Power Integrations (POWI) Investor presentation summary

Technology leadership and innovation

• Specializes in high-voltage (HV) semiconductors, focusing on energy-efficient AC-DC power supplies, LED drivers, gate drivers, motor drivers, and automotive solutions.

• Recognized as a leader in GaN technology for HV power conversion, with proprietary GaN products up to 1700 V introduced by 2024.

• Integration of HV and LV sides in InnoSwitch reduces component count and increases efficiency.

• Extensive IP portfolio and history of innovation, including pioneering products like TOPSwitch, EcoSmart, and PowiGaN.

• Regularly consults with energy policy makers and participates in international standards committees.

Market trends and applications

• Addressable market is expanding and diversifying, driven by trends in AI data centers, power grid modernization, advanced chargers, and electric transportation.

• Products serve a broad range of applications, including industrial, automotive, consumer, and communications sectors.

• Increasing HV content in electric vehicles, with solutions for emergency power, traction inverters, and battery management.

• BLDC motor driver ICs target residential, commercial, and industrial appliances.

• Integration reduces materials and energy use, replacing up to 100 components with two ICs.

Manufacturing and sustainability

• Operates a "fabless IDM" model, controlling process technologies and partnering with multiple geographically dispersed foundries.

• All manufacturing partners certified for environmental and occupational health standards, with aggressive carbon reduction targets.

• Extensive use of solar energy at global facilities to manage internal carbon footprint.

• Recognized for energy efficiency leadership, with 95% of 2024 revenues EU Taxonomy-eligible.

• High-voltage semiconductors are positioned as critical to achieving global carbon-reduction targets.