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

Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

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Page 1: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Tech Forum at the 2018 International CES

January 9, 2018

Liam K. Griffin President and Chief Executive Officer

Page 2: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

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. 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 http://www.sec.gov.

This presentation contains certain non-GAAP financial measures that Skyworks believes are useful in evaluating our

operating performance. See our earnings releases on http://investors.skyworksinc.com for a reconciliation to GAAP of

these non-GAAP measures.

Third-party trademarks and logos are the property of their respective owners.

Page 3: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

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

Page 4: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2016 2017 2018 2019 2020 2021

Global Data Traffic PetaBytes /Month

Source: Ericsson Mobility Report, BofA Merrill Lynch Global Research

Insatiable Data Demand

44% CAGR

Page 5: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Driven by New Usage Cases

Connected Cars Emerging Applications

Mobile Payments

Unlimited Data Plans

Live Video on Mobile

Social VR Coming Next

Mobile Internet Users

3.5B

4.6B

2016 2021

Page 6: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Connecting Everyone and Everything,

All the Time

Our Vision

Page 7: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Powering the Connected Economy

Page 8: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Top 5 S&P 500 Companies $2T+ of Incremental Shareholder Wealth

At 1/4/18

$551

$230 $224

$114 $65

$880

$758

$672

$583 $536

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

TOTAL

Market Value ($B)

2012 | 2018 2012 | 2018 2012 | 2018 2012 | 2018 2012 | 2018

2 1 3 4 5

Page 9: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Our Unique and Differentiated Model

SkyBlueTM Power Mgt

Amplifiers / Switch

High Performance Filters

Antenna Tuning

Custom MIMO

Precision GPS

Diversity / Receive Systems

Integrated Solutions

Leading Technologies

2,000 Customers

2,600 Patents

2,500 Analog Components

Worldwide Manufacturing Footprint

10M MCMs / Day

Global Scale

SOI CMOS SiGe

TC-SAW GaAs GaN

IP, Scale, Customization, Customer Breadth and Depth

Page 10: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Huawei Mate 10 Pro

SkyOne® Powers Huawei’s Flagship Platforms

SkyOne® Ultra 2.5 HB PAMiD

SkyBlueTM DC/DC Converter

QB GSM/EDGE PA

5G WLAN Switch/LNA

2G WLAN Switch/LNA

SkyOne® Ultra 2.5 MB PAMiD

SkyOne® Ultra 2.5 LB PAMiD

$10+ Content

Page 11: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Expanding Global Reach

X7 / X7 Plus

R11 / R11 Plus

Mi Mix 2

X20 / X20 Plus

SkyOne®

Ultra LB ET PAMiD

MMPA SkyLiTE™ MMPA

GPS LNA HB PA HB PA

Page 12: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Increasing Diversification New Customers, Additional Verticals, More Applications

Google Home Virtual Assistant

Netgear Arlo Pro HD Security Camera

Sonos One Connected Audio

Hyundai Automotive Telematics

Nintendo Switch Hybrid Gaming Console

DJI Spark Leading Drone Supplier

WallyHome Sensors Home Automation

TempAlert Pharmacy and Hospital Monitoring

Nest Thermostat Targeting Low Cost Segment

Page 13: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

High Efficiency Street Lighting

IoT Opportunities Continue to Proliferate Smart Cities Going Mainstream

Dual Mode ZigBee® Front-end Module for Industrial Applications

Page 14: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Massive MIMO

Leveraging >$65 Content

High Capacity Infrastructure Opportunity

Page 15: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Strong and Consistent Financial Performance Targeting Return of 50% of Free Cash Flow to Shareholders

$1.57

$1.79

$2.29

$3.26 $3.29

$3.65

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Revenue ($B)

$1.91 $2.20

$3.24

$5.27 $5.57

$6.45

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Earnings Per Share*

*Non-GAAP – Adjusted for Certain Items. See http://investors.skyworksinc.com for a Reconciliation to GAAP

$285

$500

$772

$993

$1,096

$1,471

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

Operating Cash Flow ($M)

18% CAGR 28% CAGR 39% CAGR

Page 16: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

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

Page 17: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

A Crowded Radio Spectrum Today

28 GHZ

Radio Wave Spectrum Infrared Ultraviolet Visible Light

300 MHZ

300 GHZ

700 MHZ

3 GHZ

P

6 GHZ

X-Rays

2G/3G/4G

39 GHZ

Page 18: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

5G is a Game Changer

Latency (Ms)

12

10

8

6

4

2

0

Speed (Gbps) High Data Throughput

10 to 100x 4G Speeds

Greatly Expands Network Capacity

Extremely Low Latency

Enhanced Spectrum Efficiency

1.20

1.00

0.80

0.60

0.40

0.20

0.00 2G 3G 3.5G 4G 5G

Page 19: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

3 Seconds

3G 4G

500 Minutes 5 Minutes

Full Download of HD Movie

5G Facilitates Instantaneous Mobile Video

Page 20: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Power Amplifiers

Filters

Switches

Filters: 40

Bands: 15

Tx/Rx Filters: 30

Switch Throws: 10

CA Combos: 5

Peak Rate 150Mbps

2x2 MIMO DL

Filters: 70

Bands: 30

Tx/Rx Filters: 75

Switch Throws: 30

CA Combos: 200

Peak Rate > 1Gbps

4x4 MIMO DL and UL

4G 3G

Cellular Comms

Power Amplifiers

Data and the

‘App’ Revolution

2G

Faster Data Rates

$1 $3 $13 $25

Expanding Content Growth and Reach A Step Function Increase in Performance

Page 21: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Enhanced Mobile Broadband

Massive M2M Connectivity

Artificial Intelligence Autonomous Driving

Supply Chain Logistics

Entertainment Broadband to Home

Manufacturing

Mobile Office

Emergency Services

Healthcare Drones

Smart Cities

Smart Agriculture

Virtual Reality

5G Enables Transformative Applications

Page 22: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Breakthrough Performance, Footprint and Power Efficiency

Unprecedented Suite of Highly Flexible and Customizable System Solutions

Unifying Platform Enabling 5G Applications

Mission Critical Services

Enhanced Mobile Broadband Internet of Things

Industrial Automation

Page 23: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

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

Page 24: Tech Forum at the 2018 International CESsige.com/downloads/investors/JPM_IR_Presentation.pdf · Amplifiers / Switch High Performance Filters Antenna Tuning Custom MIMO Precision GPS

Generating Superior Financial Returns

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

Well Positioned for 5G with