Diodes Incorporated · NASDAQ:DIOD
Diodes — Diodes Inc /Del/ — Roth Conference 2017
29 slides from Diodes's conference presentation, Mar 14, 2017
Slide 1: Investor Relations Presentation
Investor Relations Presentation Plano, Texas March 14, 2017 Exhibit 99.1
Slide 2: Safe Harbor Statement
Safe Harbor Statement Page 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
Slide 3: Management Representative
Management Representative Page Dr. Keh-Shew Lu President and CEO Diodes Incorporated Since 2005 Texas Instruments 27 years Experience: Senior Vice President of TI Worldwide Analog and Logic President of Texas Instruments – Asia Education: Master's Degree and Doctorate in Electrical Engineering Texas
Slide 4: Company Representative
Company Representative Page Laura Mehrl Director of Investor Relations Since May 2010 Experience: Director of Investor Relations, Diodes Incorporated, Plano, Texas Senior Business Development Manager, STMicroelectronics, Carrollton, Texas Sales Director for Analog Devices Inc., Shanghai, China Produ
Slide 5: About Diodes Incorporated
Page A leading global manufacturer and supplier of high-quality application specific, standard products within the broad discrete, logic and analog markets, serving the consumer, computing, communications, Industrial and automotive segments. About Diodes Incorporated
Slide 6: Business Objective
Business Objective To consistently achieve above-market profitable growth, utilizing our innovative and cost-effective packaging and silicon technology, suited for high volume, high growth markets by leveraging process expertise and design excellence to deliver high quality semiconductor products. P
Slide 7: Significant Market Opportunity
2016 Total Semiconductor Market ($339 bn) Significant Market Opportunity Page $143 bn $32 bn $77 bn $48 bn $20 bn Diodes’ SAM: $10 - $12 bn Diodes’ SAM: $20 - $22 bn Opto $19 bn Std Logic Analog Discrete Micro/Special Memory Diodes’ SAM: $1 - $3 bn
Slide 8: Diodes Growth Strategy
Diodes Growth Strategy Page Many Paths for Growth: Product Portfolio Product arena Product line expansion Performance enhancement Application Space Targeted end equipment Broad customer base Increased product coverage Packaging Breadth Broad packaging portfolio Increased power density Small form fac
Slide 9: Performance Enhancement
SKY Rectifiers MOSFETs Bipolar LDO DC-DC (Asynchronous) AC-DC (Secondary side controllers) LED Drivers (DC Input) Performance Enhancement Page Diodes’ product upgrade has expanded our SAM. SBR® (Super Barrier Rectifiers) (Vb < 400v) DIOFETTM (SKY Integrated, Low RDS(on)) CMOS LDO (Low power) DC-DC (
Slide 10: Efficiency, Functionality and Control for Smartphones
Efficiency, Functionality and Control for Smartphones Page LED Backlighting LED Drivers Boost Converters Schottky Diodes LCD / OLED Display Bias LCD Bias ICs OLED Bias ICs Schottky Diodes LED Flash Module Camera Flash Drivers ZXMN series MOSFETs Keypad Backlighting LED Drivers Boost Converters Schot
Slide 11: Strong Relationships Drive LCD/LED TV Product Roadmaps
Page Strong Relationships Drive LCD/LED TV Product Roadmaps LCD Display Buffer 40V High-gain BJT System Power Conversion Low Dropout Regulators DC-DC Converters Voltage References Synchronous MOSFET Controllers 40V/100V SBR and Schottkys Bridge Rectifier Diodes LCD LED Backlighting Current Monitors
Slide 12: Product Breadth and Performance for Computing Platforms
Page Product Breadth and Performance for Computing Platforms LCD / LED Backlighting LED Drivers Boost Converters Schottky Diodes Battery Power Management Current Monitors Load Switches Low-Saturation BJT ZXMP series MOSFETs System Voltage Conversion Low Dropout Regulators DC-DC Converters Schottky D
Slide 13: Automotive Quality for Demanding Automotive Applications
Page Automotive Networking ESD Protection TVS Protection Seat Control Module Hall Sensor SBR IntelliFET® Voltage Reference Body Control Module Bipolar Transistors Shunt Regulator Voltage Reference IntelliFET MOSFETs Hall Sensor Braking Control Unit Voltage Reference IntelliFETs MOSFETs Hall Sensor P
Slide 14: Power and Signal Management for the Broad Industrial Market
Page Power and Signal Management for the Broad Industrial Market Power Management AC-DC Converters DC-DC Converters LDO Regulators HV Regulators Shunt Regulators Gate Drivers Synchronous Rectifiers HV Rectifiers and Bridges SBRs HV Switches Signal Conditioning Op Amps Comparators Linear Hall Voltage
