POWER INTEGRATIONS INC

Power Integrations, Inc. (NASDAQ: POWI) designs, develops and markets analog and mixed-signal integrated circuits and electronic components used in high-voltage power conversion applications. The company's website is www.power.com.

The company specializes in creating highly integrated power conversion solutions that reduce design complexity and component count compared to discrete alternatives. Power Integrations' product portfolio includes AC-DC power conversion ICs for applications ranging up to approximately 500 watts, high-voltage gate drivers for power levels from 100 kilowatts to gigawatts, and motor-driver ICs for brushless DC motors. The company's flagship product families include TOPSwitch, TinySwitch, LinkSwitch, InnoSwitch, Hiper, BridgeSwitch and SCALE product lines. A significant innovation is the company's proprietary PowiGaN technology, which incorporates gallium-nitride transistors to improve energy efficiency compared to traditional silicon-based solutions.

Power Integrations serves four major end markets: communications, computer, consumer and industrial. In 2025, these segments represented approximately 12%, 13%, 37% and 38% of net revenue respectively. The company's products are incorporated into power supplies for consumer appliances, industrial controls, utility meters, LED lighting, electric vehicles, renewable energy systems and numerous other applications. The company emphasizes energy efficiency through technologies like EcoSmart, which reduces standby power consumption, and has sold over 21 billion ICs featuring this technology.

The company operates a fabless manufacturing model, contracting with three foundries in Japan, Germany and the United States for wafer production, while utilizing assembly and testing subcontractors across Asia and Europe. Power Integrations maintains a global workforce of 877 employees across 15 countries, with 39% based in North America and 61% offshore. The company maintains direct sales relationships with original equipment manufacturers and merchant power supply manufacturers while also distributing through independent representatives and distributors worldwide. Top ten customers accounted for approximately 81% of net revenue in 2025.