On Semiconductor Corporation · NASDAQ:ON
On Semiconductor — Investor Day (March 2017)
26 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 99.2
Slide 2: Rethink Energy Efficiency
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: Bob Klosterboer, Executive Vice President Analog Solutions Group
Bob Klosterboer, Executive Vice President Analog Solutions Group
Slide 6: Energy Efficient Analog Solutions for Automotive, Industrial & Communications
Energy Efficient Analog Solutions for Automotive, Industrial & Communications Analyst Day 2017 ON Semiconductor
Slide 7: Analog Solutions Group (ASG)
Analyst Day 2017 Analog Solutions Group (ASG) Annualized 20161 revenue $1.9B gross margin 39% Industrial Leader in ASICs and motor control Growth drivers - IoT communication and mobile medical automotive Leader in automotive power management, LED lighting control, & sensor interface ICs. Growth driv
Slide 8: Key Takeaways
Analyst Day 2017 KEY TAKEAWAYS 1 Continue to drive growth in key strategic markets – automotive, industrial, and communications 2 3 4 Sharp focus on margin expansion through cost reduction and portfolio management Innovative and disruptive products and technologies for IoT Edge devices Expanding bey
Slide 9: ASG Strategic Intent and Goals
Analyst Day 2017 ASG Strategic intent and Goals 1 Market leadership in analog power management market Continue to grow at rate twice that of market through targeting innovative products for rapidly growing applications Differentiation through integration and power efficiency Expand margins through o
Slide 10: Fairchild Adds to Strength
Analyst Day 2017 Fairchild adds to strength 1 +$300m of mobile business with market leading customers Complete and robust portfolio of USB type-C and power delivery solutions New customers and applications in industrial off line power conversion Aligned cloud computing capability and roadmap with ON
Slide 11: ASG Growth Opportunities in Strategic Markets
Analyst Day 2017 ASG Growth Opportunities in Strategic Markets AUTOMOTIVE 31% of revenue Key Applications ADAS, Lighting, Body, Safety, Infotainment, Powertrain INDUSTRIAL 20% of revenue Key Applications Building Control, Industrial Motor, Cloud Power, Industrial IOT, Robotics, Medical COMMUNICATION
Slide 12: ASG Current Automotive Market
Safety/ADAS Powertrain Analyst Day 2017 ASG Current Automotive Market Body/Lighting Infotainment Addressable Content per light vehicle: $90 In-vehicle Communication Source: Strategic Analytics Q1 2017 – Power, Linear, Small Signal. 1: FY2016 revenue represents Q4’ 16 Annualized values. #1 in lightin
Slide 13: ASG Key Automotive Growth Drivers
LVDS, FlexRAY Higher speed data Power management More computing power Analyst Day 2017 ASG Key Automotive growth drivers Sensor interface Driver assistance Smart FETs Central control Source: Strategic Analytics
Slide 14: Automotive: Expanding Content and Capabilities
Analyst Day 2017 Automotive “Expanding content and capabilities” Active SAFETY ASIC Power Supplies Current Sense LDO adas Power Supplies System Basis Chips Motor Control Smart FETs Ultrasonic Sensor I/F Image Sensor support Electrification Inductive Senor I/F IP Start-Stop – ASIC/ASSP Power Supplies
Slide 15: Leadership in Automotive LED Lighting
Analyst Day 2017 Leadership in Automotive LED Lighting Front Lighting content per car up to $16 #1 in Automotive lighting motion control #2 in Automotive LED power Rear and interior lighting control Winning: Continental, Hella, Magneti-Marelli, Osram, Lear, Valeo, Keboda, MELCO, ZKW Source: IHS and
Slide 16: Extending Power Opportunity in ADAS
