Corporate Profile

MPS: A worldwide Silicon Based Power Solution

Company

Founded: 1997 in Silicon Valley, IPO in 2004 (NASDAQ: MPWR)

Revenue: $471M in 2017

Employees: 1500+ Worldwide

Products: 2000+ products in Cloud Computing, Automotive, Industrial,

consumer electronics ….

Corporate Profile

Chengdu, China Manufacturing Facility

Quality/Reliability Facilities:

• Both San Jose and Chengdu

• Burn-In Room: 3000 Sq. Ft.

• Two State-of-the-Art Failure Analysis Labs

Production Facilities:

• Testing: MPS Chengdu

• TS Certified Wafer Fabs:

o SMIC 90nM, 8”

o HHNEC .18uM 8”

o ASMC .35uM 8”

o MagnaChip 90nM, 8”

Clean Room

Worldwide Presence

Outstanding Organic Revenue Growth ($M)

$197 $214

$238

$283

$333

$389

$471

2011 2012 2013 2014 2015 2016 2017 2018

* Wall Street analysts average revenue

ST

RE

ET

ES

TIM

AT

ES

$562*

2017: MPS 21.2% vs. Analog 10.9%

MPS 3 Yr CAGR 18.6%

5

Growth Phase

Analog Foundry Partners

• 8” fab, located in Shanghai, China

• Capable of 0.25µm and qualified capacity: 15000 W/M

• 8” fab, located in Tianjin, China

• Capable of 0.09µm and qualified capacity: 15000 W/M

• 8” fab, located in Shanghai, China

• Capable of 0.11µm and qualified capacity: 8000 W/M

• 8” fab, located in Cheongju, Korea

• Capable of 0.09µm and qualified capacity: 15000 W/M

Partners with Leading Assembly Houses

One of the Largest Assemblers in China

No. 1 Assembler Worldwide

Top 10 Assembler Worldwide

No. 4 Assembler Worldwide

Q4 2017 Balance Sheet Metrics

Total Metric

Cash $304M $6.89 $/share

Inventory $99.3M 155 Days

Debt $ - - $/share

8

Field Failure Rate Far Below Industry Average

< 1.2ppm [EOS Incl.] with 2.5 Billion Parts shipped in 12 months Reliability Failure Rate < 10 FIT

DPPM= FA returned Qty / shipment Qty.

Feb-17 Mar-17 Apr-17May-17

Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Shipment 238 296 246 265 323 296 339 322 359 338 267 422

PPM 0.78 0.76 0.79 0.81 0.80 0.76 0.76 0.76 0.77 0.75 0.88 0.81

0

60

120

180

240

300

360

420

480

0.00

1.00

2.00

3.00

4.00

5.00

6.00

12 Months Rolling PPM and Shipment Record

PPM Million

Ou

tpu

t C

urr

en

t

10A

20A

40A

80A

60A

6V 16V 22V 36V 100V 200V 500V

BCD5

BCD5H

BCD5SOIBCD5HV

Input Supply Voltage

Server/

Desktop Notebook

Automotive/

motion control Ultrasound AC/DC

1000V

Monolithic Single Chip Solution up to 1000V

5th Generation

• Highest level of

analog/power

integration with

digital and memory

• Fabless proprietary process technology

• Using most advanced fab equipment for analog power

Typical Package Cross Section

Wire Bond Mesh Connect™ (No Wire Bond)

High Reliability, Small Form Factor, Better Heat Design,

No Inductance, and Faster Response

Product Families

• High-Voltage Buck Regulator

• High-Voltage LDO

• Flyback Controller

• Flyback Synchronous Rectifier

• Active PFC Controller

• LLC Resonant Converter Controller

• LLC Synchronous Rectifier

• PFC&LLC Combo Controller

• X Cap Bleeder

AC/DC Power Conversion

• Step-Up (Boost)

• Step-Down (Buck)

