Silergy矽力杰

6415.TWFounded 2008Reviewed 2026-08-30

Silergy Corp, founded in 2008 by Silicon Valley engineers and incorporated in the Cayman Islands with its main operating subsidiary in Hangzhou, China, designs power management ICs, power modules and battery management ICs for automotive, industrial, communications and consumer applications. It has been listed on the Taiwan Stock Exchange (6415.TW) since December 2013, an unusual mainland-rooted, Taiwan-listed structure. Revenue reached NT$18.45 billion in 2024, up about 20% year over year.

Scale

~$2.6Brevenue FY2025 · TWD 18.8B
~$23Bmarket cap · 2026-10-04

Gap vs frontier

Substitutesector position

Sector-level position; no priceable accelerator silicon to compare chip-by-chip.

Silergy: substitute tier in Analog / power management, ~$2.6B FY2025 revenue.

The chip stackEach layer depends on the layers below it
1 · ChipsWhat the stack produces
2 · Design toolsSoftware and IP to design them
3 · ManufacturingPlants that turn designs into silicon
4 · EquipmentMachines inside the plants
5 · MaterialsWhat the plants consume

Company at a glance

Scale

Revenue up 22% since FY2023

Growth prospects

Expanding customer base and product roadmap

via silergy.com ↗Consolidated net operating revenue of NT$18,454,847 thousand in 2024, an increase of about 20% from NT$15.43 billion in 2023via silergy.com ↗Received a '2024 Best Partner Award' from a major customer, as highlighted on the company site

China competition

Competes with SG Micro, 3PEAK, Novosense, Maxscend in Analog / power — peers listed at sector level.

Substitute

Global comparables

Global reference set: Texas Instruments, Analog Devices, Infineon.

Monolithic Power Systems

Technical gap

Sector rated substitute vs the frontier.

Obstacles

Sector bottleneck applies

Reliability, mixed-signal design depth, long qualification cycles, and high-end customer trust.

Official filings: Silergy 2024 annual report (PDF) ↗

All sourced facts (5)
  • Founded: February 2008, incorporated in the Cayman Islands, initially headquartered in Sunnyvale, California, with principal operations in Hangzhou, China via silergy.com ↗
  • Listing: Taiwan Stock Exchange, 6415.TW, since December 2013 via silergy.com ↗
  • FY2024 revenue: Consolidated net operating revenue of NT$18,454,847 thousand in 2024, an increase of about 20% from NT$15.43 billion in 2023 via silergy.com ↗
  • Product scope: Power management ICs, power modules and battery management ICs serving automotive, industrial and consumer end markets via silergy.com ↗
  • Customer recognition: Received a '2024 Best Partner Award' from a major customer, as highlighted on the company site via silergy.com ↗

About

Fabless analog IC design: develops DC-DC converters, AC-DC converters, LED drivers, motor-control and battery-management ICs plus power modules, with wafer fabrication outsourced; sells into automotive, industrial, computing and consumer supply chains worldwide.

Founded 2008

Why it matters

Silergy is one of the few Chinese-rooted analog companies competing globally against Texas Instruments, ADI and Monolithic Power Systems in power management, with revenue scale around US$570-600 million and sustained double-digit growth in 2024. Its Taiwan listing and Cayman structure make it a distinctive case in cross-strait semiconductor capital flows.

Where it sits in the stack

Key semiconductor products

  • Power modules
  • LED driver and motor-control ICs
  • Power Management ICs·PMICs

Financials

6415.TW · Taiwan Stock Exchange (TWSE) 6415.TW · via Yahoo Finance ↗

Financial trajectory via annual filings via Yahoo Finance

TWD billions
TWD 15.4BTWD 0.75B
2023
TWD 18.5BTWD 2.29B
2024
TWD 18.8BTWD 2.48B
2025

Market data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.

Ecosystem

Ecosystem links

  • US operations

Constraints

  • Third-party foundries

Global peer set

  • Monolithic Power Systems
  • Texas Instruments
  • ADI
  • Infineon
  • Richtek (MediaTek)

Competitive position

  • Largest mainland-China-rooted fabless analog/power-IC designer by revenue, at roughly US$570-600 million annual sales
  • Head-to-head competitor of Monolithic Power Systems, Texas Instruments and ADI in high-efficiency power conversion
  • Growing automotive and industrial mix as consumer electronics becomes a smaller share of sales
  • Global comparables: Monolithic Power Systems
  • Global comparables: Texas Instruments
  • Global comparables: ADI
  • Global comparables: Infineon
  • Global comparables: Richtek (MediaTek)

Milestones and signals

  • 2008—Silergy was founded.
  • 2013—Taiwan Stock Exchange, 6415.TW, since December 2013
  • 2026-10-04—Market cap: TWD 165B
  • FY2025—Revenue: TWD 18.8B
  • FY2025—Net Profit: TWD 2.5B

What to watch

  • Continued share gains in automotive and 48V power delivery against MPS and TI
  • Revenue trajectory past the NT$18.8 billion (FY2025) level and margin recovery
  • How the cross-strait listing structure and mainland Hangzhou base interact with tightening export-control regimes

Questions

Last reviewed 2026-07-11

Answered questions

What is the measurable gap versus global reference companies?

Largest mainland-China-rooted fabless analog/power-IC designer by revenue, at roughly US$570-600 million annual sales.

Open questions

  • Which products are qualified beyond pilots in fabless?
  • Which customers, fabs, or end markets show real adoption rather than policy interest?