NXP Semiconductors Secure Connections for a Smarter World Z. Company Presentation April 2014

Transcription

1 NXP Semiconductors Secure Connections for a Smarter World Z Company Presentation April 2014

2 Secure Connections for a Smarter World Connected Car Cyber Security Portable & Wearable Internet of Things NXP Semiconductors! The electronics industry is being driven by four mega trends that are helping shape our society: Energy Efficiency, Connected Devices, Security and Health. Connecting to these trends and enabling Secure Connections for a Smarter World, NXP Semiconductors (NASDAQ: NXPI) creates solutions for the Connected Car, Cyber Security, Portable & Wearable and the Internet of Things.! Through our innovations, customers across a wide variety of industries including automotive, security, connected devices, lighting, industrial and infrastructure are able to differentiate their products through features, cost of ownership and/or time-to-market. With operations in more than 25 countries, NXP posted revenue of $4.82 billion in Additional information can be found on 2

3 Strong innovation track record Our innovations are used in a wide range of applications (1/2) Automotive Identification Consumer Computing! In-vehicle networking! Secure identity! TV! Tablet PCs! Car access & immobilizers! Car entertainment! Solid State Lighting! Secure transactions! Tagging & authentication! Satellite, Cable, Terrestrial and IP set-top boxes! Satellite outdoor units! Note-/Netbooks! Desktops! Power supplies! Telematics! Monitors and peripherals! Speed & Angular Sensors 3

4 Strong innovation track record Our innovations are used in a wide range of applications (2/2) Wireless infra Lighting Industrial Mobile! Wireless base stations! Point-to-point! CATV infrastructure! Broadcasting! Lighting drivers (CFL, LED)! Lighting networks! Backlighting! Smart grid! White goods! Home / building automation! Power supplies! Mobile devices! Portable power supplies! Personal health! Chargers 4

5 Fueling Industry Leading Growth NXP HPMS Growth at Least 50% Faster Than Market 7,500 $MM 6,000 4,500 3,000 NFC Mobile High Speed Interface Cyber Security Internet of Things Car-2-X Healthcare 1,500 HPMS Solutions Auto HPRF >1.5x Industry Growth CORE Product Revenue EMERGING Product Revenue 5

6 Consistently outgrowing the industry ($M) (1) Identification Automotive 32% Y-Y 9% Y-Y Portable and Computing Infrastructure and Industrial 15% Y-Y 17% Y-Y Note: 1. As of 2Q12, prior end market definitions for Wireless Infrastructure, Lighting and Industrial and Mobile, Consumer and Computing have been redefined to align internal management organization. All prior periods have been realigned to conform with new end market definitions. 6

7 Consistently outgrowing the industry ($M) (1) Recent Quarterly Business Trends Revenue ($M) Non-GAAP Gross Margin Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Non-GAAP Operating Margin Adj. EBITDA Margin Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Note: 1. As of 1Q13, product classification for HPMS end markets Infrastructure and Industrial and Portable and Computing in addition to segment Standard Products have been redefined to reflect underlying market dynamics, product complexity and organizational management. Prior periods have been realigned to conform with new end market definitions. Non-GAAP amounts exclude stock-based compensation. 7

8 Identification 28% Product Revenue in 2013 (1) Secular Trends Driving Growth! Digitization of government documents! Global roll-out of chip-based bank cards! Unified transit payment platforms! Secure mobile payments and access! Authentication of products and people NXP Identification Group Growth ($M) 30% 32% Y-Y Products! SmartMX secure microcontroller! Secure Java-card operating system! Zero and low-power RF interfaces! MiFare ticketing and access solutions! Complete document reader solutions! Low-power RFID tagging solutions Potential Identification Market Growth ($M) (1) 16% Market Position! #1 egovernment documents! #1 Chip-based banking cards! #1 Transit system products! #1 Mobile transaction solutions! #1 RFID tags and labels! #1 Contactless infrastructure E 2014E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 8

