X-fab Silicon Foundries Se · EURONEXT:XFAB
X-fab Silicon Foundries — Investor Day (2021)
15 slides from X-fab Silicon Foundries's investor day presentation, 2021
Slide 1: Welcome to the X-FAB Investor Day 2021
Welcome to the X-FAB Investor Day 2021 Rudi De Winter, CEO Company Confidential
Slide 2: Disclaimer
Disclaimer Forward-looking information › This presentation may include forward-looking statements. Forward- regarding trends or current activities should not be taken as a report looking statements are statements regarding or based upon our that such trends or activities will continue in the future.
Slide 3: Introducing the team
Introducing the team Luigi Di Capua Agnes Jahnke Dr. Dirk Drescher Dr. Jocelyne Wasselin VP Product Marketing Product Marketing VP Operations CEO X-FAB France Manager SiC & GaN Our markets & our vision Staying ahead as Fulfilling our customers’ The turnaround of number one SiC foundry manufacturing
Slide 4: Introducing the team
Introducing the team Dr. Ulrich Bretthauer Volker Herbig Alba Morganti Product Marketing VP MEMS BU CFO Manager Medical Medical as the next automotive Lab-on-a-chip – Financial model & outlook business & purpose X-FAB Investor Day 2021 Company Confidential 4
Slide 5: X-FAB – the specialty foundry
X-FAB – the specialty foundry X-FAB's key differentiators › Strong focus on automotive, industrial and medical › Diverse customer base characterized by strong collaboration and partnership › Comprehensive portfolio of specialty technologies addressing today’s megatrends › Best-in-class design suppor
Slide 6: Where are we today?
Where are we today? X-FAB revenue and bookings development 220 › Unprecedented surge in demand after two 200 CMOS MEMS SiC Bookings years of weakness 180 › Strong recovery across ALL end markets 160 140 › Backlog levels extremely high 120 in $m › Inventory levels at record low 100 › Supported by org
Slide 7: Successful business portfolio transformation
Successful business portfolio transformation Business mix Q4 2016 Business mix Q1 2021 Industrial Medical Automotive 8% 2% 54% Industrial 21% Automotive 37% Share of core business CCC 52% with long lifecycles and higher Medical value-add has grown systematically CCC 6% 20% Core business: 48% Core bu
Slide 8: Looking ahead
Looking ahead Our goals remain valid › Strengthen No. 1 position as AUTOMOTIVE specialty pure-play foundry › Stay committed to the INDUSTRIAL market › Make MEDICAL the next automotive › Remain the foundry market leader for SILICON CARBIDE 10% annual USD 1bn >27% revenue revenue EBITDA growth on by 2
Slide 9: Consistently strong prototyping activities
Consistently strong prototyping activities Prototyping revenue per quarter Prototyping revenue by market segment (full year 2020) 25 IP sale* Others NRE Revenue CCC 1% Automotive 20 Moving 4Q average 16% 16% 15 in $m 10 Medical 5 23% Industrial 0 44% Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q
Slide 10: Capitalizing on the electric vehicle market
Capitalizing on the electric vehicle market Strengthen no. 1 position as AUTOMOTIVE specialty pure-play foundry › Enabling the integration of multiple functions on one chip operating at high temperatures & offering full range of technologies required for EV Automotive revenue 90 80 70 60 in m$ 50 40
Slide 11: Long-term strategy on track
Long-term strategy on track Stay committed to the INDUSTRIAL market › Strong prototyping pipeline: 44% of 2020 prototyping revenues accounted for industrial projects › Riding the wave of electrification and Industry 4.0 Industrial revenue 40 35 CAGR past 5 years 21% 30 25 in m$ 20 15 10 5 0 Q1 Q2 Q3
Slide 12: Continue the positive momentum
Continue the positive momentum We are making MEDICAL the next automotive › Well positioned to capture the growing medical semiconductor market with technologies enabling a variety of personal medical devices, medical equipment and state-of-the-art lab-on-a-chip applications › As experienced automoti
Slide 13: Riding the wave of electrification
Riding the wave of electrification Continue to lead the SILICON CARBIDE foundry market SiC revenue 10 9 8 7 SiC business gaining momentum 6 5 in m$ 4 ““XXX“ Customer XYZ 3 2 1 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2015 2016 2017 2018 2019 2020 X-FAB Investor Da
Slide 14: Customer testimonial from UnitedSiC CEO
“Thanks to the excellent collaboration with X-FAB, UnitedSiC brought our Gen IV SiC FET technology to the market with world record specific on- resistance at 750V. This platform is particularly well suited for use in traction inverters with a guaranteed short circuit rating, standard silicon gate dr
Slide 15: Thank you.
Thank you. www.xfab.com Company Confidential