Exhibit 99.7
Header of all slides
[Logo] Microsemi
more than solutions - enabling possibilities
Analyst Day | 11/7/2001 |
http://www.microsemi.com
Slide 1
Microsemi LED Opportunity
Managing Light
Steve Litchfield, Business Development, Director
Paul Pickle, Product Marketing Manager, DC-DC Products
Slide 2
MSCC LED Opportunity
. Blue/White LED Market Opportunity
- 24% CAGR for the InGaN market through 2005
- Emergence of Blue/White applications in mobile devices growing rapidly
. Why Microsemi chose LED market? Market need! NEGLECTED end-users
- No system solutions, lack of unique drive techniques, packaging/heat
issues
- Epoxy degradation, reliability problems, discoloration, inconsistency,
etc.
Revenue ($ Millions)
2000 2001 2002 2003 2004 2005 CAGR
- -----------------------------------------------------------------------------------------
Illumination 40 56 87 134 201 291
Automotive 282 338 385 440 485 558
Signs 392 597 784 990 1130 1185
Backlight 324 416 554 707 885 1041
Signals 34 42 55 74 82 95
Electronic Equip 148 179 218 247 280 293
Total 1220 1628 2083 2592 3063 3463
2000 2001 2002 2003 2004 2005 CAGR
- -----------------------------------------------------------------------------------------
InGaN 739 974 1272 1599 1911 2192 24.30%
InGaN by Segment 2000 2001 2002 2003 2004 2005 CAGR
- -----------------------------------------------------------------------------------------
Illumination 25 37 59 98 148 217 53.90%
Automotive 110 123 131 138 143 159 7.70%
Signs 193 287 383 481 529 550 23.30%
Backlight 292 378 511 662 840 1001 27.90%
Signals 28 34 44 56 60 66 19.10%
Electronic Equip 92 115 143 165 190 199 16.80%
Units 1327 1884 2657 3645 4820 6257 36.40%
Total 740 974 1271 1600 1910 2192 24.30%
Illumination
Units(M) 37 58 99 179 292 466
ASP($) 0.68 0.64 0.61 0.55 0.51 0.47
ASP decline rate -5.9% -4.7% -9.8 -7.3% -7.8%
Revenue($M) 25 37 59 98 148 217
Revenue growth rate 48.0% 59.5% 66.1% 51.0% 46.6%
Auto Interior
Units(M) 269 331 387 447 515 639
ASP($) 0.48 0.43 0.38 0.34 0.29 0.26
ASP decline rate -10.4% -11.6% -10.5% -14.7% -10.3%
Revenue($M) 110 123 131 138 143 159
Revenue growth rate 11.8% 6.5% 5.3% 3.6% 11.2%
Full Color Signs
Units(M) 322 532 806 1150 1490 1821
ASP($) 0.6 0.54 0.48 0.42 0.36 0.3
ASP decline rate -10.0% -11.1% -12.5% -14.3% -16.7%
Revenue($M) 193 287 383 481 529 550
Revenue growth rate 48.7% 33.4% 25.6% 10.0% 4.0%
Backlight
Units(M) 470 647 920 1278 1752 2367
ASP($) 0.66 0.61 0.56 0.5 0.44 0.37
ASP decline rate -7.6% -8.2% 10.7% -12.0% -15.9%
Revenue($M) 292 378 511 662 840 1001
Revenue growth rate 29.5% 35.2% 29.5% 26.9% 19.2%
Traffic Signals
Units(M) 46 62 86 119 140 167
ASP($) 0.6 0.55 0.51 0.47 0.43 0.4
ASP decline rate -8.3% -7.3% -7.8% -8.5% -7.0%
Revenue($M) 28 34 44 56 60 66
Revenue growth rate 21.4% 29.4% 27.3% 7.1% 10.0%
Electronic Equipment
Units(M) 184 255 358 471 632 796
ASP($) 0.5 0.45 0.4 0.35 0.3 0.25
ASP decline rate -10.0% -11.1% -12.5% -14.3% -16.7%
Revenue($M) 92 115 143 165 190 199
Revenue growth rate 25.0% 24.3% 15.4% 15.2% 4.7%
Total Units 858
Total Revenue($M)
Slide 3
InGaN Market
. TAM: $450mm `01
. Market Share
. Growth 24% CAGR
- Backlight 28%
- Luminescence 54%
HB LED Lamp Revenue Share % Blue/ HB LED Die Mfg Total/mo Total blue/ Total blue/
Revenue by ($M) Green Volume (top4) (M) green/mo green/yr
Supplier
- ------------------- ------- ----- ------- -------------- -------- ----------- -----------
Nichia 269 22% 80% Nichia 70 80% 840
Toyoda Gosei 166 14% 70% Toyoda Gosei 60 70% 720
Citizen Electronics 106 9% 80% Cree 60 100% 720
