Company Presentation August 2017
Company Presentation August 2017
Infineon at a glance
Financials Market Position
Business Segments Employees
377 620 897 982
FY 13 FY 14 FY 15 FY 16
[EUR m]
Europe
15,176 employees
More than 36,000 employees worldwide (as of Sep. 2016)
Americas
3,691 employees
Asia/Pacific
17,432 employees
34 R&D locations 19 manufacturing locations
Revenue Segment Result Margin
15.2% 15.5% 14.4% 9.8%
3,843 4,320
5,795 6,473
41%
11%
17%
31%
Automotive
(ATV)
Industrial Power
Control (IPC)
Chip Card &
Security (CCS)
Power Management & Multimarket (PMM)
Revenue FY 2016
# 2 # 1
Automotive Power Smart card ICs
# 1
Strategy Analytics, April 2017
IHS Markit, Technology Group,
October 2016
IHS Markit, Technology Group,
July 2017
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Part of your life.
Part of tomorrow.
We make life easier, safer and greener – with technology that achieves more, consumes
less and is accessible to everyone. Microelectronics
from Infineon is the key to a better future.
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Infineon enables eco-friendly, connected and safe mobility
Applications
Efficient powertrain for combustion, electric and hybrid vehicles, charging station for electric vehicles, car safety, assistance systems and safety systems, comfort electronics, authentication, mobile security, traction
Courtesy: AUDI
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Infineon enables efficient generation, transmission and conversion of electrical energy
Applications
Energy transmission and conversion, renewable energy generation, home appliances, power tools, power management (adapters, chargers, power supplies), LED lighting systems, mobile devices, industrial drives, industrial vehicles
Courtesy: AUDI
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Infineon enables security in the connected world
Applications
Internet of Things, Industry 4.0, mobile security, embedded security, trusted computing, machine to machine, (mobile) payment, SIM applications, transport ticketing, government identification
Courtesy: AUDI
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Top positions in all major product categories
Discrete power semiconductors and power modules
Source: IHS Markit, Technology Group, “Power Semiconductor Annual Market Share Report”, October 2016
Microcontroller-based smart card ICs
Source: IHS Markit, Technology Group, “Smart Cards Semiconductors Report”, July 2017
Automotive semiconductors incl. semiconductor sensors
Source: Strategy Analytics, “2016 Automotive Semiconductor Vendor Share”, April 2017
Automotive semiconductors
total market in CY 2016: $30.2bn
Power semiconductors
total market in CY 2015: $14.8bn
Smart card ICs
total market in CY 2016: $2.79bn
2.0%
2.5%
2.9%
4.5%
5.3%
7.4%
7.8%
9.8%
10.7%
14.0%
Micron
Rohm
Toshiba
On Semi
Bosch
STMicro
TI
Renesas
Infineon
NXP
2.4%
2.9%
4.1%
4.1%
4.7%
5.0%
5.7%
6.3%
10.3%
18.7%
NXP
Semikron
Renesas
Fuji
Toshiba
Vishay
STMicro
Mitsubishi
ON + FCS
Infineon
9.3%
10.5%
16.2%
24.2%
24.8%
CEC Huada
STMicro
Samsung
NXP
Infineon
7 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Our strategy is targeted at value creation through sustainable profitable growth
Average-cycle financial targets
~8% Revenue growth
~17% Segment result margin
~13% Investment-to-sales
(thereof capex*: ~11%)
* Infineon reports under IFRS
System leader in automotive
#1; system and technology leader
Broad RF and sensor technology
portfolio
Leader in security solutions
Auto Power RF Security
›Focus on fastest growing segments of semi market
›Tackle global megatrends
›Leverage core competencies in different end markets to maximize ROI
›Create value for customers through system understanding
Focus Technology leadership System understanding
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The outlook for the global semiconductor market remains positive
Source: WSTS for historical data. Forecast: of WSTS, IHS Markit, Gartner, IC Insights; last update 28 July 2017
Global semiconductor market in billion $
Forecast revenue range Market size (revenue)
9 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Infineon benefits from industrial and auto, the by far fastest growing segments
4.0%
4.1%
5.7%
5.8%
6.4%
7.0%
7.5%
Chip Card ICs**
Communications
Total Semi Market
Consumer
Data Processing
