X-fab Silicon Foundries Se · EURONEXT:XFAB
X-fab Silicon Foundries — Investor Day (2023)
17 slides from X-fab Silicon Foundries's investor day presentation, Jun 15, 2023
Slide 1: Accelerating X-FAB's capacity ramp
Accelerating X-FAB’s capacity ramp Damien Macq, COO & Dirk Drescher, VP Operations
Slide 2: Demand to exceed supply in the coming years
Demand to exceed supply in the coming years Customer forecast vs. total capacity › X-FAB technology successful with continuous strong demand in core markets › Significant investments to leverage this excess demand and build the supply that our customers need Y2023 Y2024 Y2025 Y2026 Customer demand T
Slide 3: Significant investments in new manufacturing capacity and partnerships
Significant investments in new manufacturing capacity and partnerships Expansion projects for additional manufacturing capacity at all 200 mm sites Expansion of our SiC foundry business Expansion of our MEMS capacity Expansion through selected outsourcing partnerships X-FAB’s manufacturing output wi
Slide 4: Challenges in adding "mature node" capacity
Challenges in adding “mature node” capacity IN THE PAST TODAY acquire & utilize empty mature fabs Clean room space investment in new cleanroom space large used equipment market brand new equipment with Equipment short lead times long lead times unconstrained Supply chain constrained moderate Investm
Slide 5: We grow our capacity at all sites
We grow our capacity at all sites Itzehoe, Germany Dresden, Germany Lubbock, USA +3.5k WOPM +1k WOPM MEMS CMOS +13.5k WOPM SiC Kuching, Malaysia +10k WOPM Erfurt, Germany CMOS +6.8k WOPM Corbeil-Essonnes, France MEMS +14k WOPM CMOS WOPM = Wafer out per month 5
Slide 6: Increased value add drives manufacturing complexity
Increased value add drives manufacturing complexity Finished Bare silicon X-FAB’s manufacturing process product wafer 500 – 1,000 process steps 10 – 55 masks 30 – 120 days 19 masks required for a 54 masks required for 2-5x more value for more complex legacy consumer product DNA sequencing applicatio
Slide 7: X-FAB France
X-FAB France Expansion plan › Conversion consumer to automotive process › Transfer 180 nm from Kuching, start new 110 nm copper-based › Improved automation › 5 investment phases › 170M$ CAPEX (2023-2025) › +14k WOPM X-FAB technologies 7
Slide 8: Transforming the business at X-FAB France
Transforming the business at X-FAB France Our site in France is undergoing a significant transformation, which was initiated in 2021 Acceleration of business and process shift towards X-FAB processes today › More masks per product › More revenues per wafer › More sustainable business Significant tra
Slide 9: Wafer capacity at X-FAB France
Wafer capacity at X-FAB France While transitioning from CCC to X-FAB core processes X-FAB France to become the center of 110 nm production Wafers per month at X-FAB France 180 nm 25000 20000 200% 100% +67% 180 nm for core markets +14k 0% 15000 Q1-23 Q4-26 10000 x13 180 and 110 nm 5000 BCD-on-SOI 20
Slide 10: X-FAB Sarawak
X-FAB Sarawak 10k expansion plan › Building expansion + space optimization current clean room › Adding 6,300 m² clean room space › Improved automation › Process: focus 180 nm › >550M$ CAPEX (2023-2025) › 50% increase in mask layers/day 10
Slide 11: Wafer capacity at Sarawak
Wafer capacity at Sarawak Significant increase of our capacity for core market processes while maintaining execution excellence +43% Wafers per month 180 nm at X-FAB Sarawak 150% 45000 100% 40000 +10k 50% 180 nm for core markets 35000 0% 30000 Q1-23 Q4-26 +230% 25000 20000 180 nm BCD-on-SOI 15000 40
Slide 12: X-FAB Dresden
X-FAB Dresden Focus on 350 nm CMOS for further MEMS processing Wafers per month Expansion plan +1k › Building expansion + space optimization current clean room › Improved automation › 30 M$ CAPEX (2023-2025) › Up to 11k wafers per month Q1-23 Q4-26 0.6µm X*035 Others 12
Slide 13: X-FAB Texas
X-FAB Texas Converting CMOS to SiC technology Expansion plan Wafers per month › Conversion of 3,200 m² fab space 400% +340% into clean room 350% › Installation of SiC specific equipment 300% for capacity growth 250% 200% › Improved level of automation 150% +340 % › 200 M$ CAPEX (2023-2025) 100% 50%
Slide 14: X-FAB Erfurt & Itzehoe
X-FAB Erfurt & Itzehoe Significant MEMS capacity growth and production ramp underway Expansion plan 200% 150% › Erfurt: 50 M$ CAPEX (2023-2025) converted fab space into 1,460 m² 100% 50% 184% +84% 0% MEMS capacity at Erfurt new clean room space, ready for Q1-23 Q4-26 equipment › Itzehoe: 150% +63% a
Slide 15: Capacity expansion drivers: outsourcing
Capacity expansion drivers: outsourcing › X-FAB engaged with various external partners to create additional capacity • Focus on a few large opportunities (large volume ASICs) with mature technologies • Strong interactions with lead customers of X-FAB to accelerate qualifications › Fast capacity enab
Slide 16: Conclusion
Conclusion At X-FAB, we are committed to address the ongoing significant growth in our core markets by investing in additional capacity at all sites with more value-added processes Wafers per month +49k CMOS (X-FAB) SiC +64% MEMS Outsourcing Capacity increase in wafers per month Up to +50% Process c
Slide 17: Thank you.
Thank you. @) ®) @ @ @ xfab.com