Monolithic Power Systems, Inc. designs, develops and markets integrated power semiconductor solutions and power delivery architectures. In 2014, the company completed the acquisition of Sensima Technology SA (Sensima), a company based in Switzerland that develops magnetic sensors for angle measurement, as well as three-dimensional magnetic field sensing. Sensima’s products are based on Hall devices that are directly integrated with the signal treatment and instantaneously detect and deliver the angle value in digital format. Their angle sensors are used in rotary encoders, electronically commutated motors and a range of products. 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 comprise: 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 typically found in notebook computers, LCD monitors, car navigation systems, and LCD televisions. Backlighting solutions are typically either white light emitting diode (WLED) lighting sources or cold cathode fluorescent lamps. 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 efficient 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 offers AC/DC power conversion solutions for various end products that plug into a wall outlet. 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 providers. The company has sales offices located in the United States, Taiwan, China, Korea, and Japan; and has marketing representatives in Europe and Singapore. Research and Development The company’s research and development expenses totaled $58.6 million for the year ended December 31, 2014. Patents and Intellectual Property Matters As of December 31, 2014, the company had approximately 1,172 patents/applications issued or pending, of which 223 patents have been issued in the United States. The company’s issued patents are scheduled to expire at various times through December 2034. Competition The company’s primary competitors include Analog Devices; Fairchild Semiconductor; International Rectifier; Intersil Corporation; Linear Technology Corporation; Maxim Integrated Products; Micrel Inc.; Microchip Technology; Microsemi Corporation; O2 Micro International, Ltd.; ON Semiconductor; Power Integrations, Inc.; Richtek Technology Corporation; Rohm Co., Ltd.; Semtech Corporation; STMicroelectronics N.V.; and Texas Instruments Incorporated. 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
79 Great Oaks Boulevard
San Jose, CA 95119
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