Stanley Electric 75 6% 40% Osram 25 100% 300
Matsushita Electric 43 4% 50%
Toshiba 34 3% 30%
Sharp 12 1% 30%
Agilent/Lumileds 177 15% 10%
AXT 5 0% 80%
Osram 179 15% 80%
Taiwan(3Co.) 137 11% 30%
Other 17 1% 30%
[color graphic of LED Lamp Revenue by Region]
Japan 705 59%
Europe 179 15%
US 182 15%
Slide 4
Microsemi's LED Market
1 Mobile applications (TAM: $500 mm `02)
- PDAs, Cell phones, Internet appliances
- Convergence in industry of PDA and phones
2 Automotive applications (TAM: $131 mm `02)
- Auto PC, backlighting, displays, map lights, etc
3 Luminescence (TAM: $59 mm `02)
InGaN by Segment 2000 2001 2002 2003 2004 2005 CAGR
- --------------------------------------------------------------------------------------------------
Backlight 292 378 511 662 840 1001 27.90%
Automotive 110 123 131 138 143 159 7.70%
Illumination 25 37 59 98 148 217 53.90%
Signs 193 287 383 481 529 550 23.30%
Signals 28 34 44 56 60 66 19.10%
Electronic Equip 92 115 143 165 190 199 16.80%
Units 1327 1884 2657 3645 4820 6257 36.40%
Total 338 473 629 800 927 1032 24.30%
Slide 5
What sets us apart?
. Experience Driving Light
- History
-- Patented digital dimming for CCFL solutions
-- Solved temperature problems for automotive customers
-- Solved power efficiency problems for mobile customers on battery life
- Dominant products on CCFL
-- 50% more efficient than comparable technologies
-- Reduce component count by half
- Total engineered system level solution
-- No one in the market understands the system
-- Maximized expertise is power management, packaging, and drive
architecture
. Packaging Expertise
- Biggest problem today in LEDs is HEAT
-- We have packaging technology to get heat out of the package
-- Competition doesn't understand this, and disconnected- who's job is it?
-- Discrete devices that we have decades of experience with dealing heat
dissipation
[picture of three Optomites for Large Area LEDs]
[picture of discrete component]
[picture of four electronic components]
Slide 6
CCFL vs. LED System Cost
Lamp - $2.00 LED- $8.00
- 70nits (3"screen) - 70nits (8 LEDs)
- 550 mW - 8 LEDs (650mW)
. Driver- $5.00 . Driver- $1.25
. Light pipe- $1.00 . Light pipe + diffuser- $1.25
. Display- . Display-Possible reduction
Constraints Additional Gains- $ X
Noise Form factor
Fragile Ruggedness
Power consumption Power consumption
TOTAL- $7 + TOTAL- $10.50 +
Slide 7
CCFL vs. LED
CCFL LED
. Pro . Pro
- Good light distribution - Point source light
- High brightness - Low Voltage
- Long Life - Simple to drive
- Mature technology - Rugged
- Theoretically efficient
. Cons . Cons
- High Voltage - Power efficiency
- Complex Drive - Point source light
- Fragile - Lifetime
- High drive cost - White @ 4.0V (Li-Ion=3.6V)
- EMI - Temperature sensitive
Conclusion: CCFLs and LEDs still serve different markets with different needs
for different applications at different price points
Slide 8
Advantages of Approach
. Inexpensive Silicon Substrate: Silicon starting substrates are less
expensive than SiC or sapphire. They allow larger wafer diameters.
. Larger chips/Less defect densities: Our device technology is built on
silicon, we can make larger chips with less defects
. Eliminates Epoxy Issues: Eliminates epoxy packaging with a hermetic wafer
scale LED
. Improved Thermal Resistance: Thermal resistance in the MMSM is near zero
(Handles 10 watts of RF incident power today) enabling the ability to drive
LEDs at much higher power.
. Better Parasitic resistance: Improved to under 0.2pF coupled together with
Nitronex advanced EPI growth know-how can deliver LED VF 3.2Volts!
