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Silicon Labs 2017 Analyst Day PDF

88 Pages·2017·13.51 MB·English
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Preview Silicon Labs 2017 Analyst Day

Silicon Labs 2017 Analyst Day MARCH 6, 2017 Silicon, software and solutions for a smarter, more connected world Legal Notice This presentation has been prepared by Silicon Laboratories Inc. (“Silicon Labs”) solely for The non-GAAP financial measurements provided in the Presentation do not replace the presentation of informational purposes. This presentation includes the following slides, the oral presentation of the Silicon Labs’ GAAP financial results. These additional measurements merely provide supplemental slides by Silicon Labs or any person on its behalf, any question-and-answer session that follows the oral information to assist investors in analyzing Silicon Labs’ financial position and results of operations; presentation, hardcopies of this presentation and any materials distributed at, or in connection with however, these measures are not in accordance with, or an alternative to, GAAP and may be different the presentation (collectively, the “Presentation”). By attending the meeting at which the from non-GAAP measures used by other companies. Silicon Labs has chosen to provide this information Presentation is made, or by reading the Presentation, you will be deemed to have (i) agreed to all of to investors because it believes that such supplemental information enables them to perform the following restrictions and made the following undertakings and (ii) acknowledged that you meaningful comparisons of past, present and future operating results, and as a means to highlight the understand the legal and regulatory sanctions attached to the misuse, disclosure or improper results of core ongoing operations. Reconciliations of these non-GAAP measures to the most circulation of the Presentation. Information relating to markets, market size, market share, market comparable measures calculated in accordance with GAAP are provided in the financial statements position, growth rates and other industry data contained in the Presentation relating to our industry portion of the quarterly earnings releases in a schedule entitled “Unaudited Reconciliation of GAAP to and business is partly based on our estimates and is provided solely for illustrative purposes. We have non-GAAP Financial Measures.” also compiled, extracted and reproduced market or other industry data from external sources, including third parties or industry orgeneral publications. Any such information contained in the Forward-Looking Statement Presentation has not been independently verified and no representation or warranty, express or This Presentation contains forward-looking statements based on Silicon Labs’ current expectations. implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or These forward-looking statements involve risks and uncertainties. A number of important factors could correctness of the information or opinions expressed herein. Neither Silicon Labs nor any of its cause actual results to differ materially from those in the forward-looking statements. Silicon Labs respective directors, officers, employees, agents or any other person shall have any liability believes that it is important to communicate the company’s future expectations to investors. whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of the However, there may be events in the future that Silicon Labs is not able to accurately predict or Presentation or otherwise arising in connection with the Presentation. The information and opinions control. For a discussion of these and other factors which could impact Silicon Labs’ financial results contained in this Presentation do not purport to be comprehensive, are provided as of the first date of and cause actual results to differ materially from those in the forward-looking statements, please the Presentation and are subject to change without notice. While we believe our internal estimates to refer to Silicon Labs’ recent filings with the SEC. Unless otherwise required by law, Silicon Labs be reasonable, they have not been verified by any independent sources, and we cannot assure you as expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking to their accuracy or that other persons would agree with our calculations and estimates. The industry statements to reflect any result or change in expectations. and market data included in the Presentation may be subject to significant uncertainty due to differing definitions of the relevant markets described, as well as the other uncertainties. Silicon Labs No Offer or Solicitation disclaims any obligation to update or keep current the information contained in the Presentation. The Presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue, or the solicitation of an offer to purchase, subscribe to or acquire, securities of Silicon Labs, Non-GAAP Financial Measures or an inducement to enter into investment activity in the United States or in any other jurisdiction in In addition to providing financial information on a basis consistent with U.S. generally accepted which such offer, solicitation, inducement or sale would be unlawful prior to registration, exemption accounting principles (“GAAP”), the Presentation also contains the following selected financial from registration or qualification under the securities laws of such jurisdiction. No part of this measures on a non-GAAP basis: (i) non-GAAP gross margin, (ii) non-GAAP research and development, Presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection (iii) non-GAAP selling, general and administrative, (iv) non-GAAP operating expenses, (v) non-GAAP with, any contract or commitment or investment decision whatsoever. The Presentation is not for operating income, (vi) non-GAAP income before income taxes, (vii) non-GAAP provision (benefit) for publication, release or distribution in any jurisdiction where such publication, release or distribution income taxes, (viii) non-GAAP net income and (ix) non-GAAP diluted earnings per share. The non-GAAP would constitute a violation of the relevant laws of such jurisdiction, nor should it be taken or information excludes the impact of stock compensation, amortization of acquired intangible assets transmitted in to such jurisdiction. and certain other items as set forth in the reconciliation tables. 2 Agenda 9:30a Introduction Tyson Tuttle | Chief Executive Officer 9:50a Internet of Things Q&A Daniel Cooley | SVP/GM Internet Of Things 10:45a Infrastructure Q&A Mark Thompson | SVP/GM Infrastructure & Automotive 11:40a Financial Overview John Hollister | Chief Financial Officer 12:00p Summary 12:10p Final Q&A 12:20p Lunch with Management Demos 1:00p Close 3 Management Team Tyson Tuttle John Hollister Daniel Cooley Mark Thompson Chief Executive Officer Chief Financial Officer SVP/GM Internet Of Things SVP/GM Infrastructure & Automotive Brandon Tolany Michele Grieshaber Lori Knowlton Alessandro Piovaccari Sandeep Kumar SVP Worldwide Sales Chief Marketing Officer Chief People Officer Chief Technology Officer SVP Worldwide Operations 4 Silicon Labs REVENUE ($M) A track record of multiple industry FOUNDED IN 1996 698 645 621 firsts, transforming and disrupting 580 large markets LISTED SLAB Core competencies in mixed-signal and RF CMOS silicon architectures, software, and systems Focus on high-quality, diversified markets >30,000 CUSTOMERS 2013 2014 2015 2016 Increasingly positioned for sustainable growth 2015 & 2016 MOST RESPECTED SEMICONDUCTOR COMPANY >1500 PATENTS 5 Silicon Labs: A Global Company >1200 EMPLOYEES WORLDWIDE HEADQUARTERED IN AUSTIN INTERNATIONAL HQ SINGAPORE 66 WE ARE EMPOWERING A MORE CONNECTED WORLD WITH BREAKTHROUGH TECHNOLOGIES IN SILICON, SOFTWARE, AND SOLUTIONS 77 A Track Record of Disruptive Technologies Modem TV Tuner Timing Bluetooth Module Oscillator Oscillator Oscillator Oscillator Oscillator 5X SMALLER | GLOBAL 20X SMALLER | GLOBAL QUAD PROGRAMMABLE OSCILLATOR 10X SMALLER | LOW POWER 8 Leveraging Our 20 Year History into the Future 1996 2016 Modem Access 9 Leveraging Our 20 Year History into the Future Wireless Software 45% MCU IoT Tuners 23% 1996 Broadcast 2016 RF Synthesizer Timing Trade Secrets 21% Mixed-signal, CMOS RF First-of-kind integration Isolation Infrastructure 11% Modem Access 10

Description:
A Leader in Performance for the Infrastructure Market. ▫ Targeting #1 position in Timing & Isolation. ▫ Breakthrough architectures leading industry.
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