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Monolithic Power Systems Inc (MPS) offers high-performance, semiconductor-based power electronics solutions. The company offers a wide range of products, including power management switching converters and controllers, data center power protection, motor drivers and controllers, and battery management systems, among others. It also offers direct current (DC) to DC products, power modules, motor drivers and position sensors, display backlighting power, ultrasound, USB, e-fuse, light-emitting diode (LED) and illumination, load switches and lighting control products, and AC (alternate current)/DC (direct current) offline solutions. MPS's products are utilized across various industries such as industrial, telecom infrastructures, cloud computing, automotive, and consumer applications. The company has operations across the US, China, India, Japan, Singapore, Malaysia, South Korea, Taiwan, Spain, Germany, Portugal, Italy, Hungary, the Netherlands and Switzerland. MPS is headquartered in West Palm Beach, Florida, the US.
Headquarters
United States of America
Address
1555 Palm Beach Lakes Blvd., Kirkland, Washington, 33401
Website
www.monolithicpower.com
Telephone
1 561 8393999
No of Employees
4,501
Industry
Technology and Communications
Ticker Symbol & Exchange
MPWR (NASD)
Revenue (2024)
$2.8B
26.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-61%
(2024 vs 2023)
Market Cap*
$65.6B
Net Profit Margin (2024)
XYZ
-69.1%
(2024 vs 2023)
* As of and is in US$
Monolithic Power Systems Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Power Management Products |
| AC-DC (Alternating Current-Direct Current) Products |
| Power Modules |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In September, the company partnered with GlobalFoundries Inc to deploy MPS’s proprietary process technology to GF’s advanced 300 mm manufacturing facility in Singapore. |
| 2026 | Contracts/Agreements | In January, the company signed a partnership with Renewables to combine wireless high-speed charging into their e2T electric two-wheel tractor. |
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired Axign B.V. |
Competitor Comparison
| Key Parameters | Monolithic Power Systems Inc | Micron Technology Inc | Texas Instruments Inc | Infineon Technologies AG | NXP Semiconductors NV |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Germany | Netherlands |
| City | Kirkland | Boise | Dallas | Neubiberg | Eindhoven |
| State/Province | Washington | Idaho | Texas | Bayern | Noord-Brabant |
| No. of Employees | 4,501 | 53,000 | 33,000 | 56,992 | 32,169 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert Dean | Chief Financial Officer - Interim | Senior Management | 2026 | - |
| Michael R. Hsing | Chief Executive Officer; Chairman; President | Executive Board | 1997 | 66 |
| Saria Tseng | Executive Vice President - Strategic Corporate Development; General Counsel; Secretary | Senior Management | 2009 | 55 |
| Deming Xiao | Executive Vice President - Global Operations | Senior Management | 2008 | 63 |
| Maurice Sciammas | Executive Vice President - Worldwide Sales and Marketing | Senior Management | 2007 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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