Infineon Technologies Ag · XETR:IFX

Infineon Technologies — Investor Presentation (September 2015)

26 slides from Infineon Technologies's investor presentation, Sep 28, 2015

  1. Slide 1: Investor and Analyst Presentation

    Investor and Analyst Presentation Jochen Hanebeck Division President Automotive London, 28 September 2015

  2. Slide 2: Worldwide automotive semiconductor vendor ranking

    Worldwide automotive semiconductor vendor ranking 2014; Infineon overtakes Renesas in H1 CY15 Global market shares 2013 Delta 2014 1 Renesas 13.3% -1.3%pt 12.0% According to financial figures, Infineon becomes #1 in H1 CY15 2 Infineon 9.6% +0.9%pt 10.5% reaching $1.362m* vs. $1.341m* 3 STM 7.9% -0.1

  3. Slide 3: 4 megatrends are shaping ATV market, significantly increasing semiconductor content

    4 megatrends are shaping ATV market, significantly increasing the semiconductor content of vehicles ADAS/Autonomous driving xEV/eMobility › From ADAS to semi-automated › Mandated CO2 reductions make and finally autonomous driving electrification of powertrain › Every world region is striving for ine

  4. Slide 4: 4 megatrends are shaping ATV market, significantly increasing semiconductor content

    4 megatrends are shaping ATV market, significantly increasing the semiconductor content of vehicles ADAS/Autonomous driving xEV/eMobility › From ADAS to semi-automated › Mandated CO2 reductions make and finally autonomous driving electrification of powertrain › Every world region is striving for ine

  5. Slide 5: The 5 levels of increased automation (VDA/SAE definition)

    The 5 levels of increased automation (VDA/SAE definition) Level 0-1 Level 2 Level 3 Level 4 Level 5 Permanent monitoring by the driver System is driving, with more or less backup by the driver. In case of failure the system must run for a certain time on a backup. Autonomous Driving/Driverless Full

  6. Slide 6: ADAS system overview

    ADAS system overview Sense Compute Actuate Camera Inside LIDAR Powertrain Graphics Domain Processor Controller Radar Camera Outside Ultrasonic Sensor Safety Fusion Domain V2X µC Controller 2015-09-28 Copyright © Infineon Technologies AG 2015. All rights reserved. 6

  7. Slide 7: More sensors required for each automation level

    More sensors required for each Sense automation level Sensor 2015 2018 Level 2 Level 3 Level 4/5 technologies Euro- Euro- NCAP* NCAP* Front looking camera 0.5 1 1 1 1 Front looking radar 0.5 1 1 1 1 Front looking lidar     1 Surround camera     4 Corner radar  2 2 4 4 Surround radar    

  8. Slide 8: Infineon is the market leader in Radar

    Infineon is the market leader in Radar, Sense 10 millions chips shipped already Others Vision Zero + Autonomous Freescale Driving Innovations for driver, road and Infineon STM Next Gen. of Dual pedestrian safety Chip Radar Solution 600 GHz RF, Dual Chip Radar AURIXTM 3rd Gen, Power Supply Solution 1

  9. Slide 9: Camera system overview

    Sense Camera system overview AURIX™ as Host › Mono camera Controller Image processor + (e.g. Mobileye, + Nvidia) › Stereo camera + Image processor/ + FPGA › Time-of-flight camera based on “REAL3™” image sensor + Image processor + 2015-09-28 Copyright © Infineon Technologies AG 2015. All rights reser

  10. Slide 10: Infineon AURIX microcontrollers make autonomous driving reliable

    Infineon AURIX™ microcontrollers Compute make autonomous driving reliable During the CES 2015, Audi demonstrated their autonomous driving capabilities. Audi’s piloted driving concept car “Jack”, an Audi A7 Sportback, completed a 550 mile piloted drive from Silicon Valley to Las Vegas. The central dr

  11. Slide 11: Fail operational actuators: BOM to grow by factor 1.3 with level 3 to 5

    Fail operational actuators: Actuate BOM to grow by factor 1.3 with level 3 to 5 EPS EPS EPS System E-Motor Electronic control unit © ZF Lenksysteme Sense Compute Actuate Safe power supply 2015-09-28 Copyright © Infineon Technologies AG 2015. All rights reserved. 11

  12. Slide 12: Semiconductor content itemized to automation levels

    Semiconductor content itemized to automation levels Average ADAS semiconductor content per level of automation Level 2 Level 3 Level 4 10% $550 20% 5% 25% 8% $400 12% 35% 40% 45% 60% $100 40% Lidar Sensor Fusion Camera Radar Actuators Total BOM Sensor Fusion Lidar Lidar Camera Camera Radar Sensor Fu

  13. Slide 13: 4 megatrends are shaping ATV market, significantly increasing semiconductor content

    4 megatrends are shaping ATV market, significantly increasing the semiconductor content of vehicles ADAS/Autonomous driving xEV/eMobility › From ADAS to semi-automated › Mandated CO2 reductions make and finally autonomous driving electrification of powertrain › Every world region is striving for ine

