Notes
Silergy is one of China/Taiwan's leading homegrown analog power-management IC vendors, founded by ex-Linear Technology engineers and listed in Shanghai (688368). Has been a key beneficiary of China's analog-IC localization push, expanding from consumer power into industrial, automotive and communications segments, though it faces margin pressure from a cyclical analog downturn and intensifying domestic competition.
Silergy reported May 2026 revenue of NT$1.91B, up 31.6% YoY but down 5.1% MoM from April's NT$2.01B. The strong YoY acceleration suggests sustained recovery in analog/power-management demand, likely tied to AI server power delivery and HBM-adjacent rail content, though the sequential dip hints at near-term order normalization.