9 Automotive 22% Product Revenue in 2013 (1) Secular Trends Driving Growth! Secure connected car Car-to-X management! Demand for increased safety (ADAS)! Adoption of global digital broadcast! Increased data-flow throughout the car! Increased intelligence to key! Energy efficiency and CO 2 reduction! Complexity and long-life cycle demands Products! SoC infotainment and SDR systems! CAN/LIN, FlexRay and Ethernet PHY! RF passive keyless and proximity entry! ABS, angular and temperature sensors! LED interior and exterior lighting! Car-to-X communication systems NXP Automotive Group Growth ($M) 3% 9% Y-Y Potential Automotive Market Growth ($M) (1) 4% Market Position! #1 Auto infotainment systems! #1 In-vehicle networking! #1 Auto access - immobilizers! #3 Magnetic sensors E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 9

10 Portable and Computing 10% Product Revenue in 2013 (1) Secular Trends Driving Growth Portable and Computing Group Growth ($M)! Increased demand energy efficiency! Market shift toward 32-bit ARM MCU! Adoption of multi-protocol interfaces! Low power sensor management! Emergence of wireless charging 8% 17% Y-Y Products! Multi-protocol interface products! 32-bit ARM MCU! Custom SoC (MCU w/ mixed A/D) Potential Portable and Computing Market Growth (1) 4% Market Position! #1 Multi-protocol interface products! #11 32-bit ARM MCU E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 10

11 Infrastructure and Industrial 16% Product Revenue in 2013 (1) Secular Trends Driving Growth! Increased cellular data consumption! Adoption of energy efficient lighting! Low-Power RF- Connectivity ( IoT )! Increased demand for mobile charging! Increased demand for Audio quality NXP Infra. and Industrial Group Growth ($M) 3% 15% Y-Y Products! HPRF power amplifiers! Small signal LNA and RF discrete! AD/DC power controllers and regulators! LED lighting drivers! IoT ultra-low power RF-connectivity! Smart mobile audio solutions Potential Infra. and Industrial Market Growth ($M) (1) 11% Market Position! #1 LED lighting drivers! #1 Small-signal RF! #1 RF transceivers (silicon tuners)! #2 HPRF power amplifiers! #3 Small signal (mobile FEM)! #4 AC/DC power adapters E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 11

12 Standard Products 24% Product Revenue in 2013 (1) Benefits to Customers of Standard Products! Scale: 70B units/yr. manufactured Material purchasing power! Reach - #2 supplier in WW distribution! Quality - Automotive qualified NXP Standard Product Growth ($M) 0% (2%) Y-Y Products! General purpose logic ( GPL )! Small signal discrete! Signal conditioning! Low-voltage power MOSFET Potential Standard Product Market Growth (1) Market Position! #1 Standard products (overall)! #2 General purpose logic! #2 Small signal discrete! #2 Signal conditioning 2% E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 12 12

13 Leveraging Secular Trends and Unique Capabilities Secular Trends and Demands Driving Growth Addressable Market Growth ($M) (1)! Security! Connectivity! Mobility! Energy efficiency 1% 4% Y-Y Characteristics of HPMS Focused Markets! Large with long life cycles! Growth in excess of overall market! Broad and diverse customer base! High barrier to entry! Sticky customer relationships NXP Competitive Advantages! Strong IP and patent portfolio position! Broad mixed signal product portfolio! Differentiated process technology! Acknowledged leadership capability in Low-power RF; cryptography; Mixed-signal MCU system design Potential Future Market Growth ($M) (1) 6% E 2015E Source: (1) Market size, historic and future growth rates based on NXP CMI internal research of applicable peers; all growth rates are 3-year 13

14 Contact us for more information CUSTOMERS INVESTORS MEDIA CAREERS Follow us: /nxpsemiconductors blog.nxp.com /nxpsemiconductors our campaigns: 14

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