Slide 9
MSCC Approach
1 Optomite
. Current product- Time to market is fast
. Superior thermal efficiency- Addresses current need
- 100C/Watt vs. 380C/W and 700C/W
. Improve epoxy degradation
. Chip agnostic- Initially using Cree MB
2 MMSM
. Ultimate device
. GaN on Si - 4"wafers gives economies of scale
. Eliminate epoxy degradation
. Flip chip, hermetic, lower Vf, thermal dissipation high
3 Integrated, PM3, and High Power
Slide 10
Highlight product, Optomite
. Chip agnostic- initially Cree MB
. Thermal efficiency 7x improvement over competition
. Quick market entry
. Blue product available 11/01
. White product available 1/02
- Working under NDA with key phosphor/epoxy suppliers
. Performance/Cost competitive
Anti UV performance
Epoxy resin
Transmittance 100 xo
(%/1mmt/400nm) o
o
90 x o o o o o
x
80 x
x
70 x
60
50
----------------------------------
0 1000 2000 3000 4000
time(hrs)
[picture of three Optomites for Large Area LEDs]
Slide 11
Current Concerns with LEDs
Problem Root Cause Solution
- ----------------------- ----------------------- ----------------------
Epoxy discolor UV degradation Glass instead of epoxy
Wire bond lift Power cycling Eliminate wire bond
High thermal resist Device structure Flip chip
Electrostatic Discharge Small junction Increase junction size
Color consistency Poor Epi quality SIGANtic
Cost Poor Yields Silicon
Forward Voltage Device structure New device structure
Color chromaticity Blue LED w/ YAG phosphor RGB phosphor
Slide 12
Highlight product, MMSM
THE Ultimate Device!
1. GaN on Si - Economies of scale
2. Flip chip- Thermal dissipation
3. Hermetic package- reliable
4. Chip scale packaging
5. Eliminate epoxy degrade
6. Eliminate wire bond issue
7. Forward voltage reduction
8. UV with RGB produces high quality color capability
[picture of discrete components]
Slide 13
Future: Powermite 3, and...
. Powermite 3 package potential to be the ideal for high power, thermal
efficient package for luminescence
. Integrated drivers on our GaN on Si LEDs
. New packaging for new high power, large chips for lighting
applications........
[graphic of die] Tab, Die, Lead Frame, Wire, Lead, Lead
Notes: Die sizes
Max = .110 Square
Min = .035 Square
[picture of discrete component]
[picture of light bulb]
[graphic of Traditional 5mm Package] Cathode, Reflector, LED, Gold Wire, Epoxy
Dome, Anode
[graphic of Luxeon Package] Aluminum or Copper Slug, Opto-coupling Silicon Gel,
Plasti, LED Chip, Body, Cathode
Slide 14
What Is An LED?
. Voltage applied across device allows electrons to move across the junction
between the n and p regions.
. Once in the p region the electrons are immediately attracted to the
positive charges due to the mutual Coulomb forces.
. When an electron moves sufficiently close to a positive charge in the p
region, the two charges "re-combine".
. Recombination converts potential energy to Quantum electromagnetic energy
(Photon) with a specific frequency.
[graphic of LED Semiconductor Chip] Semiconductor, Lens, Leads
[graphic of p and n regions] p, n, junction
Slide 15
How To Drive An LED
. Drive Voltage Must Exceed Or Equal LED V\\F\\ (Forward Voltage)
. Drive Currents (IAVG) Must Not Exceed Rating
. LEDs Require a Current Source (What does that mean?)
. Blue/White LEDs Have A VF = 4.0V
[schematic] Rc, V greater than or equal to VF, 1LED = V - VF Rc
Slide 16
Parallel Drive
. Fixed Output Voltage
(Excess Power Dissipated in RLim)
RLim - VOut - VF
---------
1F(MAX)
[schematic] Lilon, Boost Converter, RLim, RLim, RLim, RLim
. Adjustable Output Voltage
RLim = VREF
-------
1F(MAX)
[schematic] Lilon, Boost Converter, VREF, RLim, RLim, RLim, RLim
* more than and equal to
Slide 17
Series Drive
. Adjustable Output Voltage
RLim = VREF
---------
1F(MAX)
[schematic] Lilon, Boost Converter, VREF, RLim
Slide 18
Inductor Based Boost Converter
. Uses Faraday Principle To Boost Output Voltage
. Advantages
- Capable of Large Output Voltages
- Efficient Conversion
. Disadvantages
- Component Count
- EMI/RFI
- Cost
[schematic] Battery, Inductor Based Boost, In, FB, GND
Slide 19
Charge Pump/Voltage Doubler
. Uses A Capacitor To Transfer Charge
. Advantages
- Simple Implementation
- Cheap
- Few Components
. Disadvantages
- Can Have Poor Efficiency
[schematic] Battery, Charge Pump, VREF, RLoad
Slide 20
Current Sink/Regulator
. Adjusts Resistance To Maintain Set Current
. Advantages
- Simple Implementation
- Cheap
- Few Components
. Disadvantages
- Must have voltage supply already available.