• Buck/Boost

• CPU Core Power

o 50A DrMOS in a 5x5mm QFN

DC/DC Power Conversion

• Li-Ion Single and Multi-Cell

• USB Complaint Chargers

• Switching Chargers

• Linear Chargers

• Integrated Power Bank Solutions

Battery Management

• Analog Input Class-D Amplifiers

• PWM Input Power Stages

Class-D Audio

• Backlight Drivers

• Electro-Luminescent Drivers

• Photo Flash Drivers

• LCD Power Supplies

Display Backlighting Power E-Fuse, USB & Load Switches

• AEC-Q100

o DC/DC

o LED Lighting

o Power Modules

o Motor Drivers

o USB Charging

o Display Backlighting

o Precision Analog

Automotive & Industrial

• TRIAC Dimmable AC/DC LED

Controller

• PWM and Analog Dimmable AC/DC

LED Controller

• DC/DC LED Controller: Buck, Boost, &

Buck-Boost

• LED Protection IC

LED Lighting & Illumination

• CPU Core Power

• High current DrMOS

o 60A DrMOS in a 4x5mm QFN

• POL

Computing Power

• 6V, 600mA- 4A

• 16V, 600mA – 60A

• 21V, 600mA – 2A

• 36V, 600mA – 5A

• 55V, 1A – 3A

• 75V, 300mA

Power Modules

• Brushless DC Motor Driver

• Stepper Motor Driver

• Brushed DC Motor/Solenoid

Driver

• Half-bridge/Full-bridge/Three-phase

Power Stages

• Magnetic Angular Position Sensors

Motor Drivers & Position Sensors

• Analog Switches

• Current Sense Amplifiers

• Operational Amplifiers

• Voltage Reference

Precision Analog

• Programmable Current Limit

up to 50A per Device

• Adjustable Slew Rate

• Reverse Current Blocking

• Output Discharge (Load Switch)

• Integrated Auto Detection

• Pin Compatible

• Parallel able up to 10 Devices

• PMBus Command and Control

Key Automotive Electronic Applications

Infotainment & Telematics

Heads-up Display (HUD)

eCall

Head Unit

Audio

USB Charging

Body Electronics

HVAC blower/damper

Door

Side mirrors – lights and retracting

Seat, door, window control

Lighting

High/Low Beam

Daytime Running

Fog Light

Turning Light

Interior Light

ADAS

Rear / Front Camera

Surround View

Radar/LIDAR

Ultrasonic

13

The Semiconductor Value in a Vehicle

$30

$115

>6B SAM

End Customers

MPS Customers and Deeply Engaged Auto Suppliers

14

BMS- Battery Management Systems

MPS

Solution

15

48V Battery Pack

Battery

Management

System

(BMS) IC

+ -

15KW Pack

5G tower

MPS Solutions

Smart Grids

EV

mCar

e.Motion Opportunities $2B+ SAM

$6-$30?

Drones

4 to 7 Motors

3 to 7 Sensors

>$40

Industrial Robot

>10 Motors &

Sensors

78 Motors

180 Sensors

>$20K

Surgical Robot

>1 Motors &

Sensors

>$3

Security Camera

>1 Motors

>2 Sensors

>$5

Elevator

>$30

Car

>10 Motors

>20 Sensors

>$5

Conveyor Belt

>1 Motor & Sensor

>$20

Robots

>10 Motors &

Sensors

>$10

Sewing Machine

>2 to 8 Motors &

Sensors

>$6

Printers

3 to 15 Motors

3 to 7 Sensors

16

Connected Devices = High Computing Demand

Tablets

Connected Devices Switch/Router

NotebooksSmart TV’s Medical Devices

Smart Phones

Cloud

Servers

Servers

17

MPS AC/DC Product Solutions

LED Street Lighting

Gaming Consoles Industrial

PC PowerAppliances

Quick Chargers and USB3

Server Power

Smart TVs

ACDC$3B market opportunity

18

Instant Power Solutions through eCommerce

BCD 5 Technology

Interactive Web based

design

User input

• Digital

• Memory

• Power

• Analog

MPS AI Algorithm

Performance

verification

19

Delivered in Days

eCommerce website

Custom parts Auto Programming

Q&A

20