Diodes Incorporated · NASDAQ:DIOD
Diodes — Diodes Inc /Del/ — Shareholder Meeting (June 2009)
15 slides from Diodes's shareholder meeting presentation, Jun 2, 2009
Slide 1: Annual Shareholders' Meeting May 28th, 2009
Application Specific Standard Solutions for Advancing Technologies Annual Shareholders' Meeting May 28th,2009
Slide 2: Dr. Keh-Shew Lu, President and CEO
1 Experience: Senior Vice President of TI Worldwide Analog and Logic Products Senior Vice President of TI Worldwide Memory Business President of Texas Instruments - Asia Education: Master's degree and doctorate in electrical engineering Texas Tech University Bachelor's degree in engineering National
Slide 3: Safe Harbor Statement
2 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. Such forward-looking statements include, but not limited to, statem
Slide 4: About Diodes
3 About Diodes June 2008 - acquired Zetex plc; 2,719 employees worldwide; and U.S. headquarters & 23 locations globally. To consistently achieve profitable growth utilizing our innovative and cost- effective semiconductor packaging technology suited for high growth electronics markets by leveraging
Slide 5: Diodes' Profitable Growth Strategy
4 4 Diodes' Profitable Growth Strategy Expand portfolio of standard function, application specific products Expand market share in high-growth end-markets with short design cycles Maintain cost leadership through highly efficient packaging and manufacturing Pursue selective strategic acquisitions Le
Slide 6: Experienced Management Team
5 Experienced Management Team Mark King Sr. VP, Sales and Marketing 18 yrs with Diodes and 7 yrs at Lite-On Sales, marketing and finance background Richard White Sr. VP, Finance 25 yrs with Texas Instruments VP Finance for TI's global MOS memory operation Controller for TI's Asia Pacific Div. CPA, M
Slide 7: Strong Financial Performance
6 Strong Financial Performance Full Year 2008 Revenue increased 8 percent to a record $432.8 million; Gross profit increased to a record $132.5 million; GAAP net income was $39 million, or $0.91 per share; Non-GAAP net income was $44.8 million, or $1.04 per share; Generated $90.4 million of EBITDA;
Slide 8: Revenue Growth
7 Revenue Growth Revenues by Year ($m) 2003 2004 2005 2006 2007 2008 nm 136.9 185.7 214.8 343.3 401.2 432.8 2003 - 2008 (CAGR: 25.9%)
Slide 9: Significant Market Opportunity
8 $46 bn $36 bn $17 bn $23 bn $127 bn Significant Market Opportunity 2008 Total Semiconductor Market ($249 bn) Source: WSTS, December 2008 Diodes' SAM: $5 bn - $6 bn Discrete Memory Logic Analog Opto/Sensors Diodes' SAM $10 bn - $11 bn
Slide 10: Analog Product Strategy
9 9 Analog Product Strategy Standard Linear Voltage Regulators / References Op Amps / Comparators Interface Drivers Special Functions Sensor Hall Effect Temperature MR - Magnetic Resistance Power Management LED Drivers LDO (Low Drop-Out) Regulators DC-DC Switching Converters Controllers USB Switches
Slide 11: Discrete Product Strategy
10 10 Discrete Product Strategy MOSFET Small Signal Power High Voltage Special Functions Diodes/Rectifiers SBR (Super Barrier Rectifier) Schottky Switching Zener Transistor (Bipolar) Small Signal Power Medium/High, Low Saturation Gate Driver Darlington H-Bridge Continue to broaden Diodes' discrete p
Slide 12: Geographic Mix
11 11 Geographic Mix * Based on 1Q09 revenues APAC North Amer Eur 74 13 13 North America 13% Europe 13% A-PAC 74%
Slide 13: End Market Diversification
Automotive Comfort controls, audio/video players, GPS navigation, satellite radios *Based on 1Q09 revenues Consumer Computing Automotive Comm Indus 26 33 3 16 22 End Market Diversification Industrial Lighting, power supplies, DC-DC conversion, security systems, motor control DC fans Communications G
Slide 14: Investment Highlights
13 Investment Highlights Focus on Application Specific Standard Discrete and Analog Products Broad Customer Base Diverse, High-Growth End Markets Design Application and Systems Experience Creating Shareholder Value Through Strong Track Record of Growth & Profitability Deep Manufacturing and Technica
Slide 15: Thank You
Thank You This presentation includes forward-looking statements which are subject to risks and uncertainties. Actual events and results could differ materially as a result of various factors, including the risk factors described in our reports filed with the Securities and Exchange Commission. World