SMART Modular

Technologies

Corporate overview

February 2019

201902-v2
 SMART Global Holdings

SPECIALTY MEMORY SOLUTION

#1 Specialty DRAM and Flash
High margin Specialty Solutions (logistics)

SEMICONDUCTOR
PACKAGING IN BRAZIL
Independent designer and manufacturer of The largest private equity in
Memory and Battery
technology in the world.
SCSS (SPECIALTY COMPUTE AND
Newark (California – USA)
STORAGE SOLUTION)
Specialty compute and storage provider for Corporate HQ
Artificial Intelligence and Machine Learning

1988 1995 1999 2002 2004 2006 2011 2013 2017 2018
Packaging Acquired
Acquired PADIS &
IPO factory Penguin
Acquired NEC Brazil PPB IPO
IPO LBO from (Nasdaq) & expansion & Computing
Founded by memory acquired (Nasdaq)
(Nasdaq) Solectron packaging Super Clean (cloud and
Solectron modules by May/17
in Brazil Room Class HPC
division SilverLake
10 solutions)

COMPANY CONFIDENTIAL 2
 Global Presence
EAST KILBRIDE, PRAGUE, CZECH REPUBLIC GYEONGGI, KOREA
SCOTLAND Outsourced Valued-Added Advanced Packaging
European Planning Distribution Engineering and R&D
TEWKSBURY, Center and Sales Center
MA, USA NEW TAIPEI CITY,
R&D Center TAIWAN
R&D Center and Sales

NEWARK, CA, USA

Corporate HQ
Manufacturing and
New Product
Development

Fremont, CA, USA SHANGHAI, CHINA

SCSS Sales
Manufacturing and HONG KONG, CHINA
Development Sales

IRVINE, CA, USA

R&D Center and
Sales
ATIBAIA - SP, BRAZIL
Semiconductor manufacturing
IC Packaging & Test
Module, battery PENANG, MALAYSIA
manufacturing Manufacturing and
R&D Center Development

COMPANY CONFIDENTIAL 3
 17 years… a lot has changed

2002 (Brazil) 2019 (Brazil)

Products Employees Products Employees

eMCP, eMMC, LPDRAM,

Memory modules 39 DRAM memory modules approx. 680
and batteries

COMPANY CONFIDENTIAL 4
 17 years… a lot has changed

2002 (Brazil) 2019 (Brazil)

#1 IT Company in Latin America

SMART Global Holding

Market Cap. $656M (14 Feb. 2019)
Net Sales FY2018: $1.3 Billion

Products Employees Products Employees

eMCP, eMMC, LPDRAM,

Memory modules 39 DRAM memory modules approx. 680
and batteries

https://www.zacks.com/stock/chart/SGH/fundamental/market-cap
COMPANY CONFIDENTIAL 5
 SMART Brazil history & development

For more than 14 years packaging ICs in Brazil, SMART is market leader in semiconductor technology
Dec 2002 Aug 2005 Feb 2006 May 2007 Feb 2011 Mar 2014 May 2016 2017/2018
SMART Semiconduct Start of Semiconduct Expansion to two Semiconductor R&D Packaging Semiconductor
acquired or packaging memory or factory distinct factories, factory expansion Assembly & plant expansion
memory & Test plant Packaging & expansion Semiconductor (10.000m2 ). test line at Battery plant
division of NEC construction Test Mass (7.200 m2) packaging & test, 1st class 10 clean Eldorado construction
Brazil. in Atibaia production modules. room in LATAM Institute,
PPB program Campinas/SP >15,000 m2
(4.800m2) “DRAM Era” PADIS program. “Mobile Era”
“Module Era”

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

2002 2005 2006 2009 2012 Die 2016

Technologies

SMT TSOP FBGA DDP stacking Flip chip

2005 2006 2010 2011 2012 2013 2014 2016 2016 2018
Components

DDR 256Mb/ DDR2 512Mb/1Gb microSD USB drive DDR3 2Gb eMMC eMCP DDR4 4Gb LPDDR3 DDR4 8Gb
512Mb

