Monolithic Power Systems, Inc. designs, develops, and markets proprietary, advanced analog and mixed-signal semiconductors. The company’s products are used in computing and network communications products, flat panel TVs, set top boxes, lighting products, and various consumer and portable electronics products, and automotive and industrial markets. Products and Applications The company has two primary product families that address multiple applications within the storage and computing, consumer electronics, communications, and industrial/automotive markets. These product families include the following: Direct Current (DC) to DC Products: DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless LAN access points, computers, set top boxes, TVs and monitors, automobiles and medical equipment. Lighting Control Products and alternating current (AC)/DC Offline Solutions: Lighting Control ICs are used in backlighting and general illumination products. Lighting control ICs for backlighting are used in systems that provide the light source for LCD panels found in notebook computers, LCD monitors, car navigation systems, and LCD televisions. Backlighting solutions are either white light emitting diode (WLED) lighting sources or cold cathode fluorescent lamps (CCFL). WLED lighting control ICs step-up or step-down a DC voltage, or convert from an AC line voltage supplied by the utility company (also called AC/DC Offline) and provide precision power and protection to a LED string or to multiple LED strings. In addition to AC/DC offline solutions for lighting illumination applications, the company also offers AC/DC power conversion solutions for a diverse number of end products that plug into a wall outlet. Markets The company targets its products at the consumer electronics, communications, storage and computing, and industrial markets. Sales and Marketing The company sells its products through third party distributors, value-added resellers and directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service (EMS) providers. The company has sales offices located in the United States, Taiwan, China, Korea and Japan and have marketing representatives in Europe and Singapore. Research and Development The company’s research and development expenses totaled $49.7 million, as of December 31, 2013. Intellectual Property As of December 31, 2013, the company had approximately 1,040 patents issued and pending, of which 170 have been issued in the United States. The company’s issued patents are scheduled to expire at various times through December 2033. Competition The company’s primary competitors include Analog Devices; Fairchild Semiconductor; International Rectifier; Intersil Corporation; Linear Technology; Maxim Integrated Products; Micrel Inc.; Microchip Technology; Microsemi Corporation; O2Micro International; ON Semiconductor; Richtek Technology Corporation; Rohm Co., Ltd.; Semtech Corporation; STMicroelectronics N.V.; and Texas Instruments. History Monolithic Power Systems, Inc. was founded in 1997. The company was incorporated in California in 1997 and reincorporated in Delaware in 2004.
monolithic power systems inc
(MPWR:Consolidated Issue Listed on NASDAQ Global Select )
79 Great Oaks Boulevard
San Jose, CA 95119
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