Silicon Image HD Connectivity That Just Works

Transcription

1 Needham January 2014 Silicon Image HD Connectivity That Just Works

2 Safe Harbor Except for historical information contained herein, this presentation contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements include statements regarding our current and future products, our product development activities, customer and market demand, target markets, the anticipated benefits of our products, expected financial results, expansion plans, our growth strategies and anticipated growth drivers, our standardization efforts, evolution and growth in the adoption of standards, and our expected penetration of our target markets. In addition, we may also make other forward-looking statements regarding events that could potentially impact the future of the company and its financial results. These forward-looking statements involve risks and uncertainties, including those described in the most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed by Silicon Image with the SEC, that could cause our actual results to differ materially from those anticipated by the forward-looking statements contained in this presentation. Silicon Image assumes no obligation to update these statements. 2

3 A GOOD YEAR FINANCIALS 2013 Fabless semiconductor & provider Intellectual Property NASDAQ SIMG Standards Champions DVI, HDMI & MHL 2013 REVENUE $276M* * Reflects Q4 and 2013 full year guidance, not actuals Stock returned 39.4% Jan 4, 2013 open - Dec 31, 2013 close FOUNDED 1995 Headquarters Sunnyvale, USA R&D locations in Sunnyvale, Shanghai, and Hyderabad ~640 EMPLOYEES Revenue CAGR 15% 539 ISSUED PATENTS 3

4 CHANCES ARE YOU ALREADY OWN OUR TECHNOLOGY CE Over 400 Million Units by 2015 MOBILE Over 1.3 Billion Units by 2015 PC Over 500 Million Units by 2015 ABI, IDC, Gartner, SIMG, MHL LLC 4

5 Global Customer Base 5

6 Champion of Open Standards

7 Our Approach to Standards is non-standard 7

8 HDMI Diffusion Rate % Adoption 100% HDMI on Digital Televisions WiFi on Notebooks 80% Cameras on Mobile Phones US homes with DVD players Bluetooth on Mobile Phones 60% 40% 20% 0% InStat, IDC, SIMG YEAR 8

9 Thousands Rapid MHL Adoption 2,000,000 MHL Installed Base 1,500,000 1,000, Mu MHL Devices as of Q , Years since launch Data: SIMG 9

10 Revenue

11 Two Revenue Streams Products Stand alone Integrated Circuits (ICs) Intellectual Property IP cores incorporated into larger System-on-Chip (SoC), Adopter fees and Royalties 80% - 85% 15% - 20% 11

12 Wired Products

13 HDMI - Defacto HD Connectivity Standard Celebrating 10 years as the de-facto standard for HD connectivity Over 1,300 adopters and an installed base of over 3 Billion HDMI -enabled products Version 2.0 of the HDMI Specification released on September 4, 2013 HDMI 2.0 offers a significant increase in bandwidth to support new features such as 4K resolution, enhanced audio and more 13

14 4K UHD TVs Expected to Drive HDMI

15 Movie Labs Recommended Best Practices Higher speed HDMI for 4K Ultra HD as well as enhanced content protection (HDCP 2.2) expected to drive renewed business in DTV Motion Picture Laboratories, Inc. ("MovieLabs") is a non-profit 501(c)(6) research and development joint venture started by the six major motion picture studios. MovieLabs provides universities, corporations, startups and network service operators with technical guidance and funding to further explore innovative technologies in the distribution and use of motion pictures as consumer media. The founding members of MovieLabs are Paramount Pictures Corporation, Sony Pictures Entertainment Inc., Twentieth Century Fox Film Corporation, Universal City Studios LLLP, Walt Disney Pictures and Television, and Warner Bros. Entertainment, Inc. MovieLabs is funded by a multi-year commitment from its members. ( 15

16 Silicon Image 4K Ultra HD ICs for CE 4K Scalar w/video Clean Up 300 MHz HDMI 2.0, MHL 3 Rx w/hdcp MHz HDMI 2.0 Tx, w/hdcp MHz HDMI 2.0, MHL 3 Rx w/hdcp

17 MHL - Leading Mobile HD Connectivity Standard Powered connectivity between mobile devices and HD displays An installed base of over 400 million MHL-enabled products MHL 3.0 announced on August 20, 2013 Features 4K (Ultra HD) resolution, enhanced audio, simultaneous high-speed data, touch screen support 17

18 MHL at CES

19 MHL Great Brands, Great Phones 19

20 Silicon Image & MediaTek Collaboration Mobile phones replace PC for productivity, gaming, and entertainment Silicon Image MHL IC in latest MediaTek smartphone reference platforms Enabled by 20

21 Over 40% of TVs Expected to Ship in 2014 With MHL ~28% in

22 20-25% of 2013 Monitors shipped with MHL 22

23 Mobile Device is the New Personal Computer 23

24 Mobile Device is the New Personal Computer 24

25 Your Personal Content on the Big Screen 25

26 60GHz Wireless Products

27 60GHz Solutions 2 nd Gen 3 rd Gen Cheaper, Smaller, Lower Power And we continue to work towards even smaller, more cost effective solutions 27

28 60GHz Advantage #1 No Conflict with WiFi Different channels than Wi-Fi no interference Limited room-to-room penetration Smart antennas focus energy in right direction Wi-Fi 28

29 60GHz Advantage #2 More Spectrum The wireless highway. Wi-Fi 2.4GHz 5GHz (drawn to scale) 60GHz MHz per channel MHz per channel 2,000 MHz per channel 60GHz channels 10x to 100x wider than Wi-Fi Higher data rates with less interference 29

30 Latest 60GHz WirelessHD Products Sony HMZ-T3W Head Mount Display EPSON EH Projectors DVDO Air3 Wireless Adapter Gefen Wireless Adapter 30

31 Silicon Image Summary CUSTOMER FOCUS Strategic customer partnerships Delivering marketfocused solutions ECOSYSTEM Driving global standards Creating converged ecosystems INNOVATION Leading 60GHz wireless technology Strong semiconductor & IP product portfolio 31

32 HD Connectivity That Just Works