2002 2006 2011 2012 2016 2018 2019

Prodcuts

2017
DDR DDR2 SSD DDR3 DDR4 WiFi/BT Battery SSD / LPWAN
Module (IoT)

COMPANY CONFIDENTIAL 6
 Location: Atibaia - SP, Brazil
ATIBAIA - SP, BRAZIL
Semiconductor
manufacturing
IC Packaging & Test
Module, wireless and
battery manufacturing
R&D Center
COMPANY CONFIDENTIAL
Semiconductor company (PADIS program):
Packaging of memory components
• eMCP
• LPDRAM, DRAM IC
• eMMC
Modules company (PPB program):
DRAM memory modules
• SODIMM, DIMM
• UDIMM ECC, RDIMM ECC, LRDIMM ECC
Batteries
• LIPO for mobile
7
 Semiconductor Manufacturing Model

Local packaging of Components

semiconductors

Wafer
Unpackaged
Semiconductor

DRAM Memory
LPDRAM Memory Modules
Flash Memory SMT
Controllers

* Surface Mouting Technology

COMPANY CONFIDENTIAL 8
 Strategic Technology Partnership

• Strong relationship between SMART and Samsung

Semiconductor since SMART was founded.
• Partnership for wafer level support between Samsung
Semiconductor and SMART Brazil since 2005.
• DRAM and flash products for computer and mobile
products
• SMART Brazil to produce equivalent Samsung products.
• SMART Brazil partnership with Samsung SDI for batteries

COMPANY CONFIDENTIAL 9
 Certifications & Compliances

• ISO 9001:2008 Certification (since 1999)

• Lead-free & RoHS compliance (since 2005)
• ISO 14001:2004 Certification (since 2008)
• Halogen free compliance (since 2009)
• REACH compliance (since 2010)
• Sony Green partner certification (since 2010)
• OHSAS 18001:2007 (since 2013)
• RBA (form. EICC) compliance (since 2013)
• Samsung Eco partner certification (since 2016)
• Authorize Economic Operator (AEO) (since 2019)
• Audited and certified by all major OEMs that we serve

COMPANY CONFIDENTIAL 10
 Customer Base

Customers

Contract manufacturers

COMPANY CONFIDENTIAL 11
 R&D Strategy and Infrastructure
Brazil
Research & development for new products for
both PADIS and PPB programs:
• Product development of
• DRAM and flash memory components,
memory & SSD modules, SSD,
batteries, IoT products and PCB
Design.
• Process development
• Materials development
• Test Development
• Test sustaining
• Signal integrity
22 Technology partners
(Universities and Research Institutes)
SMART R&D Semiconductor Assembly and Test
prototype line at the Eldorado Institute,
Campinas - SP
COMPANY CONFIDENTIAL
South Korea
Research & development of new products and
advanced technologies:
• For all semiconductor components & batteries
• Manufacturing processes development
• Software, hardware and firmware
• Correction and reprogramming
• Substrate/PCB design
• Design verification, analysis, reliability test,
simulation
• Materials research and selection
• New product launches to Brazil site
New business research and customer support
• New business model suggestion and guidance
• Customer qualification & technology support
Partnership with main universities and
laboratories.
30 people of CE&S & R&D working for Brazil are
located in Korea.
12
 SMART is well positioned

Compliance to local Strategic

content (PADIS & partnership with
PPB) Samsung
Semiconductor

Global proficiency Unique product

with regional development and
expertise R&D capability

Deep Brazilian
market knowledge

COMPANY CONFIDENTIAL 13
 Product Portfolio

eMCP eMMC LPDRAM DRAM IC

32GB+24Gb 32GB LPDDR3 24Gb DDR4 8Gb x8
32GB+16Gb 16GB LPDDR3 16Gb DDR4 8Gb x16
16GB+16Gb DDR4 4Gb x8
16GB+12Gb DDR3 4Gb x16
16GB+8Gb
8GB+8Gb

SODIMM / DIMM ECC DIMM RDIMM

DDR4: 16GB, 8GB and 4GB DDR4: 16GB and 8GB DDR4: 64GB, 32GB, 16GB and 8GB
(2133/2400/2666 MHz) (2133/2400/2666 MHz) (2133/2400/2666/2933 MHz)

Battery SSD LoRa Module (IoT)

Mobile
Customer unique
Lithium Ion
Polymer (LIPO)
512GB/256GB
M.2 2280 NVMe

COMPANY CONFIDENTIAL 14