Microchip Technology Incorporated · NASDAQ:MCHP

Microchip Technology — Stifel Presentation (June 2019)

16 slides from Microchip Technology's conference presentation, June 2019

  1. Slide 1: A Leading Provider of Microcontroller, Mixed-Signal, Analog & Flash-IP Solutions

    MICROCHIP A Leading Provider of Microcontroller, Mixed-Signal, Analog & Flash-IP Solutions @©June 2019

  2. Slide 2: Forward Looking Statement Safe Harbor

    Forward Looking Statement Safe Harbor: During the course of this presentation, we will make projections or other forward-looking statements regarding the future financial performance of the company or future events, including our strategy, growth drivers, industry outlook, industry trends, market si

  3. Slide 3: Q1FY20 Business Update

    Q1FY20 Business Update  We have no guidance update since our earnings call of May 8th  The rhetoric on tariffs has gotten more negative since our May 8th call  Since May 8th the Huawei shipment ban was announced and is in effect  Huawei represents between 1% and 2% of our revenue  The rest of o

  4. Slide 4: Corporate Overview

    Corporate Overview ● Leading Total Systems Solutions provider: ● High-performance standard and specialized Microcontrollers, Digital Signal Controllers and Microprocessors ● Mixed-Signal, Analog, Interface and Security solutions ● Clock and Timing solutions ● Wireless and Wired Connectivity solution

  5. Slide 5: Our Vision

    Our Vision Be The Very Best Embedded Control Solutions Company Ever © June 2019 5

  6. Slide 6: Annual End Market Demand Growth

    Annual End Market Demand Growth 114 consecutive quarters of profitability! $ Million ©June 2019 6

  7. Slide 7: Worldwide Microcontroller Market Share

    Worldwide Microcontroller Market Share 2003 2008 2009 2010 2014 2016 2017 2018 No. Rank Rank Rank Rank Rank Rank Rank Rank 1 Renesas Renesas Renesas Renesas Renesas Renesas Renesas Renesas 2 Motorola NEC NEC Freescale Freescale NXP NXP NXP 3 NEC Freescale Freescale Samsung ST-Micro Microchip Microch

  8. Slide 8: Total MCU (8/16/32) Market Share %

    % © June 2019 10 12 14 16 18 20 0 2 4 6 8 CY94 CY95 CY96 CY97 CY98 CY99 CY00 CY01 CY02 CY03 CY04 CY05 CY06 CY07 CY08 CY09 CY10 CY11 CY12 CY13 CY14 Market Share % CY15 CY16 Total MCU (8/16/32) CY17 CY18 8

  9. Slide 9: Analog End Market Demand Growth

    Analog End Market Demand Growth $ Million © June 2019 9

  10. Slide 10: Microchip 2.0

    Microchip 2.0 1. Total System Solution in Embedded Control 2. Leading customer preference to design with our MCUs 3. Multiple growth drivers 4. Non-GAAP gross margin target of 63% of end market demand with multiple drivers 5. Non-GAAP operating expense target of 22.5% of end market demand 6. End mar

  11. Slide 11: Expanding Microchip Solutions Through Acquisitions

    Expanding Microchip Solutions Through Acquisitions Bluetooth® & Development Tools Embedded Wi-Fi® High-Voltage Analog & Compiler Motor Drive Mixed-Signal Products Products Hampshire FPGAs, SoCs, ASICS, Power, PoE, Timing and Low-Power LSS Analog & mixed-signal, Storage systems High-Speed Non-volatil

  12. Slide 12: Providing Total System Solutions

    Providing Total System Solutions Power Management RFICs DC-DC Converters Encryption MMICs Supervisors & Ref. & LDOs, Battery Mgt. Security High Voltage Discretes & Modules I/Os Precision Digital Voltage Potentiometer Reference Motor Drivers Sensors Amplifiers Filters A/D Voice & Power Audio Drivers

  13. Slide 13: Revenue by End Market

    Revenue by End Market Aero & Defense Industrial Communication 10% 28% 13% Computing 15% Automotive Consumer 18% 16% Microchip is a top 10 semiconductor player in each of Automotive and Industrial markets and # 1 in the world for Aero & Defense © June 2019 13

  14. Slide 14: Financial Results, Guidance and Long-Term Model

    Financial Results, Guidance and Long-Term Model Actual Results Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Non-GAAP Net Sales $844.0 $873.8 $881.2 $902.7 $972.1 $1,012.1 $994.2 $1,002.3 $1,216.8 $1,513.3 $1,416.0 $1,329.8 Gross Profit $471.1 $499.9

  15. Slide 15: Summary

    Summary  A consistent revenue grower and market share gainer with multiple growth drivers  High margin business model and shareholder friendly  Microsemi integration and accretion ahead of schedule  Executing on Microchip 2.0 - Total system solutions - Smart, Connected and Secure  Premium long-

  16. Slide 16: Thank You!

    MICROCHIP Thank You! CS

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