Silergy () is a multinational

semiconductor company The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. Its roots can be traced to the invention of the transistor b ...

incorporated in the

Cayman Islands The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory, and the largest by population. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located so ...

and

publicly listed A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (li ...

on the

Taiwan Stock Exchange The Taiwan Stock Exchange Corporation (TWSE; ) is a financial institution, located in Taipei 101, in Taipei, Taiwan. The TWSE was established in 1961 and began operating as a stock exchange on 9 February 1962. It is regulated by the Financial S ...

. Its headquarters is in

Hangzhou Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counti ...

Zhejiang ) , translit_lang1_type2 = , translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese) , image_skyline = 玉甑峰全貌 - panoramio.jpg , image_caption = View of the Yandang Mountains , image_map = Zhejiang i ...

, and it operates 30 locations in 10 countries, including a technology headquarters in

Santa Clara, California Santa Clara ( ; Spanish language, Spanish for "Clare of Assisi, Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 United States census, 2020 census, making it the List of cities and towns i ...

The company manufactures

power management integrated circuit A power management integrated circuit (PMIC) is an integrated circuit for power management. Although it is a wide range of chip types, most include several DC/DC converters or their control part. A PMIC is often included in battery-operated d ...

s (PMICs).

Background

Silergy was founded in February 2008 by several

Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley ...

veterans. Silergy was originally founded

but due to the

2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...

, another office was set up in Hangzhou to take advantage of China's domestic demand. At the time the PMIC market share was dominated by American and European manufacturers such as

Texas Instruments Texas Instruments Incorporated (TI) is an American multinational semiconductor company headquartered in Dallas, Texas. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog ...

Qualcomm Qualcomm Incorporated () is an American multinational corporation headquartered in San Diego, California, and Delaware General Corporation Law, incorporated in Delaware. It creates semiconductors, software and services related to wireless techn ...

and

Infineon Technologies Infineon Semiconductor solutions is the largest microcontroller manufacturer in the world, as well as Germany's largest semiconductor manufacturer. It is also the leading automotive semiconductor manufacturer globally. Infineon had roughly 58,0 ...

. The goal was the company was to create a Chinese equivalent of Texas Instruments that could break the monopoly. Silergy adopts a "virtual IDM" model that requires cooperation with wafer foundries resulting in a single chip that can integrate multiple multiple functions. In December 2013, Silergy held its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

becoming a listed company on the Taiwan Stock Exchange. One of the advantages of being listed in Taiwan was Silergy did not need to be secretive and could recruit talent from Taiwan openly. Silergy has made multiple acquisitions to expand the scale of its operations. In 2016, it acquired smart meter and energy monitoring business (including

Teridian Semiconductor Teridian Semiconductor Corporation (TSC) is a brand of mixed-signal ICs, primarily for energy-management markets that is manufactured by Silergy. It was formerly owned by Maxim Integrated Products. Products Teridian metrology system-on-chip (SOC) ...

) from

Maxim Integrated Maxim Integrated Products, Inc., was an American semiconductor company that designed, manufactured, and sold analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's pr ...

for US$105 million. In January 29, 2018,

Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...

reported "Silergy says unit to buy property in Xi'an for 41.6 mln yuan" In April 5, 2021, Silergy continued to grow rapidly, with revenues surpassing $1 billion in 2020. In April, 2023, Silergy leased a 27,700 square foot office in Santa Clara, CA, for its US Technology headquarters, previously located in a 5,000 square foot office in Sunnyvale, CA. In the first quarter of 2024, Silergy finally returned to positive growth after experiencing six-quarters of decline due to a weak China market as well as price pressure. The next market it planned to focus on is the

green energy Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs." Definitions of sustainable energy usually look at its effects on the environment, the economy, and so ...

industry.

References

External links

* {{Electronics industry in China 2008 establishments in California 2013 initial public offerings Companies based in Hangzhou Companies listed on the Taiwan Stock Exchange Electronics companies established in 2008 Semiconductor companies of China

Background

See also

References

External links