Ikon Semiconductor
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Ikon Semiconductor is a fabless semiconductor company focused on developing LED driver electronics to serve the growing LED lighting market. They aim to simplify the complex design process and improve reliability by creating smaller, less bulky components. The company was founded by an experienced management team and has proprietary technology to address the large market opportunity in LED replacements as legislation drives the transition away from incandescent lighting globally.
Ikon Semiconductor
- 2. Company Introduction Fabless Semiconductor. Market = LED Lighting Market. Green Tech Focus Product = LED Driver Electronics Ikon Semiconductor Ltd Confidential
- 3. The Team Conor McAuliffe - CEO 22 years in Semiconductor industry Technical Co-founder Advisory Board Paul Grogan - CTO 14 years in Semiconductor industry Ikon Semiconductor Ltd Confidential
- 4. The Problem Many bulky components. Complex design process. Physically large. Poor reliability. Ikon Semiconductor Ltd Confidential
- 5. The Product Ikon Semiconductor Ltd Confidential
- 6. Business Model and Customers Fabless Semiconductor LED Lighting Manufacturers LED Driver Module Manufacturers Ikon Semiconductor Ltd Confidential
- 7. LED Lighting Market Ikon Semiconductor Ltd Confidential
- 8. Key Market Drivers Legislation and Regulations: Many governments have taken the initiative to ban incandescent lighting. Beginning in 2010, the EU will ban filament light bulbs across all 27 member states. Energy Efficiency: Solid-state lighting is extremely efficient compared with incandescent lamps, and with improved efficiencies of new generations of LEDs, energy efficiency is likely to continue to be a significant driver in the future. Green Consciousness: The effects of global warming are taking priority in policymaking circles. The world has accepted that the carbon footprint of the economic activity has to be reduced. Price of Electricity: Lighting is a major user of electricity, and the cost of electricity can affect purchasing decisions. Ikon Semiconductor Ltd Confidential
- 9. Death of the Incandescent Legislation Driven Ikon Semiconductor Ltd Confidential
- 10. LED Replacement/Retrofit Ikon Semiconductor Ltd Confidential
- 11. LED Replacement/Retrofit Ikon Semiconductor Ltd Confidential
- 12. Market Opportunity 2010 ~ 30 Million units 2013 ~ 430 Million units Source: Strategies Unlimited LED Bulb Replacements (Millions of Units) 500 450 429 400 350 300 250 220 200 150 100 81 50 29 0 2010 2011 2012 2013 Ikon Semi 1st product available here Ikon Semiconductor Ltd Confidential
- 13. Competition Ikon Semiconductor Ltd Confidential
- 14. Summary “Green-Tech” fabless semiconductor company. Silicon for LED low-energy lighting market. Large global market. Proprietary protectable technology. Experienced team. Ikon Semiconductor Ltd Confidential