Discrete + Analog) Source: Worl
Slide 13: Revenue by Year ($M)
Revenue by Year ($M) Revenue Growth Page 13 $0 $100 $200 $300 $400 $500 2004 2005 2006 2007 2008 2009 2003 - 2010 (CAGR: 23.9%) $434 $ 78 $104 $130 $122 2003 $433 $ 96 $116 $134 $ 87 $401 $343 $215 $186 $137 2010 $137 $149 33.4% 17.3% 6.6% 5.0% 9% $163 9.% $164 $613 $162 2011
Slide 14: Revenue Profile - 2010
Revenue Profile - 2010 By Channel By Region By Segment Page 14 15% 73% 12% Asia Pacific Europe North America 54% 46% Distribution OEM / EMS 28% 20% 17% 32% 3% Industrial Consumer Communications Automotive Computing
Slide 15: First Quarter 2011 Financial Performance
First Quarter 2011 Financial Performance Page 15 Revenue $136.8 $163.8 $161.6 $24.8 ($2.2) Revenue Growth 5% 0.4% (1%) 18.0% (1%) Gross Profit $47.8 $62.6 $57.4 $9.6 ($5.2) Gross Margin % 34.9% 38.3% 35.5% 60 bp (280 bp) Operating Profit $18.9 $32 $28.3 $9.4 ($3.7) Net Income $15.0 $24.0 $19.7 $4.7
Slide 16: Balance Sheet
Balance Sheet Page 16 Dec 31, 2010 Cash $242 $271 $279 Short-term Investment $297 $ - $ - Inventory $ 90 $121 $123 Current Assets $747 $541 $569 Long-term Investment $ - $ - $ - Total Assets $1,018 $847 $882 Convertible Notes ST/LT $121 $128 $130 Other Long-term Debt $ 3 $ 3 $ 3 Total Liabilities $5
Slide 17: Strategy: Profitable Growth
Strategy: Profitable Growth Page 17
Slide 18: Thank you
Thank you Company Contact: Diodes Incorporated Laura Mehrl Director of Investor Relations P: 972-385-4492 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