Analyst Day 2017 Extending power opportunity in ADAS Power Supply Content per Vehicle Cameras (Rear & surround view) VCM (Vision Control Module) RADAR/LIDAR (24, 77 and 79GHz) Ultrasonic 1 / Vehicle 6 to 10 / Vehicle 5 to 12/ Vehicle 5 to 15/ Vehicle $8 $12 - $20 $5 - $12 $2 - $6 ASIL Level A/NA A/B
Slide 17: ASG Current Industrial Market
Circuit Breaking Intelligent switching Medical Imaging Faster with Higher Quality Analyst Day 2017 ASG Current Industrial Market IoT Edge Node Standards based communication LED Lighting Connected high efficiency Motor Control Precision ¹: FY2016 represents Q4’ 16 Annualized values. #1 in Industrial
Slide 18: ASG Key Industrial Growth Drivers
Analyst Day 2017 ASG Key Industrial growth drivers Robotics PrEcision Motor control Mobile Medical Ultra low power BLE 5.0 Connected Sensing and Control ZigBee | ThreaD | Sigfox Safety and Security Smart Breakers Source: Strategic Analytics
Slide 19: Intelligent Charging
Analyst Day 2017 Intelligent Charging Intelligent charging solutions are a key growth driver: CAGR 34% #1 in Travel Adaptor First to market with A4WP solutions 1st true multi-mode solutions supporting all standards Intelligent charging adds up to $0.20 per device Wireless Charging content per phone
Slide 20: ASG Communications Market
Analyst Day 2017 ASG Communications Market Power management Bigger Smarter Phone Faster Charging Complete wall to battery charging solutions Rf tuning Better reception Source: Strategic Analytics Q1 2017 – Power, Linear, Small Signal. ¹: FY2016 represents Q4’ 16 Annualized values.
Slide 21: Mobile Solutions - Wall to Battery Solution
Analyst Day 2017 Mobile Solutions - Wall to Battery Solution Primary Side Controller Fuel gauge Battery protection Battery charger Over-voltage/current Switch Type-C Synchronous Rectifier Fast Charging Protocol Bypass Charger USB Interface Controller to AP to AP Wall to Battery Faster charge times +
Slide 22: Leadership in USB Type-C
Analyst Day 2017 Leadership in USB Type-C USB Type-C and Audio multiplexing adding $0.35 per port 1st to market with a certified 10GHz SuperSpeed solution adding $0.75 per port ON USB content per phone up to $1.50 Active cables will provide $40M of new SAM in 2017 - CAGR >60% Winning : Huawei, ASUS,
Slide 23: ASG Leveraging Computing Strength into Growth
Analyst Day 2017 ASG Leveraging computing strength into growth COMPUTING Interface Clocking Dr.MOS Sky Lake Content Notebook: $2.65 CLOUD Interface Clocking Dr.MOS Purley Content 2P System: ~$50 AUTOMOTIVE #1 Position in VCORE Interface Clocking Dr.MOS ADAS Vcore Content Intel “Brain”: $8.00 MOBILE
Slide 24: Total Solution Ecosystem
Analyst Day 2017 Total Solution Ecosystem Broad Reaching Solutions and Offerings Enable Accelerated Product Development and Time to Market Multi-chip Solutions Full Custom Solutions S/H Diagnos - tics DAC ADC PGA AMUX EEPROM OTP Temp sense HV HV HV HV HV BUF Peripheral Extension Logic Cntrl Block Mi
Slide 25: ASG Margin Improvement Plans
Analyst Day 2017 ASG Margin Improvement Plans Gross margin improvement opportunities Operating margin improvement opportunities Insourcing of Fairchild assembly and test Innovative test strategies Portfolio management Scrap reduction Factory rationalization Fairchild Synergies Eliminate redundant R&
Slide 26: Summary
Analyst Day 2017 Summary 1 Driving growth in automotive and industrial Reusing technologies and IP to address fast growing markets Disruptive technologies in intelligent charging & IOT connectivity Executing on margin expansion roadmap Synergistic portfolio with other business groups 2 3 4 5