Tech Forum at the 2018 International CES

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Dana Dennis
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1 Tech Forum at the 2018 International CES Liam K. Griffin President and Chief Executive Officer January 9, 2018

2 Safe Harbor Statement Please note that our presentation today will include forward-looking statements as defined in the Private Securities Litigation Reform Act of These forward-looking statements include projections and information relating to future events and expectations of Skyworks. We caution you that actual results may differ materially and adversely from those projected in the forward-looking statements as a result of certain risks and uncertainties, including, but not limited to those noted in our most recent earnings press release and those detailed from time to time in our most recent Form 10-K and Form 10-Q filings, which you may obtain for free at the SEC s website at This presentation contains certain non-gaap financial measures that Skyworks believes are useful in evaluating our operating performance. See our earnings releases on for a reconciliation to GAAP of these non-gaap measures. Third-party trademarks and logos are the property of their respective owners.

3 Industry Landscape Vibrant and Highly Profitable Mobile and IoT Ecosystems Major Stakeholders Monetizing Mobile Usage Cases Changing the Way We Live, Work, Play and Educate Smartphones / IoT Devices are Critical Network Access Points Providing the Key Connection from User to Ecosystem Data Bringing Heightened Value and Utility Increasing Demand for Powerful Connectivity Engines Architectural Requirements Creating Complexity Companies Who Can Solve Challenges are Rewarded Skyworks is Well Positioned to Capitalize on Wireless Ubiquity

20,000 10,000 0 2016 2017 2018 2019 2020 2021 Source:

4 Insatiable Data Demand PetaBytes /Month 80,000 70,000 60,000 Global Data Traffic 44% CAGR 50,000 40,000 30,000 20,000 10, Source: Ericsson Mobility Report, BofA Merrill Lynch Global Research

5 Driven by New Usage Cases 3.5B 4.6B Social VR Coming Next Mobile Internet Users Live Video on Mobile Mobile Payments Emerging Applications Connected Cars Unlimited Data Plans

6 Our Vision Connecting Everyone and Everything, All the Time

7 Powering the Connected Economy

8 Top 5 S&P 500 Companies $2T+ of Incremental Shareholder Wealth Market Value ($B) $900 $880 $800 $758 $700 $672 $600 $551 $583 $536 $500 $400 $300 $230 $224 $200 $100 $114 $65 TOTAL $ At 1/4/18

Precision GPS Diversity / Receive Systems Global Scale 2,000 Customers 2,600 Patents 2,500 Analog

9 Our Unique and Differentiated Model Leading Technologies SOI CMOS SiGe TC-SAW GaAs GaN Integrated Solutions SkyBlue TM Power Mgt Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS Diversity / Receive Systems Global Scale 2,000 Customers 2,600 Patents 2,500 Analog Components Worldwide Manufacturing Footprint 10M MCMs / Day IP, Scale, Customization, Customer Breadth and Depth

10 Huawei Mate 10 Pro $10+ Content SkyOne Ultra 2.5 LB PAMiD SkyOne Ultra 2.5 MB PAMiD SkyOne Ultra 2.5 HB PAMiD SkyBlue TM DC/DC Converter QB GSM/EDGE PA 2G WLAN Switch/LNA 5G WLAN Switch/LNA SkyOne Powers Huawei s Flagship Platforms

11 Expanding Global Reach X7 / X7 Plus R11 / R11 Plus Mi Mix 2 X20 / X20 Plus MMPA SkyLiTE SkyOne MMPA HB PA GPS LNA Ultra LB ET PAMiD HB PA

12 Increasing Diversification New Customers, Additional Verticals, More Applications Google Home Virtual Assistant WallyHome Sensors Home Automation Hyundai Automotive Telematics Netgear Arlo Pro HD Security Camera TempAlert Pharmacy and Hospital Monitoring Nintendo Switch Hybrid Gaming Console Sonos One Connected Audio Nest Thermostat Targeting Low Cost Segment DJI Spark Leading Drone Supplier

13 High Efficiency Street Lighting Dual Mode ZigBee Front-end Module for Industrial Applications IoT Opportunities Continue to Proliferate Smart Cities Going Mainstream

14 Massive MIMO Leveraging >$65 Content High Capacity Infrastructure Opportunity

Strong and Consistent Financial Performance Targeting Return of 50% of Free Cash Flow to Shareholders Revenue ($B) $3.65 Earnings Per Share* $6.45 Operating Cash Flow ($M) $1,471 $3.26 $3.29 $5.27 $5.

15 Strong and Consistent Financial Performance Targeting Return of 50% of Free Cash Flow to Shareholders Revenue ($B) $3.65 Earnings Per Share* $6.45 Operating Cash Flow ($M) $1,471 $3.26 $3.29 $5.27 $5.57 $993 $1,096 $2.29 $3.24 $772 $1.79 $1.91 $2.20 $500 $1.57 $285 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY % CAGR 28% CAGR 39% CAGR *Non-GAAP Adjusted for Certain Items. See for a Reconciliation to GAAP

16 Introduces E M P O W E R I N G T H E 5 G R E V O L U T I O N

17 A Crowded Radio Spectrum Today 300 MHZ Visible Radio Wave Spectrum Infrared Ultraviolet Light 300 GHZ X-Rays 700 MHZ 3 GHZ 6 GHZ 28 GHZ 39 GHZ P 2G/3G/4G

18 5G is a Game Changer Latency (Ms) High Data Throughput Extremely Low Latency Enhanced Spectrum Efficiency 10 to 100x 4G Speeds Greatly Expands Network Capacity Speed (Gbps) G 3G 3.5G 4G 5G 0

19 5G Facilitates Instantaneous Mobile Video Full Download of HD Movie 3G 4G 500 Minutes 5 Minutes 3 Seconds

Expanding Content Growth and Reach A Step

Switch Throws: 30 CA Combos: 5 CA Combos:

20 Expanding Content Growth and Reach A Step Function Increase in Performance Cellular Comms $1 $3 $13 $25 Data and the App Revolution Faster Data Rates 2G 3G 4G Power Amplifiers Power Amplifiers Filters: 40 Filters: 70 Filters Bands: 15 Bands: 30 Switches Tx/Rx Filters: 30 Tx/Rx Filters: 75 Switch Throws: 10 Switch Throws: 30 CA Combos: 5 CA Combos: 200 Peak Rate 150Mbps Peak Rate > 1Gbps 2x2 MIMO DL 4x4 MIMO DL and UL

21 5G Enables Transformative Applications Artificial Intelligence Drones Healthcare Emergency Services Autonomous Driving Massive M2M Connectivity Smart Cities Smart Agriculture Manufacturing Supply Chain Logistics Enhanced Mobile Broadband Virtual Reality Mobile Office Broadband to Home Entertainment

Unifying Platform Enabling 5G Applications

System Solutions Breakthrough Performance,

22 Unifying Platform Enabling 5G Applications Enhanced Mobile Broadband Internet of Things Mission Critical Services Unprecedented Suite of Highly Flexible and Customizable System Solutions Breakthrough Performance, Footprint and Power Efficiency Industrial Automation

23 Introduces E M P O W E R I N G T H E 5 G R E V O L U T I O N

Integrated Systems Leveraging Performance to Drive Content

24 Investment Thesis Skyworks Capitalizing on Powerful Mobile and IoT Ecosystems We are a Global Leader in Providing Integrated Systems Leveraging Performance to Drive Content Gains Generating Superior Financial Returns Well Positioned for 5G with

Corporate Overview. Winter 2018

Corporate Overview. Winter 2018 Corporate Overview Winter 2018 Safe Harbor Statement Please note that our presentation today will include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.