On Semiconductor Corporation · NASDAQ:ON
On Semiconductor — Merger or Acquisition (December 2024)
10 slides from On Semiconductor's merger presentation, Dec 10, 2024
Slide 1: Safe Harbor Statement and Non-GAAP and Forecast Information
Exhibit 99.2 Safe Harbor Statement and Non-GAAP and Forecast Information This document includes “forward-looking statements,” as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other th
Slide 2: onsemi to Acquire Qorvo's Silicon Carbide JFET Business
onsemi to Acquire Qorvo’s Silicon Carbide JFET Business December 2024 2 P Pu ub blliic c I In nffo orrm ma attiio on n © © o on ns se em mii 2 20 02 24 4
Slide 3: onsemi to acquire Qorvo's Silicon Carbide JFET Business, including United Silicon Carbide Subsidiary
onsemi to acquire Qorvo’s Silicon Carbide JFET Business, including United Silicon Carbide Subsidiary Disruptive technology further strengthens leadership in high and mid voltage power semiconductors Disruptive technology to Expands market opportunity Attractive financial profile maximize power effic
Slide 4: SiC JFET – Compelling Technology for Fast Growing Markets
SiC JFET – Compelling Technology for Fast Growing Markets Positioned to Gain Share from Silicon and GaN based solutions Technology On-resistance x area Switching Speed Die-Size (20mohm) 2 2 SiC JFET 0.7Ω-cm 500 KHz 4.0 mm 2 2 SiC FET 1.4Ω-cm 200 KHz 7.2 mm 2 2 Si Super-Junction MOSFET 9.8Ω-cm 100 KH
Slide 5: Expanding AI/Data Center TAM
Expanding AI/Data Center TAM Data Center racks are moving to higher voltages Multiple Racks Rack Tray Multiple Trays per Rack and power per Data Center Intermediate Power Supply GPU Hot Swap Bus Converter VCore Power Distribution Unit PSU SiC JFETs, with low on-resistance and high 6V 48V DC PDU Hot
Slide 6: Improving Efficiency and Safety in Electric Vehicles
Improving Efficiency and Safety in Electric Vehicles Long-term opportunity in power distribution • The battery disconnect unit (BDU) acts as an Enable replacement of multiple components with a on/off switch for the main EV battery and protects solid-state switch based on SiC JFET the EV by disconnec
Slide 7: Share Gains in Industrial from Silicon
Share Gains in Industrial from Silicon • Key applications include industrial power supplies, certain EV charging topologies, solar power convertors, energy storage systems, and solid-state circuit breakers • SiC JFETs are well positioned to gain share from silicon based super-junction (SJ) MOSFETs a
Slide 8: Value Creation for onsemi
Value Creation for onsemi Expands onsemi's Silicon Carbide market opportunity by $1.3B onsemi to leverage its customer and eco-system relationships to accelerate growth in AI/Datacenter, Auto, and Industrial end-markets Margin expansion through vertically integrated SiC supply chain Minimal capex ne
Slide 9: Transaction Summary
Transaction Summary Purchase $115m in cash at close Price Close Expected to close in the first quarter of 2025 Expectation subject to customary closing conditions Approximately 50 employees, mostly based in the Employees U.S. are expected to join onsemi Public Information © onsemi 2024 9
Slide 10: Follow Us @onsemi
Follow Us @onsemi www.onsemi.com
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