| Native name | 矽力杰股份有限公司 |
|---|---|
| Foundation | 7 February 2008 (age 18) |
| Location | Hangzhou, Zhejiang, China |
| Founders |
|
| Key people |
|
| Revenue | NT$ 15.43 billion (2023) |
| Net income | NT$ 637.05 million (2023) |
| Assets | NT$ 34.42 billion (2023) |
| Equity | NT$ 31.54 billion (2023) |
| Num employees | 1,720 (2023) |
| Industry | Semiconductors |
| Homepage | www.silergy.com |
Silergy (Chinese: 矽力; pinyin: Xì Lì) is a multinational semiconductor company incorporated in the Cayman Islands and publicly listed on the Taiwan Stock Exchange. Its headquarters is in Hangzhou, Zhejiang, and it operates 30 locations in 10 countries, including a technology headquarters in Santa Clara, California The company manufactures power management integrated circuits (PMICs).
Background
Silergy was founded in February 2008 by several Silicon Valley veterans. Silergy was originally founded Santa Clara, California but due to the 2008 financial crisis, another office was set up in Hangzhou to take advantage of China's domestic demand.[1][2][3]
At the time the PMIC market share was dominated by American and European manufacturers such as Texas Instruments, Qualcomm and Infineon Technologies. 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.[1][2][3]
In December 2013, Silergy held its initial public offering 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.[1][2][4]
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) from Maxim Integrated for US$105 million.[3][5]
On 29 January 2018,Reuters reported "Silergy says unit to buy property in Xi'an for 41.6 mln yuan"[6]
On 5 April 2021, Silergy continued to grow rapidly, with revenues surpassing $1 billion in 2020.[7]
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.[8]
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 industry.[9]
See also
References
- ^ "Silicon Valley veterans create unicorn in Hangzhou". www.ezhejiang.gov.cn. 2 December 2016. Archived 22 October 2019 at the Wayback Machine. Retrieved 21 June 2024.
- ^ 王子承 (8 December 2021). "拉下大立光的神秘股王 身價逾300億的他發跡美國、坐大中國 卻仰賴台灣人才打天下 - 今周刊" (in zh-Hant-TW). www.businesstoday.com.tw. Archived 15 August 2022 at the Wayback Machine. Retrieved 21 June 2024.
- ^ 魏, 鑫陽 (10 May 2021). "新股王揭密2／矽力創新整併晶片功能 併購壯大切入物聯網" (in zh-Hant-TW). Yahoo News. Archived 6 July 2024 at the Wayback Machine. Retrieved 21 June 2024.
- ^ Chao, Cage (30 September 2013). "China-based IC design house Silergy to debut on TSE". DIGITIMES. Archived 6 July 2024 at the Wayback Machine. Retrieved 21 June 2024.
- ^ Shen, Steve (4 January 2016). "Silergy to buy Maxim smart meter, energy monitoring businesses". DIGITIMES. Archived 7 January 2016 at the Wayback Machine. Retrieved 21 June 2024.
- ^ "Silergy says unit to buy property in Xi'an for 41.6 mln yuan". Reuters. January 29, 2018. Retrieved 28 June 2024.
- ^ "2020 Annual Report". Silergy. April 5, 2021. Archived 29 June 2024 at the Wayback Machine. Retrieved 28 June 2024.
- ^ "Silergy Goes Big: 28K-SF Lease in Santa Clara to Expand HQ – CRE MarketBeat". Retrieved 2024-09-18.
- ^ Liu, Jay (16 May 2024). "Chinese PMIC market to recover faster than others, says Silergy". DIGITIMES. Archived 21 June 2024 at the Wayback Machine. Retrieved 21 June 2024.