Overview Key strengths Key risks Strong position in consolidated radio frequency (RF) chip market Significant customer and end-market concentration with Apple Inc. representing about 50% of revenues and mobile representing about 70% 5G will drive revenue growth and diversity for several years to come Short product lifecycles in mobile that create the opportunity for market share to shift Good track record of operating performance with high EBITDA margins Conservative balance sheet management following a large acquisition and commitment to maintaining an investment-grade rating Pro forma for the acquisition of Silicon Labs? infrastructure and automotive business (SLAB I&A), Apple represents roughly 50% of revenues, extremely high for an investment-grade company. However, we believe several factors help mitigate this risk. Apple is