Industrial
Automotive
Source: IHS Markit, Technology Group, “Worldwide Semiconductor Shipment Forecast”, July 2017 * Market size in calendar year 2016 ** Source: ABI Research, “Smart Cards and Secure ICs”, February 2017; smart card and embedded secure microcontroller ICs
CAGR 2016 – 2021 by Semiconductor Industry Segment
$352bn*
$112bn*
$44bn*
$32bn*
$36bn*
$129bn*
$3.5bn*
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Financial Year 2016: Revenue Split by Segment
FY 2016 Revenue: € 6,473m
* Other Operating Segments; Corporate & Eliminations
Chip Card & Security
Automotive
Power Management & Multimarket
Industrial Power Control
€ 2,651m
€ 698m
OOS+C&E*
€ 1m
€ 1,073m
€ 2,050m
41% 17%
31% 11%
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Infineon Group Results for FY 2015* and FY 2016
Segment Result (SR) 897 982
[€ Million] 2015 2016
Net Income 634 743
SR Margin 15.5% 15.2%
Investments 785 826
Free Cash Flow -1,654 490
Market capitalization** ~11,355 ~17,987
Net Cash 220 471
Revenues Net Income
Revenues 5,795 6,473
** share price as of September 30th, 2015: 10.06 Euro; share price as of September 30th, 2016: 15.88 Euro
FY15 FY16 FY15 FY16
743
5,795
634
6,473
+12%
* Since 13th January 2015 inclusive International Rectifier
12 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Infineon Group Results for Q2 FY17 and Q3 FY17
Segment Result (SR) 296 338
Net Income 199 253
SR Margin 16.8% 18.5%
Gross Cash Position 2,049 2,217
Free Cash Flow 82 301
Net Cash Position 32 358
Revenues 1,767 1,831
253
1,767
199
Q2 FY17 Q3 FY17
1,831
+4%
Revenues Net Income
[€ Million] Q2 17 Q3 17
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Tight customer relationships are based on system know-how and app understanding
Distribution partners EMS partners
ATV IPC CCS PMM
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Automotive Segment – Making cars clean, safe and smart
› Clean combustion engines
› Efficient energy management
› Electrified drivetrain
› Occupant and pedestrian protection
› Collision avoidance
› Advanced driver assistance
› Individual convenience
› Secure connectivity, data integrity and privacy
Clean Safe Smart
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Industrial Power Control Segment – Driving industry and much more
› General purpose drives
› Medium voltage drives
› Servo drives
› Elevators
› Refrigerators
› Air conditioners
› Washing machines
› Wind power plants
› Solar power plants
› High-voltage direct current trans-mission (HVDC)
Drives
› (High speed) trains
› Locomotives
› Subway
› Light rails
Home Appliances Renewables Traction
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Computing Mobile devices
Cellular infrastruc
-ture Charger Lighting
Power Management Radio Frequency & Sensing
Power Management & Multimarket Segment – Achieving more, consuming less
Sensing
High Reliability
Space Aviation/ Defense
Medical ICD
Hi-Temp. /Heavy Industry
MOSFETs, Power ICs, RF switches, LNAs, Si-Mics, RF power, Radar ICs, Environmental Sensors
mmW/ Radar
17 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Chip Card & Security is enabling security for the connected world
Smart Cards Embedded Security
› Smart card payment
› Electronic passports and ID documents
› SIM cards for mobile communication
› Transport ticketing
› Mobile device security and payment
› Information and communications technology (ICT) security
› Industrial and automotive security
› IoT connected device security
18 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Product range
Industrial Power Control (IPC)
› Bare die business
› Discrete IGBTs
› Driver ICs
› IGBT modules (high-power, medium-power, low-power)
› IGBT module solutions incl. IGBT stacks
Power Management & Multimarket (PMM)
› Control ICs
› Customized chips (ASICs)
› Discrete low-voltage and high-voltage power transistors
› GPS low-noise amplifier
› Low-voltage and high-voltage driver ICs
› MEMS and ASICs for silicon microphones
› RF antenna switches
› RF power transistors
› TVS (transient voltage suppressor) diode
Chip Card & Security (CCS)
› Smart card (contactless and contact-based) and embedded security ICs
› Turnkey security solutions e.g. OPTIGA™ Trust, OPTIGA™ TPM
› Packaging and service portfolio
› CIPURSE™ open standard based solutions
› Innovative solutions from basic security RFID and memories to high-end security controllers
