Slide 1: Q4 and FY 2023 Financial Results Conference Call
Q4 and FY 2023 Financial Results Conference Call Supporting Slides February 14, 2024
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertaintie
Slide 3: Annual Revenue Breakdown by Technology
Annual Revenue Breakdown by Technology 2023 2022 Misc. Misc. 2% Discrete 2% Discrete 15% 14% Sensors & Displays Sensors & 20% Displays 19% Power IC Power IC 24% 20% RF Mobile RF Mobile 22% 23% MS/CMOS 8% MS/CMOS 7% RF Infrastructure RF Infrastructure 10% 14% 3
Slide 4: 2023 Revenue Breakdown by End Market
2023 Revenue Breakdown by End Market Other MS/ A&D 3% CMOS 4% 2% Image Infrastructure Sensors 11% 7% Industrial 7% Wireless 22% Consumer 13% Automotive 17% End Application served by Power devices 14% 4
Slide 5: RF SOI figure of merit roadmap
RF SOI figure of merit roadmap • 200mm and 300mm 250 QT1 RF SOI Ron-Coff (fs) wafer sizes 200 • 180nm to 65nm nodes 150 • 4 factories in high QT8 volume + qualifying QT9/TPS90RSB Agrate, Italy 100 QT10/TPS65RSC • Best-in-class FoM and 50 roadmap with low Ron- Coff and high power 0 handling 2012 2014
Slide 6: SiPho based FMCW benefit for LiDAR
SiPho based FMCW benefit for LiDAR • FMCW LiDAR gives both the range (x, y, and z coordinates) and the relative velocity of surrounding objects, making it best suited for automotive SiPho applications • SiPho enables a compact integration of all optical elements of an FMCW LiDAR: laser sources, opti
Slide 7: Tower Semiconductor Collaborates with Renesas to Manufacture SiGe-based Beamforming ICs
Tower Semiconductor Collaborates with Renesas to Manufacture SiGe-based Beamforming ICs for Tier-1 Customers in Satcom, 5G, and Aerospace & Defense Applications The Satcom terrestrial market is expected to grow to 150M users by 2031 according to Euroconsult with the expansion of global satellite-bas
Slide 8: Satellite based internet services
Satellite based internet services User Terminal Examples Terrestrial receiver demand is growing SiGe based phased-array are key enablers ~250 phase-array ICs per terminal on Shown for illustrative purpose only. Not an indication of Tower’s content. average per antenna terminal 256 Element Phased-
Slide 9: TPS65PM Modularity
TPS65PM Modularity • Tower’s 65nm BCD technology is based on BEOL 2~6 Cu a modular process that potentially has Top 0.9 or 3.3um more than 1000 different flavors • It covers a wide range of Power & Power Devices Analog applications with best- LDMOS, DEMOS 1.2V Core Trans. in-class FOMs (MOS, stdcell
Slide 10: Stitching technology
Stitching technology Full 12’’ sensor • Large Scale image sensor manufacturing using stitching • 2 masks solutions : A B Full 8” wafer size Mask A Mask B Print on silicon • Single mask solution Mask Print on silicon – no size limitation 48x3 6 44x33 1/10” 1/3” 1/4” 1/2” 2/3” 1” 4/3” APS (3:2) 35 mm
Slide 11: Next generation X-Ray Sensors
Next generation X-Ray Sensors • 12” 65nm lean flow – only 20 photo layers • 20cm x 20cm 1 DPW or two dice per wafer of 17cm x 12cm each • Supports the drive for higher FOV (Field of View) – larger sensors • Better solution than IGZO (Indium Gallium Zinc Oxide) TFT • Competitive price • Higher frame
Slide 12: Thank You
Thank You Contact: Noit Levy, SVP Investor Relations and Corporate Communications Email: noitle@towersemi.com