  14. Slide 14: Semiconductor content of EV/HEV vehicles falls right into Infineon's core competence

    Semiconductor content of EV/HEV vehicles falls right into Infineon's core competence Average semiconductor content Other $704 Other $710 µC 16% Power 4% 4% 27% Sensors µC 7% 76% $372 Power 11% Sensors Other $338 43% µC 13% 55% $338 Sensors Power 23% 21% Internal Combustion Engine Add-on for Plug-In-

  15. Slide 15: Infineon is best positioned to benefit from xEV car ramp

    Infineon is best positioned to benefit from xEV car ramp 1 Premium OEM Soul EV Kangoo A3 e-tron V60, 1 Mass Market Q5 A6 S60, XC90 Twingo FCEV OEM Passat, Golf Jetta Focus Ray EV Zoe ix35 E-Class S-Class e-Golf Optima/Sonata e-up Grandeur 1 Premium OEM LaCrosse, Regal, 2 Mass Market Malibu OEMs 335i

  16. Slide 16: 4 megatrends are shaping ATV market, significantly increasing semiconductor content

    4 megatrends are shaping ATV market, significantly increasing the semiconductor content of vehicles ADAS/Autonomous driving xEV/eMobility › From ADAS to semi-automated › Mandated CO2 reductions make and finally autonomous driving electrification of powertrain › Every world region is striving for ine

  17. Slide 17: Basic security considerations

    Basic security considerations Secure On-board communication Firewall & Gateway Basic protection of single ECUs (Immobilizer & Sandboxing Access) Connectivity Gateway/ Data Fusion Driving ADAS Body & Comfort Infotainment Domain Domain Domain Domain Torque HVAC Navigation Control Dynamics Camera Light

  18. Slide 18: Infineon's product portfolio for security

    Infineon’s product portfolio for security Gateway / Firewall Powertrain Chassis Domain Body Domain Infotainment Domain Controller Controller Controller Domain Controller Engine Control Car2Car Com Seat Control Head Unit Battery Mgmt. ABS/ESP Door Module E-Call/cell wireless Inverter ACC Air Conditio

  19. Slide 19: Infineon ideally positioned to benefit most from megatrends ADAS, xEV and security

    Infineon ideally positioned to benefit most from megatrends ADAS, xEV and security ADAS/Autonomous xEV/eMobility Advanced security Connectivity driving Connectivity 10,700 [$m] [$m] [$m] [$m] 6,700 4,740 4,030 2,760 3,290 1,930 700 1,380 1,400 200 875 15 2015 2020 2025 2025 2015 2020 2025 2015 2020

  20. Slide 20: ADAS, CO2 reduction and adoption of premium features drive Infineon growth

    ADAS, CO2 reduction and adoption of premium features drive Infineon growth Drivers for semiconductor content per car Vehicle production CO2 reduction Advanced safety Comfort, premium › ~2% growth per › driven by legislation › current: › premium cars are annum crash avoidance early adopters of › impr

  21. Slide 21: Market growth based on car production growth and increasing number of features

    Market growth based on car production growth and increasing number of features Semiconductor value per car Light vehicle production forecast by region CAGR +3.0% [USD] ~+2% 382 Total CAGR 102.296 354 +1.6% 88.114 China 301 CAGR 17.960 246 +4.1% +6.1% 13.328 4.046 497 CAGR RoW Europe -2.1% 8.508 449

  22. Slide 22: Infineon is strong in all markets, balancing exposure to slower growth in China

    Infineon is strong in all markets, balancing exposure to slower growth in China World Europe APAC & RoW (*) 1. Renesas 12.0% 1. Infineon(+1.0%pt) 14.1% 1 1. Infineon(+1.2%pt) 10.9% 2. Infineon 10.5% 1 1 (+0.9%pt) 3. STMicro 7.8% 1 4. Freescale 7.5% 2 5. NXP 6.8% 1 4 1 4 North America Japan China Kor

  23. Slide 23: Automotive financials at a glance

    Automotive financials at a glance Revenue and segment result development +3% +15% ~+20% FY12: 1,660 FY13: 1,7140 FY14: 1,965 FY15: ~2,350 [EUR m] 700 20% 621 598 600 510 518 518 484 15% 500 459 455 452 425 428 416 424 391 377 400 10% 300 200 5% 100 55 63 54 47 20 37 52 57 55 66 70 69 72 64 71 0 0% Q

  24. Slide 24: Summary

    Summary Automotive track record for 40 years: › #2 in Automotive globally – first time double digit market share, closing gap to Renesas › Consistent revenue growth and profitability Growth drivers: › Compound annual car production growth of ~2% › Compound annual semiconductor content growth of 3%-4

  25. Slide 25: Part of your life. Part of tomorrow.

    Part of your life. Part of tomorrow. infineon

  26. Slide 26: Glossary

    Glossary ABS Anti-lock braking system PMD PMD Technologies GmbH ACC Adaptive Cruise Control ROW Rest of world AEB Autonomous Emergency Braking SAE Society of Automotive Engineers ADAS Advanced driver assistance systems SOP Start of production ATV Automotive segment StVO Road traffic act BASt The Fed

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