[schematic] VLed, Current Sink, 5V
Slide 21
Parallel Drive Drawbacks
. Current/Light Matching Variation
- Currently white LEDs have a typical forward voltage (VF) of 3.6V and a
maximum VF of 4.0V. Low temperature operation can further raise the maximum
VF to 4.2V. Drive current variations also affect VF.
- LEDs have a linear relationship of current vs. light intensity. Given VF
variation, light intensity variations of over 40% may be experienced in a
given application.
. Efficiency Degradation
- Since a current limiting resistor is required for LED drive circuits, then
a power loss is experienced across this resistor on the order of 31mW for
series drive and 125mW for parallel drive. Series configuration offers a
25% improvement in the efficiency calculation.
Slide 22
Series Drive Drawbacks
Inductor Boost
. Cost
. Switching Noise
. More Complex Design
. Output Voltage Clamp Recommended
- If the load is disconnected for any reason, then the FB pin is rounded
causing the output voltage to climb until components fail.
Slide 23
Introducing LX1992
[schematic] On/Off, IN, SHDN, LX 1992, ADJ, GND, CS, RCS 4k Ohms, FB, SRC, DRV,
L1, 47 uH 1206 Case Size, C1 4.7 uF, R Set 15 Ohms
Vbat = 1.6V to 6.0 V
Vf = 3.6V typ.
1Led = 20mA to OmA
Slide 24
Introducing LX1990
[schematic] VIN = 5V, VDD, ENA, LX 1990, ISET, VSS, IS1, IS2, 10k
Slide 25
Soon To Come...
[schematic of White LED Driver] VIN = 1.8V TO 4.4V, 6, Charge Pump, 7, 5, 8,
550kHz OSC, thermal Shutdown, 1.25V REF,- LDO +,
1, 3, LEDn + 1, Vout = 3.6V
[schematic of DM/DU Package (Top View)] Vout, 1, SHDN, 2, FB, 3, GND, 4, C+, 5,
Vin, 6, C-, 7, CPO, 8
Slide 26
Soon To Come...
[schematic of LX199x] VDD, IS6, IS5, IS4, IS3, IS2, IS1, VSS, ISET, 10k, ENA Vin
= 5V
Slide 27
Soon To Come...
[schematic of LX199x] On/OFf, SHDN, IN, SW, OUT, FB, CS, GND, ADJ, 47mH 1206
Case Size, L1 C1 4.7uF, R3 15Ohms, Rcs 1kOhms
V Bat = 1.6V to 6.0v
Slide 28
Product Roadmap
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
01 01 01 02 02 02 02 02 02 02 02 02 02
------------------------------------------------------------------------------------
Optomite Color
- ------------------------- ----
PBLED-470-HB, Blue **Development- Samples - Production -
UB, MB /\Data Sheets
UPWLED-470-HB, White - Development - Samples - Production -
UB, MB /\Data Sheets
UPWLED-405-MB White Development - Samples - Production -
/\Data Sheets
MMSM
- --------------------------------
MBLED-470-1 Blue **Development- Samples - Production -
/\Data Sheets
MBLED-470-1 White - Development - Samples - Production -
/\Data Sheets
MMWLED-405-1 White ** Development - Samples - Production -
/\Data Sheets
Powermite3
- --------------------------------
UP3WLED-405-MB White - Development - Samples Production -
/\Data Sheets
MMWLED-405-1 White - Development - Samples Production -
/\ Data Sheets
Integrated/Packaged
- --------------------------------
LX19xxxx Blue - Development - Samples Production -
/\Data Sheets
MMWLED-405-PM White - Development - Samples -
/\ Data Sheets