› Leading technologies e.g. SOLID FLASH™, Integrity Guard, Coil on Module
Automotive (ATV)
› 32-bit automotive microcontrollers for powertrain, safety and driver assistance systems
› Discrete power semiconductors
› Magnetic and pressure sensors
› IGBT modules
› Power ICs
› Radar
› Transceiver (CAN, LIN, Flex Ray™)*
› Voltage regulators
*FlexRay is a trademark licensed by FlexRay Consortium GbR
Status: 30 September 2016
19 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Our global R&D network
Malacca
Ipoh
Beijing
Morgan Hill
Seoul
Shanghai
Bangalore Torrance
Warstein
Duisburg
Bristol
Augsburg
Neubiberg (Munich)
Padua
Villach
Graz
Regensburg
Dresden
Bucharest
Linz
Warwick
Tewksbury
Karlsruhe
Le Puy Sainte
Réparade
Pavia
Skovlunde
El Segundo
San José
Leominster
Chandler
Singapore
Reigate
Manila
Mesa
Status: 30 September 2016
20 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Worldwide manufacturing sites frontend and backend
Dresden Beijing
Wuxi
Batam Warstein Cegléd Malacca
Kulim Leominster San Jose Morgan Hill
Mesa
Tijuana
Temecula
Singapore
Newport
Cheonan
Regensburg Villach
Frontend Backend Status: 30 September 2016
21 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Our global sales network
São Paulo
Kokomo
Livonia
Bangalore
Seoul
Singapore
Lebanon
Beijing
Milpitas
Blackburn (Melbourne)
Osaka
Shenzhen
Taipei
Tokyo
Nagoya
Hong Kong
Shanghai
Rotterdam
Milan
Marseille
Stuttgart
Paris
Warstein
Madrid
Dublin
Bristol
Stockholm
Espoo
Moscow
Villach
Erlangen
Zurich
Neubiberg (Munich)
Hanover
Frankfurt
Xi'an
El Segundo
Reigate
Istanbul
Barcelona
Duisburg
Leominster
Hayward
Durham
Raleigh
Karlsruhe
Vienna
Status: 30 September 2016
22 2017-08-01 Copyright © Infineon Technologies AG 2017. All rights reserved.
Corporate Social Responsibility (CSR)
› CSR comprises our voluntary commitment in: Human Resources Management and Human Rights, Environmental Sustainability, Occupational Safety and Health, Corporate Citizenship*, CSR Supply Chain Management as well as Business Ethics.
› Infineon entered the UN Global Compact as one of the first semiconductor companies already in 2004 and is voluntarily committed to the 10 Principles.
› Infineon is for the 7th time listed in the Sustainability Yearbook.
› Infineon is continuously listed in the Dow Jones Sustainability
Index since 2010 and for the second time in the Dow Jones Sustainability World Index in 2016 and thus is among the
top 10% of the most sustainable companies in the world.
› Infineon does not compromise in human rights and business ethics.
› Infineon's products and solutions as well as our efficient resources management enable a significant net ecological benefit.
*social engagement of companies.
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Corporate Social Responsibility We are excellent in resources efficiency
About 33% less water consumed per square centimeter manufactured wafer than the global average
About 45% less electricity consumed per square centimeter manufactured wafer than the global average
About 47% less waste generated per square centimeter manufactured wafer than the global average
At Infineon, less is more
We use resources much more efficient in our production processes than the global average of the semiconductor industry.
Basis for the calculations are the square centimeters processed wafer area in the front-end production and consumptions according to WSC definition.
-45% -33% -47%
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Business Continuity Integrated management
Business Continuity ISO 27001* ISO 50001**
ISO 14001* OHSAS 18001*
Loss & Fraud Investigations
Real Estate & Facility
Management
Business & Operations
Support
Environmental Affairs,
Sustainability & Energy
Management
Information/ IT Security &
Data Protection
Corporate Social
Responsibility
Export Compliance
Business Continuity Planning
Security & Crisis
Management
Asset Protection
*ISO 27001/14001/OHSAS 18001 worldwide certification scheme; ** ISO 50001 certified at EU sites
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Let's get connected
www.facebook.com/infineon
www.google.com/+infineon
www.twitter.com/infineon www.youtube.com/infineon
www.infineon.com/xing
www.infineon.com/linkedin
CUSTOMERS PRESS
INVESTORS CAREERS
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