Capital Deployment and M&A Highlights
Growing Share of Semiconductor System Sales & WFE
~65% of WFE Requires Fluid Delivery Subsystems & Components
3.5%
3.0%
2.5%
2.7%
Ichor's Expanding Share (1)
3.3%
~25% Increase
2.2%
2.0%
1.9%
1.5%
1.0%
0.9%
0.5%
~40% Increase
1.3%
Multiple Drivers for Increasing
Share of Industry Revenues
✓ Industry Trends
■ Increasing trend toward outsourcing
■Increasing importance of etch and
deposition
☐
Advanced devices require more fluid
delivery/content per tool
✓ Ichor Execution
■ Market share gains
■ Accretive and complementary
acquisitions
■ Expanded product offerings
■ Levered to etch and deposition
Key role in EUV ramp
0.0%
2015
2021E
Top 2 customers combined Top 3 customers combined Total Sales % of WFE
(1) Represents Ichor's sales to its top 2 and top 3 customers combined, respectively, divided by their combined new semiconductor system sales.
(2) 2015 estimated WFE of $32.4B vs. 2021 estimated WFE of $85.3B.
ichor
Proprietary
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