maxim automotive business...

Automotive Business UpdateMaxim Integrated

December 5, 2017

Safe Harbor

2

This presentation contains forward-looking statements within the meaning of Section 27A of the

Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These forward-looking statements include, without limitation, the Company’s projections and statements

regarding revenue, gross margin, earnings per share, capital expenditures and other financial and business

metrics. These statements involve risks and uncertainties that could cause actual results to differ

materially from expectations. Please refer to the Company’s Annual Report on Form 10-K for the fiscal

year ended June 24, 2017 for a description of some of the risk factors that could cause actual results to

differ materially from such forward-looking statements.

All forward-looking statements included in this presentation are made as of the date hereof and based on

the information available to the Company as of the date hereof. The Company assumes no obligation to

update any forward-looking statement.

Over a Decade of Innovation in Automotive Semis

3

Maxim’s Automotive Growth Drivers1

Advanced Driver Assistance Systems3

Q&A Session4

Electrified Vehicles2

The Next Waves of Automotive Growth

4

Electrification ADAS

Serial LinkPower Management

Battery Management

Systems (BMS)

CY2012 CY2017F

Electrified Vehicles and ADAS Adding to Infotainment Foundation

5

>30%CAGR

$185M

>$475M

Infotainment

Body Electronics

ADASElectrified Vehicles

Maxim’s Automotive ApplicationsAutomotive USB

Body ControlDisplay Power

ECU Power Management and Voltage Regulation Electrified Vehicle Battery Management

Exterior and Interior Lighting Infotainment Power Management

Low Noise Amplifiers Remote Keyless Entry

RF Tuners and ReceiversVideo and Data Distribution

Source: Maxim Integrated

Electrified Car Production to Triple by 2022

6

RegulationAir Quality

Cost of Ownership

Inflection in EV Adoption

~4M Electrified Cars of 95M Total Car Production

Source: Strategy Analytics. Electrified Cars includes Battery Electric/Plug in Hybrid/Hybrid Units

5% 11%

2017F 2022F

~12M Electrified Cars of 107M Total Car Production

Diversified Portfolio of EV Design Wins

7

China

Europe

North America

Japan

Korea

Design Wins at 28 Auto OEMsCHINA

Phasing out combustion enginesOEM scores on emissions starting 2019

FRANCE 2040 target of 100% EV Sales

UNITED KINGDOM

2040 target of 100% EV sales

INDIA 2030 target of 100% EV sales

Differentiated BMS Architecture Enables Highest ASIL Standard

8

Maxim’s 4th

Generation BMSASIL D Certified

Li-Ion Battery Module

Li-ion CellsLi-ion CellsLi-ion CellsBattery Module



BMS

BMS

BMS

Proprietary Interface

Isolation

. . .

Master Controller

Pack Switch

Pack Switch+

-

. . .

Maxim Has Solutions for Every EV Category

9

0

2

4

6

8

10

12

14

2016 2017 2018 2019 2020 2021 2022

Tho

usa

nd

s

Full Hybrid

Battery Electric (Car)

Plug in Hybrid

Electrified Vehicle Production Per Year [Mu]

>20%CAGR

Source: Strategy Analytics, Maxim Integrated

Battery Electric (Bus)

Battery Pack Capacity

Maxim’s BMS Content

Opportunity

Full Hybrid 1 – 2 kWh $10 – $20

Plug-in Hybrid 3 – 10 kWh $20 – $30

Battery Electric (Car) 40 – 100 kWh $30 – $50

Battery Electric (Bus) 150+ kWh $80 – $120

Enabling ADAS With GMSL and Power Management

10

Automotive-Grade Quality and Safety

Low Latency VideoHigh Speed DataFuture Scalability

Small SizeEfficient

Clean, Reliable Power

Gigabit Multimedia Serial Link Power Management

ADAS ECUs to More Than Double by 2022

11

2017F 2022F

169MADAS ECUs

354MADAS ECUs

Level 2 ADAS is key demand driver for Maxim’s

High-Speed Serial Link and Power Management products

Lane Departure

Adaptive Lighting

Collision Warning

Parking

E-Call/On Star

Source: Strategy Analytics

ADAS Sensor Count Increases With Each Level of Autonomy

12

Level 2 Level 3 Level 4/5

13+

7+

28+

Autonomous Driving Domain Controller

Short- and Long-Range Radar Sensors

Lidar, Exterior Camera and Interior Camera Sensors

Source: IHS

Number of ADAS sensors per car

Cars Becoming “Data Centers on Wheels”

13

2017 2022F

4X Data Transmission Rates*

~80Gb/s

~20Gb/s

Source: Maxim Integrated*Data Transmission Rates based on estimated Serial Link Data Rate multiplied by number of links in a premium car

