Company: AOSL
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001628280-25-041297
Chunk: 61

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-08-28
Form: 10-K
Item: Item 1
Chunk 61
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 power discrete devices is power delivery by switching, transferring or converting electricity.  Power transistors comprise the largest portion of the power discrete device market.  Power ICs, sometimes referred to as power management ICs, perform power delivery and power management functions, such as controlling and regulating voltage and current and controlling power discrete devices.

The power semiconductor market has been driven by several key factors in recent years.  The proliferation of computer and consumer electronics, such as notebooks, tablets, smart phones, and portable media players created the need for sophisticated power management that increases power efficiency and extends battery life.  The evolution of these products is characterized by increased functionality, thinner and smaller form factors and decreasing prices.  Our Power IC and low voltage 

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(5V-40V) MOSFET products address these markets.  In the area of AC-DC power supplies for electronic equipment, data centers and servers, the market is characterized by a continuous demand for energy conservation through higher efficiency, which drives the market for our medium voltage (40V-400V) and high voltage (500V-1000V) MOSFET products.  The increased application of power semiconductors to control motors in white goods and industrial applications is driving demand for IGBTs.  IGBTs are also being used in renewable energy and automotive applications.

The evolution toward smaller form factors and complex power requirements in the low voltage areas has driven further integration in power semiconductors, resulting in power ICs that incorporate the functionalities of both power management and power delivery in a single device.  Power ICs can be implemented by incorporating all necessary power functions either on one piece of silicon or multiple silicon chips encapsulated into a single device.  Additionally, advancements in semiconductor packaging technology enable increased power density and shrinking form factors.

Our business and operational model is based on achieving a balance between technological advancement and cost effectiveness by using a dedicated in-house technology research and development team to drive rapid new product developments, while utilizing both in-house and third-party foundry capacity for our products.  This is particularly important in the development of power semiconductor products due to the unique nature of their technology.

Our strategies 

We seek to advance our position as a designer, developer and global supplier of a broad portfolio of power semiconductors.  We have adopted strategies that allow us to balance the development of proprietary technology at in-house fabrication and packaging facilities and also utilize the capacity and manufacturing capability of third-party foundries and subcontractors.  This enables us to bring new products