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ICT



        noisier as new energy sources and new energy loads are added.             outside the vehicle. These are exciting
           Lastly, let’s discuss clean energy. While fossil fuels will continue to supply a portion of   new developments for the industry, ADI
        the world’s energy needs, much of the growth going forward will be from clean energy.   and the path to sustainability.
        The ramp-up is happening at the global level and is driven not only by climate accords   Our impact on the planet has never
        but also by economics. Solar and wind are cheaper than oil, and EV consumers enjoy the   been more important than it is today.
        convenience and savings of paying for miles at the plug vs. paying at the petrol station.  And our impact here at ADI is enabling us
           However, clean energy sources operate intermittently and must be managed with   to keep innovating ahead of the industry.
        energy storage systems to provide a smooth supply into the grid. Though the market   We are just at the beginning of making
        for energy storage is much smaller than for EVs, energy storage systems are growing   the world a more sustainable place, and
        even faster than EV production and rely on precision BMS tailored to their specific use   electrification with semi-conductors is
        cases. This challenge presents significant opportunities for the precision and processing   the key technology enabler to accelerate
        technology developed by ADI.                                              to a net zero future.         n

        Accelerating the future                                                   References
        As we look to the future, we see that the carbon-saving impact of semi-conductors   -  “What is Sustainability?” UCLA.
        creates pressure for the upstream supply chains to become more green over time.   -  “Gartner Says Worldwide Semiconductor
        Getting to a truly zero carbon supply bill of materials is very difficult for semi-conductors.   Revenue Grew 26% in 2021.” Gartner, Inc.,
        However, there is a premium to be made for those who get there first. Today’s consumers   April 2022.
        pay more for green products, and semi-conductors are expected to follow suit. So, let’s   -  George Calhoun. “Which Companies
        ask for it. When will we see a zero-carbon fabric or a zero-carbon package?  Add the Most Value in the
           And there are additional initiatives. For example, ADI is building on our industry-  Semiconductor Industry? (Part 1).”
        leading position in BMS and creating a major new initiative to enable a sustainable   Forbes, September 2021.
        battery. Working with partners, we are developing insights into the battery lifecycle to   -  Bill Gates. How to Avoid a Climate
        detect anomalies, monitor battery health and assess value for second life applications   Disaster. Alfred A. Knopf, February 2021.
                                                                                  -  Peter Brown. “Semiconductor Spending
                                                                                   in Cars to Rise by 55.6% by 2026.”
                                                                                   Electronics360, September 2021.
                                                                                  -  Fred Lambert. “Global Market Share
                                                                                   of Electric Cars More Than Doubled in
                                                                                   2021 as the EV Revolution Gains Steam.”
                                                                                   Electrek, February 2022.
                                                                                  -  “How Supply-Chain Turmoil Is Remaking
                                                                                   the Car Industry.” The Economist, June
                                                                                   12, 2022.
                                                                                  -  “Analog Devices Introduces Automotive
                                                                                   Industry’s First Wireless Battery
                                                                                   Management System for Electric Vehicles.”
                                                                                   Business Wire, September 2020.
                                                                                  -  Key World Energy Statistics 2021”
                                                                                   International Energy Agency,
                                                                                   September 2021
                                                                                  -  Analog Devices and Gridspertise Join
                                                                                   Forces to Advance Smart Grid Resiliency
                                                                                   and Electrification Worldwide.” Analog
                                                                                   Devices, Inc., March 2022


         About Patrick Morgan
         Dr. Patrick Morgan is the vice president and general manager of automotive at Analog Devices, a
         leader in analog/mixed-signal ICs, software, and systems. He has more than 25 years of experience
         successfully developing, growing and managing businesses in the automotive, consumer and
         industrial markets. His prior experience includes NXP and Freescale Semi-conductor, where he
         established and grew its position in advanced driver assistance systems (ADAS). Prior to Freescale,
         Patrick was the vice president at Javelin Semiconductor, a power amplifier start-up company, leading
         its growth from inception to successful acquisition by Avago in four years. Patrick also led wireless
         products at Silicon Labs, growing from zero to $1B+ in mobile handsets in the early 2000s. He holds
         seven patents and a Ph.D. in electrical engineering from Stanford University.



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