Data Link TypePremium Car

in 2017Premium Car

in 2022

ADAS Links

Surround view system ✓ ✓

Front facing camera system ✓ ✓

Mirror replacement system ✓

In-cabin monitoring system ✓

Driver monitoring system ✓

Adaptive front lamp system ✓

RADAR ✓

LiDAR ✓

Infotainment Links

Central Information Display ✓ ✓

Instrument Cluster ✓ ✓

Head-Up Display ✓ ✓

Consumer Box to Head Unit ✓ ✓

Rear Seat Entertainment ✓

Passenger Information Display ✓

Sensor

Display

Camera

CAN Bus AutomotiveEthernet

1st Gen SerialLink

1st Gen SerialLink

2nd Gen SerialLink

Future GenSerial Link

Uncompressed, Low Latency HD Video Requires Serial Link

14

0

100

200

300

2017 2018 2019 2020 2021 2022

Analog

Serial Link: 3 to 6Gb/s Uncompressed Video

Ethernet: 100Mb/s Compressed Video

Source: Strategy Analytics, Maxim Integrated

1Mb/s 100Mb/s1Gb/s

Highest Speed andFuture Scalability

3Gb/s

6Gb/s

Serial Link(2nd Gen Video)

>10Gb/s

CAN Bus AutoEthernet

Serial Link(Future)

Video Links [Mu]

100Mb/s1Mb/s

Serial Link(Gigabit Ethernet)

Serial Link(1st Gen Video)

Maxim Serial Link Innovation Simplifies ADAS Systems

15

Simultaneous Video and Gigabit Ethernet

Multi-Video Streaming

SoC SER

DES

DES

CID

IC

SoC

SER DES

DES

CID

IC

Video

VideoSER

Reduces Infrastructure Cost

SoC

SER VideoVideo

RGMII GbE PHY GbE

DES

GbE PHY

Video

RGMII

SoC

Simplifies Infrastructure

SER DESVideo & GbEOver GMSL

Video

RGMII

Video

RGMII

SoCSoC

ADAS Analog SAM to Double by 2022

16

2017F 2022F

$1.3B

$2.8B

Collision Warning

Parking

Lane Departure Warning

E-Call/On Star

Source: Strategy Analytics

CONSOLE DISPLAY

TOUCH/ BUTTONS

INPUT PROTECTOR

CAMERA INTEGRATOR

LOADSWITCH

IMAGING AND CONTROL SoC

DRAM TEMP SENSE

SUPERVISOR

OSCILLATOR

ADAS CONTROL UNIT

CAN CAN

SEQUENCER

PMICMEMORY POWER

LV STEP-DOWN DC-DC

STEP-UPDC-DC

LDO

POWER RAILS

BRAKES

STEERING

ALERTS

V/I PROTECTION

DISPLAY SERIALIZER

HV STEP-DOWNDC-DC

BATTERY

CAMERA ECU (x4)

COLLISION AVOIDANCE RADAR ECU (x2)

PARKING ASSIST/BLINDSPOT ECU (x4)

VIDEO

IMAGE CAPTURE

VIDEO SoC

LDOSTEP-DOWN

DC-DCCAMERA

SERIALIZER

LDOSTEP-DOWN

DC-DCSUPERVISOR

SoC CAN

ADC

RADARFRONT END

ICOSCILLATOR

ULTRASONIC MODULE

CAN

LDOSTEP-DOWN

DC-DC

…

… Maxim Power Management IC Opportunity

Other Maxim IC Opportunity

Integration Delivers Power Performance for ADAS

17

MAX20006

~4x Power Density▪ 15W to 30W▪ 50% smaller footprint

Lowest Standby Power

3rd Generation PMIC 4th Generation PMIC

Advanced Process Enables Next Generation Auto PMICs

18

450nm Design Rule 90nm Design Rule

Smaller FootprintLower Power Loss

Safety and Quality with Volume Production Experience

19


~2 Billion High Volume Automotive IC Shipments

from 2010

70% Improvement inDefect Rate

0

1000

2000

3000

4000

5000

6000

7000

0.0

0.5

1.0

1.5

2.0

2010 2011 2012 2013 2014 2015 2016 2017 2018F

Axis Title

Cumulative Automotive Units Shipped Since 2010

Defect Rate Trend

Shipped Units [B]

Parts Per Billion Defect Level

Parts Per Million Defect Level

Defect Rate [ppb]

Maxim Content Opportunity in Premium Car

20

CY2017 CY2022F

Infotainment & Body Electronics

$50 – $70 $80 – $100

ADAS $15 – $30 $40 – $60

Maxim’s Content Opportunity in a Premium Car

$65 – $100 $120 – $160


Battery Pack Capacity

Maxim’s BMS Content Opportunity

Full Hybrid 1 – 2 kWh $10 – $20

Plug-in Hybrid 3 – 10 kWh $20 – $30

Battery Electric (Car) 40 – 100 kWh $30 – $50

Battery Electric (Bus) 150+ kWh $80 – $120

Maxim’s BMS Content in an EV Car

$10 – $120

+

Key Takeaways

21

EV Units to Triple, ADAS ECUs to Double in Next 5 Years 1

Serial Link Enables High-Speed Data & Video for ADAS 3

Integrated Power Management Drives Higher Performance, Safety and Reliability 4

BMS Design Wins Position Maxim in EV Inflection2

Empowering Design Innovation

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