Slide 15: Market Trend: Complete Charger and Power Adapter Solution
Page Market Trend Complete Charger and Power Adapter Solution and Trend Primary Rectifiers Bridges Diodes Switches HV BJT PSR Controllers AP3775/6 Secondary Rectifiers Schottky Diodes SBR® Sync. Rectifiers Standby Power Cost System Efficiency New Technology PSR Accelerator AP434X
Slide 16: Complete Platform Solutions: Notebooks
Discrete MOSFET TVS, SBR Analog & Power LDO USB Switch DCDC Converter LED Driver Logic & Std Linear Audio, Sensor High-Speed Serial Connectivity Connectivity Timing Signal Integrity Switching CPU PCH MOSFET LED Driver USB 2.0 Switch A/V Codec DDR Regulator DCDC Controller LDO Analog Switch TVS USB3
Slide 17: Packaging Focus: Miniaturization and Power Efficiency
TSSOP-8/14/16L SOT89 SC59 SOT353/363 SOT143/SC82 SOT543/553 /563/666 SOT223 ~ 2015 SOT953/963 QSOP-16/20L TSOT23-5/6 DFN0603 PowerDI-5SP Power5060-8L ITO220AC-S DFN1114-3 DFN5060-4 Power3333-8L DFN0808-4 DFN0806-3 PD-123/323 PowerDI3030 MSOP-8/10L TO263-2/3/5L TO220-3L SOP-8/14/16L-EP MSOP-8/EP TO25
Slide 18: Packaging Focus: Miniaturization and Power Efficiency
Page Packaging Focus: Miniaturization and Power Efficiency Power Efficiency Miniaturization DDFN0402 Possibly the smallest Discrete semiconductor package. Compared to a TO252, the PowerDI®5 package delivers twice the power density from a 55% smaller footprint. PowerDI®5 TO252
Slide 19: Efficient Manufacturing + Superior Processes
Page Shanghai-based packaging with capacity approximately 30 billion units The new packaging facility in Chengdu has a potential capacity of 3X that of Shanghai Additional packaging facilities in Neuhaus, Germany and in Chengdu, China Two discrete fabs, two analog fabs in Kansas City, Missouri (5” a
Slide 20: Collaborative Customer Relationships
Collaborative Customer Relationships Page Quanta
Slide 21: Revenue Growth
Revenue Growth ( In millions ) ( Acquisition Years ) * * * * * Page +41% +3.6% -0.2% +7.7% +30.5% -4.7%
Slide 22: Revenue Profile – 4Q2016
Revenue Profile – 4Q2016 By Channel By Region By End Market Page 8% 83% 9% Asia Pacific Europe North America 63% 37% Distribution OEM / EMS 20% 20% 24% 29% 7% Industrial Consumer Communications Automotive Computing
Slide 23: Summary of Year 2016
Page Summary of Year 2016 Revenue was $942.2 million, an increase of 11.0 percent over the $848.9 million in 2015; GAAP gross profit was a record $286.9 million as compared to $248.6 million in 2015; GAAP gross margin improved 120 base points to 30.5 percent from 29.3 percent in 2015; GAAP net incom
Slide 24: Fourth Quarter 2016 Financial Performance
Fourth Quarter 2016 Financial Performance Page In millions, except per share 4Q15 3Q16 4Q16 Revenue $214.4 $250.7 $232.1 Revenue Growth 8.3% -7.4% Gross Profit (GAAP) $53.6 $80.6 $67.3 Gross Profit Margin % (GAAP) 25.0% 32.2% 29.0% Net Income (GAAP) - $4.8 $10.6 $1.3 Net Income (non-GAAP) $6.7 $15.1
Slide 25: Balance Sheet
Balance Sheet Page Dec 31, 2015 Cash $243 $218 $248 Short-term Investments $12 $65 $30 Inventory $182 $203 $193 Current Assets $676 $751 $733 Total Assets $1179 $1599 $1531 Long-term Debt $141 $454 $413 Total Liabilities $369 $756 $708 Total Equity $810 $843 $820 Dec 31, 2016 In millions Dec 31, 201
Slide 26: First Quarter 2017 Outlook
Page Expect revenue to range between $220 million and $240 million, or down 5.2 to up 3.4 percent sequentially, reflecting typical seasonality as well as a one month impact from the KFAB fire; Expect gross margin to be 28.5 percent, plus or minus 1 percent; Non-GAAP operating expenses, which are GAA
Slide 27: Global Manufacturing Infrastructure
2 1 5 3 Kansas City, MO Wafer Fab Shanghai, China Packaging Neuhaus, Germany Packaging Oldham, UK Wafer Fab 4 Chengdu, China Packaging 1 Shanghai, China Wafer Fab Global Manufacturing Infrastructure 1 1 6 Jinan, China Crystal Fab, Packaging 2 Jhongli, Taiwan Oscillator Module Packaging Page
Slide 28: Diodes Strategy: Profitable Growth
Diodes Strategy: Profitable Growth Page
Slide 29: Thank you
Thank you Company Contact: Diodes Incorporated Laura Mehrl Director of Investor Relations P: 972-987-3959 E: [email protected] Investor Relations Contact: Shelton Group Leanne K. Sievers EVP, Investor Relations P: 949-224-3874 E: [email protected] www.diodes.com Diodes was named one of the 10